Adtalem Global Education Inc. $ATGE Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lessened its position in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 16.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,129 shares of the company’s stock after selling 430 shares during the quarter. Vontobel Holding Ltd.’s holdings in Adtalem Global Education were worth $271,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sachetta LLC acquired a new stake in Adtalem Global Education during the second quarter worth $25,000. Fifth Third Bancorp grew its holdings in shares of Adtalem Global Education by 56.8% during the 1st quarter. Fifth Third Bancorp now owns 287 shares of the company’s stock worth $29,000 after purchasing an additional 104 shares during the period. Skandinaviska Enskilda Banken AB publ grew its holdings in shares of Adtalem Global Education by 10,488.9% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 953 shares of the company’s stock worth $96,000 after purchasing an additional 944 shares during the period. GAMMA Investing LLC grew its holdings in shares of Adtalem Global Education by 17.5% during the 1st quarter. GAMMA Investing LLC now owns 1,720 shares of the company’s stock worth $173,000 after purchasing an additional 256 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its position in Adtalem Global Education by 100.4% in the second quarter. Public Employees Retirement System of Ohio now owns 1,471 shares of the company’s stock valued at $187,000 after buying an additional 737 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Price Performance

Shares of ATGE opened at $148.80 on Thursday. Adtalem Global Education Inc. has a twelve month low of $71.09 and a twelve month high of $155.39. The firm’s fifty day simple moving average is $137.92 and its 200-day simple moving average is $124.58. The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 24.04, a PEG ratio of 1.29 and a beta of 0.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39.

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

Insider Activity at Adtalem Global Education

In related news, Director Lisa W. Wardell sold 25,477 shares of the business’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 completion of the sale, the director owned 43,451 shares in the company, valued at $5,752,043.38. The trade was a 36.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Manjunath Gangadharan sold 944 shares of the business’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 sale, the chief accounting officer owned 4,901 shares of the company’s stock, valued at approximately $664,918.67. The trade was a 16.15% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 57,713 shares of company stock valued at $7,702,094. 2.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ATGE. Zacks Research downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Weiss Ratings reiterated a “buy (b)” rating on shares of Adtalem Global Education in a report on Wednesday, October 8th. Barrington Research raised their price target on Adtalem Global Education from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Wall Street Zen lowered Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $145.67.

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.