Nomura Holdings Inc. Has $3.52 Million Holdings in Adtalem Global Education Inc. $ATGE

Nomura Holdings Inc. cut its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 87.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,652 shares of the company’s stock after selling 196,863 shares during the period. Nomura Holdings Inc. owned approximately 0.08% of Adtalem Global Education worth $3,518,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Sachetta LLC bought a new stake in shares of Adtalem Global Education in the second quarter valued at about $25,000. Penserra Capital Management LLC acquired a new position in Adtalem Global Education in the 2nd quarter valued at approximately $28,000. Allworth Financial LP raised its holdings in Adtalem Global Education by 82.9% in the 2nd quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after acquiring an additional 155 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Adtalem Global Education by 727.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $45,000 after acquiring an additional 313 shares during the period. Finally, Nkcfo LLC acquired a new stake in shares of Adtalem Global Education during the 2nd quarter worth approximately $91,000. Institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Trading Up 5.3%

Shares of ATGE stock opened at $97.84 on Tuesday. Adtalem Global Education Inc. has a 12-month low of $84.79 and a 12-month high of $156.26. The company has a market capitalization of $3.55 billion, a P/E ratio of 14.65, a P/E/G ratio of 0.79 and a beta of 0.73. The firm has a 50-day moving average price of $113.95 and a 200 day moving average price of $123.27. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.38.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.18. Adtalem Global Education had a net margin of 13.79% and a return on equity of 18.74%. The firm had revenue of $462.29 million for the quarter, compared to analysts’ expectations of $452.30 million. During the same period in the prior year, the firm earned $1.29 earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Research analysts forecast that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ATGE has been the subject of a number of recent research reports. Robert W. Baird set a $163.00 target price on Adtalem Global Education in a research note on Friday, October 31st. Zacks Research lowered shares of Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. BMO Capital Markets reaffirmed an “outperform” rating and set a $158.00 price objective on shares of Adtalem Global Education in a report on Friday, October 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Adtalem Global Education in a research note on Monday, December 1st. Finally, Wall Street Zen lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $156.50.

Insiders Place Their Bets

In other Adtalem Global Education news, Director Kenneth J. Phelan bought 508 shares of the stock in a transaction dated Wednesday, November 5th. The stock was bought at an average cost of $98.29 per share, for a total transaction of $49,931.32. Following the completion of the purchase, the director owned 18,783 shares in the company, valued at $1,846,181.07. This represents a 2.78% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael W. Malafronte acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were bought at an average cost of $91.85 per share, for a total transaction of $91,850.00. Following the acquisition, the director owned 100,445 shares in the company, valued at approximately $9,225,873.25. The trade was a 1.01% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 2.50% of the company’s stock.

About Adtalem Global Education

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.