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

Trek Financial LLC reduced its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 88.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,020 shares of the company’s stock after selling 31,448 shares during the quarter. Trek Financial LLC’s holdings in Adtalem Global Education were worth $621,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ATGE. NorthCrest Asset Manangement LLC increased its holdings in Adtalem Global Education by 41.1% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 5,837 shares of the company’s stock valued at $844,000 after purchasing an additional 1,699 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Adtalem Global Education by 96.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 428,966 shares of the company’s stock valued at $66,254,000 after buying an additional 210,709 shares in the last quarter. CFC Planning Co LLC acquired a new stake in shares of Adtalem Global Education in the third quarter valued at $263,000. Evergreen Capital Management LLC raised its holdings in shares of Adtalem Global Education by 13.0% in the 3rd quarter. Evergreen Capital Management LLC now owns 3,398 shares of the company’s stock valued at $525,000 after buying an additional 391 shares during the period. Finally, MorganRosel Wealth Management LLC lifted its stake in Adtalem Global Education by 0.9% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 9,298 shares of the company’s stock worth $1,436,000 after acquiring an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Stock Down 0.5%

Shares of NYSE:ATGE opened at $121.01 on Monday. Adtalem Global Education Inc. has a fifty-two week low of $86.26 and a fifty-two week high of $156.26. The firm’s 50 day moving average price is $102.84 and its 200 day moving average price is $120.17. 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 stock has a market cap of $4.40 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.03 and a beta of 0.68.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $452.30 million. During the same period in the prior year, the firm posted $1.29 EPS. 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. As a group, equities research analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Adtalem Global Education

In other Adtalem Global Education news, Director Michael W. Malafronte acquired 1,000 shares of the stock in a transaction dated Tuesday, November 4th. The stock was acquired at an average cost of $91.85 per share, with a total value of $91,850.00. Following the transaction, the director owned 100,445 shares in the company, valued at $9,225,873.25. The trade was a 1.01% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kenneth J. Phelan bought 508 shares of the business’s stock in a transaction dated Wednesday, November 5th. The shares were acquired at an average cost of $98.29 per share, for a total transaction of $49,931.32. Following the transaction, the director directly owned 18,783 shares in the company, valued at approximately $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. Corporate insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

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