Adtalem Global Education Inc. $ATGE Shares Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC raised its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 88.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,493 shares of the company’s stock after purchasing an additional 9,162 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Adtalem Global Education were worth $2,480,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in Adtalem Global Education by 377.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 12,294 shares of the company’s stock worth $1,237,000 after acquiring an additional 9,717 shares during the last quarter. Alps Advisors Inc. purchased a new position in shares of Adtalem Global Education in the first quarter worth about $371,000. Cerity Partners LLC lifted its holdings in shares of Adtalem Global Education by 17.0% during the first quarter. Cerity Partners LLC now owns 7,004 shares of the company’s stock worth $705,000 after purchasing an additional 1,019 shares during the period. Xponance Inc. boosted its position in Adtalem Global Education by 5.2% in the first quarter. Xponance Inc. now owns 3,040 shares of the company’s stock valued at $306,000 after buying an additional 151 shares during the last quarter. Finally, CWM LLC increased its holdings in Adtalem Global Education by 167.2% in the 1st quarter. CWM LLC now owns 1,999 shares of the company’s stock worth $201,000 after buying an additional 1,251 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on ATGE. Robert W. Baird set a $163.00 price objective on shares of Adtalem Global Education in a report on Friday, October 31st. Wall Street Zen cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. BMO Capital Markets reiterated an “outperform” rating and set a $158.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of Adtalem Global Education in a research report on Wednesday, October 8th. Finally, Zacks Research lowered shares of Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $156.50.

Insider Transactions at Adtalem Global Education

In other news, Director Kenneth J. Phelan purchased 508 shares of the stock in a transaction dated Wednesday, November 5th. The shares were purchased at an average cost of $98.29 per share, with a total value of $49,931.32. Following the completion of the purchase, the director directly owned 18,783 shares of the company’s stock, valued at approximately $1,846,181.07. The trade was a 2.78% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Michael W. Malafronte acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was purchased at an average price of $91.85 per share, for a total transaction of $91,850.00. Following the acquisition, the director directly owned 100,445 shares in the company, valued at $9,225,873.25. This represents a 1.01% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have sold 57,713 shares of company stock valued at $7,702,094. 2.50% of the stock is currently owned by corporate insiders.

Adtalem Global Education Stock Up 0.3%

Shares of ATGE opened at $95.16 on Tuesday. The firm has a market cap of $3.46 billion, a P/E ratio of 15.37, a PEG ratio of 1.22 and a beta of 0.81. Adtalem Global Education Inc. has a 12 month low of $83.70 and a 12 month high of $156.26. The stock’s 50 day moving average is $137.76 and its two-hundred day moving average is $128.34. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Thursday, October 30th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.18. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.The business had revenue of $462.29 million during the quarter, compared to the consensus estimate of $452.30 million. During the same period in the prior year, the company posted $1.29 EPS. The business’s quarterly revenue was up 10.8% on a year-over-year basis. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Adtalem Global Education Company Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.