5 Online Education Stocks to Buy

2. Perdoceo Education Corporation (NASDAQ:PRDO)

Number of Hedge Fund Holders: 19  

Perdoceo Education Corporation (NASDAQ:PRDO) provides online education services. The company is one of the few stocks with more than half of the total market capitalization in net cash and is still trading at relatively cheap prices. 

Perdoceo Education Corporation (NASDAQ:PRDO) recently posted earnings for the third quarter, reporting earnings per share of $0.45, beating estimates by $0.07. The revenue over the period was $174 million, beating predictions by $3 million. 

At the end of the third quarter of 2021, 19 hedge funds in the database of Insider Monkey held stakes worth $89 million in Perdoceo Education Corporation (NASDAQ:PRDO), up from 18 in the preceding quarter worth $99 million.