1,850 Shares in Adtalem Global Education Inc. $ATGE Acquired by EMC Capital Management

EMC Capital Management acquired a new stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 1,850 shares of the company’s stock, valued at approximately $235,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sachetta LLC purchased a new stake in Adtalem Global Education in the 2nd quarter worth $25,000. Penserra Capital Management LLC purchased a new stake in shares of Adtalem Global Education in the second quarter worth about $28,000. Allworth Financial LP boosted its stake in Adtalem Global Education by 82.9% during the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after buying an additional 155 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in Adtalem Global Education by 727.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after buying an additional 313 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ increased its stake in Adtalem Global Education by 10,488.9% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 953 shares of the company’s stock worth $96,000 after acquiring an additional 944 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Insiders Place Their Bets

In other Adtalem Global Education news, Director Kenneth J. Phelan acquired 508 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was bought at an average price of $98.29 per share, for a total transaction of $49,931.32. Following the acquisition, the director directly owned 18,783 shares in the company, valued at $1,846,181.07. The trade was a 2.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael W. Malafronte bought 1,000 shares of Adtalem Global Education stock in a transaction on Tuesday, November 4th. The stock was acquired at an average price of $91.85 per share, for a total transaction of $91,850.00. Following the purchase, the director owned 100,445 shares of the company’s stock, valued at approximately $9,225,873.25. This trade represents a 1.01% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 57,713 shares of company stock valued at $7,702,094 over the last quarter. 2.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Robert W. Baird set a $163.00 target price on shares of Adtalem Global Education in a report on Friday, October 31st. Barrington Research reissued an “outperform” rating and issued a $170.00 price objective on shares of Adtalem Global Education in a research note on Friday, October 31st. BMO Capital Markets restated an “outperform” rating and issued a $158.00 target price on shares of Adtalem Global Education in a report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Adtalem Global Education in a report on Thursday, November 13th. Finally, Zacks Research lowered Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $156.50.

Adtalem Global Education Price Performance

Adtalem Global Education stock opened at $95.64 on Wednesday. Adtalem Global Education Inc. has a 12-month low of $84.79 and a 12-month high of $156.26. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $133.12 and a 200-day moving average price of $127.83. The firm has a market capitalization of $3.47 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings results on Thursday, October 30th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.57 by $0.18. The company had revenue of $462.29 million for the quarter, compared to the consensus estimate of $452.30 million. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.29 EPS. 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.

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.