Strs Ohio Acquires Shares of 11,600 Adtalem Global Education Inc. $ATGE

Strs Ohio bought a new stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,600 shares of the company’s stock, valued at approximately $1,167,000.

A number of other institutional investors have also recently modified their holdings of ATGE. Focus Partners Wealth bought a new position in Adtalem Global Education in the fourth quarter valued at about $492,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Adtalem Global Education by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,339 shares of the company’s stock valued at $1,939,000 after purchasing an additional 806 shares during the last quarter. Quantinno Capital Management LP raised its position in Adtalem Global Education by 5.4% in the fourth quarter. Quantinno Capital Management LP now owns 3,224 shares of the company’s stock valued at $293,000 after purchasing an additional 165 shares during the last quarter. ProShare Advisors LLC raised its position in Adtalem Global Education by 44.4% in the fourth quarter. ProShare Advisors LLC now owns 11,298 shares of the company’s stock valued at $1,026,000 after purchasing an additional 3,473 shares during the last quarter. Finally, Tidal Investments LLC raised its position in Adtalem Global Education by 51.7% in the fourth quarter. Tidal Investments LLC now owns 4,041 shares of the company’s stock valued at $367,000 after purchasing an additional 1,377 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors.

Adtalem Global Education Stock Up 0.3%

Shares of NYSE:ATGE opened at $136.06 on Thursday. Adtalem Global Education Inc. has a 1 year low of $71.09 and a 1 year high of $140.12. The company has a market cap of $4.89 billion, a PE ratio of 21.98, a P/E/G ratio of 1.17 and a beta of 0.94. 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 stock’s 50-day moving average is $125.44 and its 200 day moving average is $117.78.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.15. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.The company 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 business earned $1.37 EPS. Adtalem Global Education’s 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. Sell-side analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Analysts Set New Price Targets

ATGE has been the subject of several recent research reports. Zacks Research cut Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Barrington Research increased their price target on Adtalem Global Education from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Three 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $139.00.

Insider Buying and Selling

In other Adtalem Global Education news, Director Lisa W. Wardell sold 25,477 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 43,451 shares in the company, valued at approximately $5,752,043.38. This represents a 36.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Manjunath Gangadharan sold 944 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $135.67, for a total value of $128,072.48. Following the transaction, the chief accounting officer owned 4,901 shares in the company, valued at $664,918.67. This trade represents a 16.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 57,713 shares of company stock worth $7,702,094 in the last quarter. Company insiders own 2.00% of the company’s stock.

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.