12,989 Shares in Adtalem Global Education Inc. $ATGE Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in Adtalem Global Education Inc. (NYSE:ATGE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 12,989 shares of the company’s stock, valued at approximately $1,653,000.

Other institutional investors also recently modified their holdings of the company. Sachetta LLC acquired a new position in shares of Adtalem Global Education during the second quarter worth approximately $25,000. Penserra Capital Management LLC bought a new position in Adtalem Global Education in the 2nd quarter worth approximately $28,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in Adtalem Global Education by 10,488.9% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 953 shares of the company’s stock worth $96,000 after buying an additional 944 shares in the last quarter. Harbour Investments Inc. bought a new position in Adtalem Global Education in the 2nd quarter valued at $117,000. Finally, Public Employees Retirement System of Ohio boosted its position in Adtalem Global Education by 100.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,471 shares of the company’s stock valued at $187,000 after buying an additional 737 shares during the last quarter. 98.84% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Michael W. Malafronte acquired 1,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was acquired at an average price of $91.85 per share, for a total transaction of $91,850.00. Following the transaction, the director directly owned 100,445 shares in the company, valued at approximately $9,225,873.25. This represents a 1.01% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Lisa W. Wardell sold 25,477 shares of the firm’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total value of $3,372,645.26. Following the sale, the director directly owned 43,451 shares in the company, valued at $5,752,043.38. The trade was a 36.96% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 57,713 shares of company stock valued at $7,702,094. 2.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ATGE shares. Zacks Research lowered Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. BMO Capital Markets reissued an “outperform” rating and set a $158.00 price objective on shares of Adtalem Global Education in a report on Friday, October 31st. Robert W. Baird set a $163.00 target price on shares of Adtalem Global Education in a research report on Friday, October 31st. Wall Street Zen lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Finally, Barrington Research reiterated an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $156.50.

Adtalem Global Education Price Performance

Shares of ATGE opened at $94.98 on Friday. The stock has a market cap of $3.45 billion, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 1.22 and a beta of 0.81. Adtalem Global Education Inc. has a 1 year low of $83.70 and a 1 year high of $156.26. The stock’s 50-day moving average price is $138.48 and its two-hundred day moving average price is $128.06. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.18. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The business had revenue of $462.29 million for the quarter, compared to the consensus estimate of $452.30 million. During the same period last year, the company posted $1.29 EPS. Adtalem Global Education’s revenue for the quarter 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. On average, equities analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Adtalem Global Education Company Profile

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.