Redhawk Wealth Advisors Inc. Buys Shares of 13,818 Adtalem Global Education Inc. $ATGE

by · The Markets Daily

Redhawk Wealth Advisors Inc. purchased a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,818 shares of the company’s stock, valued at approximately $2,134,000.

A number of other hedge funds also recently modified their holdings of the stock. Assenagon Asset Management S.A. grew its holdings in Adtalem Global Education by 15.7% during the third quarter. Assenagon Asset Management S.A. now owns 164,435 shares of the company’s stock valued at $25,397,000 after purchasing an additional 22,324 shares during the period. Corient Private Wealth LLC lifted its position in shares of Adtalem Global Education by 1.0% during the 2nd quarter. Corient Private Wealth LLC now owns 97,140 shares of the company’s stock valued at $12,359,000 after buying an additional 990 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Adtalem Global Education by 66.3% during the 2nd quarter. Osaic Holdings Inc. now owns 25,986 shares of the company’s stock worth $3,306,000 after acquiring an additional 10,357 shares during the period. Public Sector Pension Investment Board increased its holdings in Adtalem Global Education by 2.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 140,430 shares of the company’s stock worth $17,867,000 after acquiring an additional 2,789 shares during the last quarter. Finally, FORA Capital LLC purchased a new stake in Adtalem Global Education during the second quarter valued at about $550,000. Institutional investors own 98.84% of the company’s stock.

Insider Transactions at Adtalem Global Education

In other Adtalem Global Education news, Director Michael W. Malafronte purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was purchased at an average price of $91.85 per share, for a total transaction 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 SEC, which is available through the SEC website. Also, Director Kenneth J. Phelan acquired 508 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The stock was bought at an average price of $98.29 per share, for a total transaction of $49,931.32. Following the completion of the transaction, the director owned 18,783 shares of the company’s stock, valued at $1,846,181.07. The trade was a 2.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 2.50% of the company’s stock.

Adtalem Global Education Stock Down 0.6%

Shares of NYSE:ATGE opened at $99.44 on Friday. The firm has a fifty day moving average price of $111.26 and a two-hundred day moving average price of $122.72. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 0.85 and a beta of 0.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.98 and a quick ratio of 0.98. Adtalem Global Education Inc. has a one year low of $86.11 and a one year high of $156.26.

Adtalem Global Education (NYSE:ATGE – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.18. The company had revenue of $462.29 million for the quarter, compared to the consensus estimate of $452.30 million. Adtalem Global Education had a return on equity of 18.74% and a net margin of 13.79%.The firm’s revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis on Adtalem Global Education

About Adtalem Global Education

(Free Report)

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.

See Also

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