Adtalem Global Education Inc. $ATGE Shares Sold by Trek Financial LLC

Trek Financial LLC lessened its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 88.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,020 shares of the company’s stock after selling 31,448 shares during the period. Trek Financial LLC’s holdings in Adtalem Global Education were worth $621,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Adtalem Global Education by 30.5% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Adtalem Global Education by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,313 shares of the company’s stock worth $2,246,000 after acquiring an additional 974 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Adtalem Global Education by 124.3% during the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock worth $70,350,000 after purchasing an additional 387,330 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in Adtalem Global Education in the 1st quarter valued at $232,000. Finally, United Services Automobile Association purchased a new position in Adtalem Global Education in the 1st quarter valued at $248,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Adtalem Global Education Trading Down 0.5%

Shares of ATGE opened at $121.01 on Monday. Adtalem Global Education Inc. has a 12-month low of $86.26 and a 12-month high of $156.26. The firm has a market capitalization of $4.40 billion, a P/E ratio of 18.12, a P/E/G ratio of 1.03 and a beta of 0.68. The firm has a 50-day moving average price of $102.84 and a 200 day moving average price of $120.17. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.38.

Adtalem Global Education (NYSE:ATGE) last posted its earnings results on Thursday, October 30th. The company reported $1.75 earnings per share for the quarter, beating 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 company had revenue of $462.29 million for the quarter, compared to analyst estimates of $452.30 million. During the same period in the previous year, the business posted $1.29 EPS. Adtalem Global Education’s revenue was up 10.8% on a year-over-year basis. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Sell-side analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ATGE. Barrington Research reaffirmed an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a report on Friday, October 31st. Weiss Ratings lowered shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $158.00 price objective on shares of Adtalem Global Education in a report on Friday, October 31st. Finally, Robert W. Baird set a $163.00 target price on shares of Adtalem Global Education in a research note on Friday, October 31st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $156.50.

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.