Adtalem Global Education Inc. $ATGE Shares Sold by Amundi

Amundi reduced its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 18.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,357 shares of the company’s stock after selling 3,549 shares during the period. Amundi’s holdings in Adtalem Global Education were worth $1,550,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Baird Financial Group Inc. acquired a new position in Adtalem Global Education in the 4th quarter valued at $201,000. Deutsche Bank AG lifted its holdings in Adtalem Global Education by 19.7% in the 4th quarter. Deutsche Bank AG now owns 67,054 shares of the company’s stock worth $6,092,000 after buying an additional 11,054 shares in the last quarter. Focus Partners Wealth acquired a new position in Adtalem Global Education in the 4th quarter worth $492,000. Gotham Asset Management LLC lifted its holdings in Adtalem Global Education by 15.5% in the 4th quarter. Gotham Asset Management LLC now owns 15,646 shares of the company’s stock worth $1,421,000 after buying an additional 2,094 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in Adtalem Global Education by 100.2% in the 4th quarter. Lazard Asset Management LLC now owns 47,201 shares of the company’s stock worth $4,287,000 after buying an additional 23,626 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CAO Manjunath Gangadharan sold 944 shares of the firm’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 transaction, the chief accounting officer owned 4,901 shares in the company, valued at approximately $664,918.67. This trade represents a 16.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lisa W. Wardell sold 25,477 shares of Adtalem Global Education stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the completion of the transaction, the director owned 43,451 shares in the company, valued at $5,752,043.38. This trade represents a 36.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 57,713 shares of company stock valued at $7,702,094 in the last ninety days. Company insiders own 2.00% of the company’s stock.

Adtalem Global Education Price Performance

NYSE ATGE opened at $137.33 on Friday. Adtalem Global Education Inc. has a 12 month low of $71.09 and a 12 month high of $140.12. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $4.94 billion, a PE ratio of 22.19, a P/E/G ratio of 1.20 and a beta of 0.94. The company’s 50 day simple moving average is $124.53 and its 200 day simple moving average is $117.07.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.15. The business had revenue of $457.11 million for the quarter, compared to analyst estimates of $440.93 million. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the business earned $1.37 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. As a group, equities research analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on ATGE shares. Barrington Research boosted their price objective on shares of Adtalem Global Education from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Zacks Research cut shares of Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Adtalem Global Education currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.00.

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.