Caxton Associates LP purchased a new position in shares of Adtalem Global Education Inc (NASDAQ:ATGE) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,732 shares of the company’s stock, valued at approximately $369,000.
Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC acquired a new stake in Adtalem Global Education during the 2nd quarter worth approximately $174,000. GHP Investment Advisors Inc. acquired a new stake in Adtalem Global Education during the 2nd quarter worth approximately $202,000. Shelton Capital Management acquired a new stake in Adtalem Global Education during the 2nd quarter worth approximately $224,000. Parametrica Management Ltd acquired a new stake in Adtalem Global Education during the 2nd quarter worth approximately $232,000. Finally, Capstone Investment Advisors Netherlands B.V. acquired a new stake in Adtalem Global Education during the 2nd quarter worth approximately $243,000.
Adtalem Global Education (NASDAQ:ATGE) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.09. Adtalem Global Education had a return on equity of 10.35% and a net margin of 9.76%. The business had revenue of $451.50 million during the quarter, compared to analyst estimates of $452.77 million. During the same period in the prior year, the company earned $0.65 earnings per share. Adtalem Global Education’s revenue was down 4.3% compared to the same quarter last year.
Several research firms recently weighed in on ATGE. BMO Capital Markets reissued a “market perform” rating and set a $35.00 price target (down from $40.00) on shares of Adtalem Global Education in a report on Monday, August 21st. Zacks Investment Research raised Adtalem Global Education from a “sell” rating to a “hold” rating in a report on Friday, July 7th.
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In other Adtalem Global Education news, insider John P. Roselli sold 2,327 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $33.99, for a total transaction of $79,094.73. Following the completion of the transaction, the insider now directly owns 13,730 shares of the company’s stock, valued at $466,682.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Eric P. Dirst sold 3,114 shares of the stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $34.06, for a total value of $106,062.84. Following the transaction, the insider now directly owns 14,800 shares of the company’s stock, valued at $504,088. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,328 shares of company stock valued at $384,138.
About Adtalem Global Education
Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.
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