Calamos Advisors LLC Has $2.21 Million Stock Position in Adtalem Global Education Inc. $ATGE

Calamos Advisors LLC lessened its holdings in Adtalem Global Education Inc. (NYSE:ATGE) by 42.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,365 shares of the company’s stock after selling 12,858 shares during the quarter. Calamos Advisors LLC’s holdings in Adtalem Global Education were worth $2,209,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its position in shares of Adtalem Global Education by 124.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock worth $70,350,000 after buying an additional 387,330 shares during the period. Northern Trust Corp grew its stake in Adtalem Global Education by 8.0% in the first quarter. Northern Trust Corp now owns 511,966 shares of the company’s stock valued at $51,524,000 after purchasing an additional 37,742 shares in the last quarter. Invesco Ltd. increased its stake in shares of Adtalem Global Education by 13.3% during the 1st quarter. Invesco Ltd. now owns 442,945 shares of the company’s stock worth $44,578,000 after purchasing an additional 52,013 shares during the last quarter. Boston Partners boosted its position in Adtalem Global Education by 11.3% during the first quarter. Boston Partners now owns 435,060 shares of the company’s stock worth $43,876,000 after purchasing an additional 44,110 shares during the period. Finally, Allianz Asset Management GmbH increased its stake in shares of Adtalem Global Education by 58.2% during the first quarter. Allianz Asset Management GmbH now owns 409,437 shares of the company’s stock worth $41,206,000 after purchasing an additional 150,702 shares during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Adtalem Global Education news, Director Michael W. Malafronte purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was bought at an average price of $91.85 per share, with a total value of $91,850.00. Following the completion of the purchase, the director directly owned 100,445 shares of the company’s stock, valued at $9,225,873.25. The trade was a 1.01% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Manjunath Gangadharan sold 944 shares of Adtalem Global Education stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $135.67, for a total value of $128,072.48. Following the sale, the chief accounting officer directly owned 4,901 shares in the company, valued at approximately $664,918.67. The trade was a 16.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 57,713 shares of company stock worth $7,702,094 in the last ninety days. Corporate insiders own 2.50% of the company’s stock.

Adtalem Global Education Price Performance

Adtalem Global Education stock opened at $96.35 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.82 and a quick ratio of 0.82. Adtalem Global Education Inc. has a one year low of $83.70 and a one year high of $156.26. The firm has a market capitalization of $3.50 billion, a P/E ratio of 15.57, a PEG ratio of 1.22 and a beta of 0.82. The business has a fifty day moving average price of $135.53 and a 200-day moving average price of $127.83.

Adtalem Global Education (NYSE:ATGE) last issued its earnings results on Thursday, October 30th. The company reported $1.75 EPS 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 quarter last year, the company earned $1.29 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. As a group, equities research analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Wall Street Analysts Forecast Growth

ATGE has been the topic of a number of analyst reports. Robert W. Baird set a $163.00 price objective on shares of Adtalem Global Education in a research note on Friday, October 31st. Wall Street Zen lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Barrington Research reiterated an “outperform” rating and set a $170.00 price objective on shares of Adtalem Global Education in a report on Friday, October 31st. BMO Capital Markets reissued an “outperform” rating and set a $158.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Finally, Zacks Research cut Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Adtalem Global Education has an average rating of “Moderate Buy” and an average price target of $156.50.

Adtalem Global Education 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.