Adtalem Global Education (ATGE) Insider Sells $195,900.00 in Stock

Adtalem Global Education (NYSE:ATGE) insider Donna Jennings sold 3,918 shares of Adtalem Global Education stock in a transaction on Monday, April 16th. The stock was sold at an average price of $50.00, for a total transaction of $195,900.00. Following the sale, the insider now directly owns 12,815 shares in the company, valued at approximately $640,750. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

ATGE stock traded down $0.33 during mid-day trading on Tuesday, hitting $49.57. 248,623 shares of the company were exchanged, compared to its average volume of 539,587. The firm has a market cap of $2,983.71, a P/E ratio of 17.76, a P/E/G ratio of 1.93 and a beta of 0.91. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.58. Adtalem Global Education has a twelve month low of $30.15 and a twelve month high of $50.15.

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Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.01. The company had revenue of $337.24 million during the quarter, compared to analyst estimates of $435.56 million. Adtalem Global Education had a net margin of 0.86% and a return on equity of 9.92%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the business earned $0.64 EPS. sell-side analysts expect that Adtalem Global Education will post 2.78 EPS for the current year.



A number of hedge funds have recently made changes to their positions in the business. Suntrust Banks Inc. acquired a new position in shares of Adtalem Global Education in the 4th quarter valued at about $207,000. BlueCrest Capital Management Ltd acquired a new position in shares of Adtalem Global Education in the 4th quarter valued at about $209,000. Xact Kapitalforvaltning AB acquired a new position in shares of Adtalem Global Education in the 4th quarter valued at about $239,000. Hanseatic Management Services Inc. boosted its holdings in shares of Adtalem Global Education by 18.0% in the 4th quarter. Hanseatic Management Services Inc. now owns 7,521 shares of the company’s stock valued at $316,000 after buying an additional 1,146 shares during the period. Finally, ING Groep NV boosted its holdings in shares of Adtalem Global Education by 20.4% in the 4th quarter. ING Groep NV now owns 9,154 shares of the company’s stock valued at $385,000 after buying an additional 1,551 shares during the period.

Several brokerages have weighed in on ATGE. ValuEngine raised shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 1st. Zacks Investment Research raised shares of Adtalem Global Education from a “sell” rating to a “hold” rating in a report on Friday, February 9th. Robert W. Baird raised their price objective on shares of Adtalem Global Education from $46.00 to $47.00 and gave the stock a “neutral” rating in a report on Wednesday, February 7th. Finally, BMO Capital Markets decreased their price objective on shares of Adtalem Global Education from $49.00 to $45.00 and set a “market perform” rating for the company in a report on Wednesday, February 7th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $50.33.

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Adtalem Global Education Company Profile

Adtalem Global Education Inc provides educational services worldwide. It operates through four segments: Medical and Healthcare, Professional Education, Technology and Business, and U.S. Traditional Postsecondary. The Medical and Healthcare segment operates Chamberlain University, which provides pre and post-licensure bachelor's, master's, and doctorate degree programs in nursing through campus and online; American University of the Caribbean School of Medicine and Ross University School of Medicine, which provide medical education; and Ross University School of Veterinary Medicine that offers veterinary education.

Insider Buying and Selling by Quarter for Adtalem Global Education (NYSE:ATGE)

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