Inceptionr LLC Invests $356,000 in Adtalem Global Education Inc. $ATGE

Inceptionr LLC purchased a new stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,796 shares of the company’s stock, valued at approximately $356,000.

Several other hedge funds have also recently modified their holdings of ATGE. Sachetta LLC bought a new position in Adtalem Global Education during the second quarter valued at approximately $25,000. Penserra Capital Management LLC purchased a new position in Adtalem Global Education during the second quarter valued at $28,000. Allworth Financial LP raised its stake in Adtalem Global Education by 82.9% during the second quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after purchasing an additional 155 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in Adtalem Global Education by 727.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after buying an additional 313 shares during the period. Finally, Harbour Investments Inc. purchased a new position in shares of Adtalem Global Education during the second quarter valued at approximately $117,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

ATGE has been the subject of a number of analyst reports. Robert W. Baird set a $163.00 target price on Adtalem Global Education in a report on Friday, October 31st. Zacks Research downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Wall Street Zen downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Adtalem Global Education in a report on Wednesday, November 19th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $158.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Four 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.com, the company has an average rating of “Moderate Buy” and an average target price of $156.50.

Insider Buying and Selling

In other news, Director Kenneth J. Phelan bought 508 shares of Adtalem Global Education stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average cost of $98.29 per share, with a total value of $49,931.32. Following the completion of the transaction, the director directly owned 18,783 shares in the company, valued at $1,846,181.07. This trade represents a 2.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael W. Malafronte acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were bought at an average cost of $91.85 per share, for a total transaction of $91,850.00. Following the completion of the acquisition, the director directly owned 100,445 shares of the company’s stock, valued at approximately $9,225,873.25. This represents a 1.01% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.50% of the stock is owned by corporate insiders.

Adtalem Global Education Stock Up 0.1%

NYSE:ATGE opened at $92.56 on Friday. Adtalem Global Education Inc. has a 52 week low of $84.79 and a 52 week high of $156.26. The firm has a market capitalization of $3.36 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 1.22 and a beta of 0.81. The stock has a 50 day moving average of $125.99 and a 200-day moving average of $126.15. 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 released its earnings results on Thursday, October 30th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.57 by $0.18. The firm had revenue of $462.29 million for the quarter, compared to analysts’ expectations of $452.30 million. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. Adtalem Global Education’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the company earned $1.29 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

About Adtalem Global Education

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.