Caxton Associates LP Purchases New Holdings in Adtalem Global Education Inc (ATGE)

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.

TRADEMARK VIOLATION WARNING: This story was posted by Stock Observer and is owned by of Stock Observer. If you are reading this story on another publication, it was copied illegally and reposted in violation of US and international copyright legislation. The legal version of this story can be read at https://www.thestockobserver.com/2017/10/13/caxton-associates-lp-purchases-new-holdings-in-adtalem-global-education-inc-atge.html.

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.

Institutional Ownership by Quarter for Adtalem Global Education (NASDAQ:ATGE)

Receive News & Ratings for Adtalem Global Education Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtalem Global Education Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply