Adtalem Global Education (NYSE:CVSA) CEO Sells $330,742.62 in Stock

Adtalem Global Education Inc. (NYSE:CVSAGet Free Report) CEO Stephen Beard sold 2,529 shares of Adtalem Global Education stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $130.78, for a total value of $330,742.62. Following the sale, the chief executive officer owned 424,033 shares in the company, valued at $55,455,035.74. The trade was a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adtalem Global Education Price Performance

Shares of NYSE CVSA traded down $3.66 during mid-day trading on Friday, reaching $128.23. 295,964 shares of the company’s stock were exchanged, compared to its average volume of 254,545. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62. Adtalem Global Education Inc. has a 52 week low of $86.97 and a 52 week high of $156.26. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average price of $120.70.

Adtalem Global Education (NYSE:CVSAGet Free Report) last released its earnings results on Thursday, May 7th. The company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.25. The company had revenue of $487.03 million for the quarter. Adtalem Global Education had a return on equity of 20.19% and a net margin of 12.26%.The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.92 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.950-8.150 EPS. As a group, sell-side analysts forecast that Adtalem Global Education Inc. will post 8.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CVSA has been the subject of several research reports. Zacks Research downgraded Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Adtalem Global Education in a research note on Friday, May 22nd. Wall Street Zen downgraded Adtalem Global Education from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial increased their price target on Adtalem Global Education from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Finally, Barrington Research reiterated an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research note on Monday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $155.00.

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Adtalem Global Education Company Profile

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Adtalem Global Education (NYSE: CVSA) is a provider of higher education and workforce solutions focused primarily on programs that prepare students for professional careers in healthcare, medicine, veterinary medicine and related fields. The company operates campus-based and online degree programs, continuing professional education, clinical training and exam-preparation offerings designed to support students seeking licensure and employment in regulated professions.

Adtalem’s portfolio includes institution brands that deliver undergraduate, graduate and professional training across nursing, medicine, veterinary medicine and allied health disciplines.

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