Keeler Thomas Management LLC Invests $1.40 Million in Adtalem Global Education Inc. $ATGE

Keeler Thomas Management LLC purchased a new position in Adtalem Global Education Inc. (NYSE:ATGE) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,019 shares of the company’s stock, valued at approximately $1,402,000.

Several other large investors have also bought and sold shares of ATGE. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Adtalem Global Education by 1.1% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,880 shares of the company’s stock valued at $1,196,000 after buying an additional 129 shares during the period. US Bancorp DE grew its position in Adtalem Global Education by 3.9% during the first quarter. US Bancorp DE now owns 3,414 shares of the company’s stock valued at $344,000 after buying an additional 129 shares during the period. Moran Wealth Management LLC grew its position in Adtalem Global Education by 2.6% during the second quarter. Moran Wealth Management LLC now owns 5,326 shares of the company’s stock valued at $678,000 after buying an additional 135 shares during the period. Xponance Inc. grew its position in Adtalem Global Education by 5.2% during 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 period. Finally, Vontobel Holding Ltd. grew its position in Adtalem Global Education by 6.4% during the first quarter. Vontobel Holding Ltd. now owns 2,559 shares of the company’s stock valued at $258,000 after buying an additional 155 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Adtalem Global Education Price Performance

ATGE stock opened at $152.97 on Friday. Adtalem Global Education Inc. has a one year low of $71.70 and a one year high of $156.26. The company’s fifty day moving average price is $141.68 and its 200-day moving average price is $127.04. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $5.56 billion, a PE ratio of 24.71, a price-to-earnings-growth ratio of 1.32 and a beta of 0.86.

Adtalem Global Education (NYSE:ATGE) last released its earnings results on Thursday, August 7th. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.51 by $0.15. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The firm had revenue of $457.11 million for the quarter, compared to the consensus estimate of $440.93 million. During the same quarter in the previous year, the firm earned $1.37 earnings per share. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. On average, equities analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Manjunath Gangadharan sold 944 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $135.67, for a total transaction of $128,072.48. Following the sale, the chief accounting officer owned 4,901 shares of the company’s stock, valued at $664,918.67. This represents a 16.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lisa W. Wardell sold 25,477 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the sale, the director directly owned 43,451 shares in the company, valued at approximately $5,752,043.38. The trade was a 36.96% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 57,713 shares of company stock worth $7,702,094. 2.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ATGE. Zacks Research lowered shares of Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Barrington Research lifted their price target on shares of Adtalem Global Education from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, October 15th. Wall Street Zen downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Adtalem Global Education in a report on Friday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Adtalem Global Education has a consensus rating of “Moderate Buy” and an average target price of $145.67.

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.