Bailard Inc. Has $543,000 Position in Adtalem Global Education Inc. $ATGE

Bailard Inc. lessened its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 15.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,271 shares of the company’s stock after selling 800 shares during the period. Bailard Inc.’s holdings in Adtalem Global Education were worth $543,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in Adtalem Global Education by 377.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 12,294 shares of the company’s stock worth $1,237,000 after acquiring an additional 9,717 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Adtalem Global Education by 17.0% during the first quarter. Cerity Partners LLC now owns 7,004 shares of the company’s stock worth $705,000 after purchasing an additional 1,019 shares in the last quarter. Xponance Inc. grew its stake in shares of Adtalem Global Education by 5.2% during the first quarter. Xponance Inc. now owns 3,040 shares of the company’s stock valued at $306,000 after purchasing an additional 151 shares during the last quarter. CWM LLC increased its holdings in shares of Adtalem Global Education by 167.2% in the first quarter. CWM LLC now owns 1,999 shares of the company’s stock valued at $201,000 after purchasing an additional 1,251 shares in the last quarter. Finally, Sigma Planning Corp raised its position in Adtalem Global Education by 19.1% in the 1st quarter. Sigma Planning Corp now owns 7,148 shares of the company’s stock worth $719,000 after purchasing an additional 1,148 shares during the last quarter. 98.84% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Michael W. Malafronte acquired 1,000 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 100,445 shares in the company, valued at approximately $9,225,873.25. This represents a 1.01% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kenneth J. Phelan bought 508 shares of Adtalem Global Education stock in a transaction on Wednesday, November 5th. The shares were acquired at an average price of $98.29 per share, for a total transaction of $49,931.32. Following the completion of the acquisition, the director owned 18,783 shares of the company’s stock, valued at approximately $1,846,181.07. This represents a 2.78% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 57,713 shares of company stock worth $7,702,094 over the last three months. Company insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Barrington Research reaffirmed 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 reaffirmed an “outperform” rating and set a $158.00 price target on shares of Adtalem Global Education in a research note on Friday, October 31st. Wall Street Zen cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Zacks Research cut Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. Finally, Robert W. Baird set a $163.00 target price on shares of Adtalem Global Education in a research note on Friday, October 31st. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Adtalem Global Education currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.50.

Adtalem Global Education Trading Up 0.2%

NYSE:ATGE opened at $96.43 on Friday. 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 Inc. has a 1-year low of $83.70 and a 1-year high of $156.26. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 1.22 and a beta of 0.82. The business’s 50-day moving average price is $134.77 and its two-hundred day moving average price is $127.76.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.18. The company had revenue of $462.29 million during the quarter, compared to analysts’ expectations of $452.30 million. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.Adtalem Global Education’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.29 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. On average, equities analysts expect that Adtalem Global Education Inc. will post 6.2 earnings per share 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.