Adtalem Global Education Inc (ATGE) SVP Donna Jennings Sells 4,582 Shares

Adtalem Global Education Inc (NYSE:ATGE) SVP Donna Jennings sold 4,582 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $45.00, for a total value of $206,190.00. Following the completion of the sale, the senior vice president now directly owns 16,794 shares in the company, valued at approximately $755,730. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Shares of Adtalem Global Education Inc (NYSE ATGE) traded down $0.40 during trading on Friday, hitting $44.85. The stock had a trading volume of 841,300 shares, compared to its average volume of 626,328. The stock has a market cap of $2,745.09, a PE ratio of 17.20, a price-to-earnings-growth ratio of 1.93 and a beta of 0.99. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.08. Adtalem Global Education Inc has a 12-month low of $30.10 and a 12-month high of $45.47.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.16). The company had revenue of $421.03 million during the quarter, compared to analysts’ expectations of $428.00 million. Adtalem Global Education had a return on equity of 10.24% and a net margin of 6.17%. Adtalem Global Education’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.45 EPS. equities analysts expect that Adtalem Global Education Inc will post 2.84 EPS for the current year.

Institutional investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its holdings in Adtalem Global Education by 5.5% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 337,199 shares of the company’s stock valued at $12,089,000 after acquiring an additional 17,608 shares during the period. Wells Fargo & Company MN boosted its holdings in Adtalem Global Education by 11.8% during the 3rd quarter. Wells Fargo & Company MN now owns 2,347,206 shares of the company’s stock valued at $84,147,000 after acquiring an additional 248,335 shares during the period. Schroder Investment Management Group boosted its holdings in Adtalem Global Education by 12.0% during the 3rd quarter. Schroder Investment Management Group now owns 323,289 shares of the company’s stock valued at $11,428,000 after acquiring an additional 34,696 shares during the period. Legal & General Group Plc boosted its holdings in Adtalem Global Education by 12.0% during the 3rd quarter. Legal & General Group Plc now owns 89,525 shares of the company’s stock valued at $3,202,000 after acquiring an additional 9,586 shares during the period. Finally, American International Group Inc. boosted its holdings in Adtalem Global Education by 7.6% during the 3rd quarter. American International Group Inc. now owns 198,696 shares of the company’s stock valued at $7,123,000 after acquiring an additional 14,054 shares during the period.

A number of brokerages have recently commented on ATGE. BidaskClub upgraded Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. BMO Capital Markets lifted their target price on Adtalem Global Education from $35.00 to $38.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. Zacks Investment Research cut Adtalem Global Education from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Piper Jaffray Companies reiterated a “buy” rating and issued a $59.00 target price on shares of Adtalem Global Education in a report on Monday, December 4th. Finally, ValuEngine cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $48.50.

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About Adtalem Global Education

Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.

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