Calamos Advisors LLC Lowers Position in Adtalem Global Education Inc. $ATGE

Calamos Advisors LLC trimmed its position in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 53.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,030 shares of the company’s stock after selling 9,335 shares during the quarter. Calamos Advisors LLC’s holdings in Adtalem Global Education were worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. lifted its position in shares of Adtalem Global Education by 116.4% during the first quarter. Raymond James Financial Inc. now owns 56,413 shares of the company’s stock valued at $5,677,000 after purchasing an additional 30,350 shares in the last quarter. Ieq Capital LLC purchased a new stake in Adtalem Global Education in the 1st quarter valued at about $522,000. Evergreen Capital Management LLC lifted its position in shares of Adtalem Global Education by 7.0% during the 1st quarter. Evergreen Capital Management LLC now owns 2,760 shares of the company’s stock worth $278,000 after buying an additional 181 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of Adtalem Global Education by 29.0% during the 1st quarter. Baird Financial Group Inc. now owns 2,847 shares of the company’s stock worth $287,000 after buying an additional 640 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Adtalem Global Education by 30.5% in the 1st quarter. Royal Bank of Canada now owns 11,589 shares of the company’s stock worth $1,166,000 after buying an additional 2,706 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ATGE. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Adtalem Global Education in a research report on Monday. BMO Capital Markets restated an “outperform” rating and issued a $158.00 price objective on shares of Adtalem Global Education in a research note on Friday, October 31st. Barrington Research reiterated an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a research note on Friday, October 31st. Wall Street Zen downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Finally, Robert W. Baird set a $163.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Adtalem Global Education currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.50.

Insider Buying and Selling at Adtalem Global Education

In related news, Director Michael W. Malafronte acquired 1,000 shares of the firm’s stock in a transaction that occurred 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 purchase, the director owned 100,445 shares in the company, valued at $9,225,873.25. This trade represents a 1.01% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kenneth J. Phelan acquired 508 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were bought at an average cost of $98.29 per share, for a total transaction of $49,931.32. Following the acquisition, the director directly owned 18,783 shares in the company, valued at $1,846,181.07. This represents a 2.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.50% of the stock is currently owned by insiders.

Adtalem Global Education Price Performance

ATGE opened at $103.49 on Friday. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 0.88 and a beta of 0.68. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $102.01 and a 200-day moving average price of $121.22. Adtalem Global Education Inc. has a twelve month low of $86.26 and a twelve month high of $156.26.

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 for the quarter, compared to analysts’ expectations of $452.30 million. Adtalem Global Education had a net margin of 13.79% and a return on equity of 18.74%. Adtalem Global Education’s revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.29 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Equities analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Adtalem Global Education Company Profile

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.