# Phoenix Education Partners (PXED.US)

Canonical: https://gigainvestors.com/s/PXED

Analysis as of: 2026-10-16T07:31:24.323Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $23.98 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Matthew McLennan](https://gigainvestors.com/FE): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 35% since Oct 2025

Story as of 2026-10-16T10:01:29.398Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in education & training services; annual sales are USD 1 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1600222/000119312525289786/pxed_10k_2025.htm (filed 2025-11-20); FY2025: revenue 1007192000; grossProfit 571200000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); PXED.US: Phoenix Education Partners, Inc., through its subsidiary, The University of Phoenix, Inc., provides online higher education for working adults in the United States. It develops talent solutions programs for employers, including a talent-sourcing platform that connects employers with students whose skills profiles align with job postings; and an AI-powered tool that scans an employer's inventory of sought-after skills and designs development pathways to internal job opportunities. The company was formerly known as AP VIII Queso Holdings, L.P. and changed its name to Phoenix Education Partners, Inc. in September 2025. The company was founded in 1976 and is headquartered in Phoenix, Arizona. Phoenix Education Partners, Inc. operates as a subsidiary of Ap Viii Socrates Holdings, L.P.

### Why customers stay

Margins ranged from 54.6% to 57.5% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-20); FY2023: grossProfit / revenue = 54.6%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-20); FY2024: grossProfit / revenue = 57.5%.

- Source: https://www.sec.gov/Archives/edgar/data/1600222/000119312525289786/pxed_10k_2025.htm (filed 2025-11-20); FY2025: grossProfit / revenue = 56.7%.

### Where the cash goes

Reinvests 1.8% of cash earnings; paid dividends in 2 of 3 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-20); FY2023: growth capex 0; upkeep 15717000; owner earnings 73119000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-20); FY2024: growth capex 1533000; upkeep 21056000; cash acquisitions 0; owner earnings 113130000. Growth capex plus acquisitions / owner earnings = 0.013550782285865818.

- Source: https://www.sec.gov/Archives/edgar/data/1600222/000119312525289786/pxed_10k_2025.htm (filed 2025-11-20); FY2025: growth capex 444000; upkeep 22013000; cash acquisitions 1982000; owner earnings 133877999. Growth capex plus acquisitions / owner earnings = 0.018120975949155023.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-20); Dividend observations: [[2023,0],[2024,69959000],[2025,214402000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1600222/000119312525289786/pxed_10k_2025.htm (filed 2025-11-20); FY2025: cash repurchases 214402000 USD.

### Are managers owners

Insiders own 2.5% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); PXED.US SharesStats.PercentInsiders = 2.5 percentage points; cache date 2026-10-15.

### What the price says

The price is 0.8 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-11-20); Closing price 23.98 USD; reporting-to-trading FX 1; FY2025 annual sales per share 28.294886639057957; price multiple 0.8475029536572968. FY2025 cash earnings/share 3.7610135953908634. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-10: $36.95 per share

- 2025-11: $33.71 per share

- 2025-12: $30.30 per share

- 2026-01: $30.51 per share

- 2026-02: $29.60 per share

- 2026-03: $31.46 per share

- 2026-04: $28.02 per share

- 2026-05: $30.24 per share

- 2026-06: $32.85 per share

- 2026-07: $28.59 per share

- 2026-08: $29.11 per share

- 2026-09: $25.43 per share

- 2026-10: $23.98 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1600222/000119312525289786/pxed_10k_2025.htm); period 2025-08-31, filed 2025-11-20.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.