Russell Investments Group Ltd. Sells 20,563 Shares of Adtalem Global Education Inc. $ATGE

Russell Investments Group Ltd. decreased its position in Adtalem Global Education Inc. (NYSE:ATGE) by 27.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,988 shares of the company’s stock after selling 20,563 shares during the quarter. Russell Investments Group Ltd.’s holdings in Adtalem Global Education were worth $6,869,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of ATGE. Natixis Advisors LLC raised its position in Adtalem Global Education by 12.9% in the 1st quarter. Natixis Advisors LLC now owns 13,482 shares of the company’s stock valued at $1,357,000 after buying an additional 1,537 shares during the last quarter. US Bancorp DE raised its holdings in shares of Adtalem Global Education by 3.9% in the first quarter. US Bancorp DE now owns 3,414 shares of the company’s stock valued at $344,000 after purchasing an additional 129 shares during the last quarter. New Age Alpha Advisors LLC lifted its position in shares of Adtalem Global Education by 26.6% in the first quarter. New Age Alpha Advisors LLC now owns 2,483 shares of the company’s stock worth $250,000 after purchasing an additional 522 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Adtalem Global Education in the first quarter worth $254,000. Finally, Invesco Ltd. boosted its holdings in Adtalem Global Education by 13.3% during the first quarter. Invesco Ltd. now owns 442,945 shares of the company’s stock worth $44,578,000 after purchasing an additional 52,013 shares during the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Adtalem Global Education Price Performance

Shares of NYSE ATGE opened at $96.09 on Friday. 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 business’s 50 day moving average price is $121.96 and its two-hundred day moving average price is $125.15. The company has a market cap of $3.49 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 0.80 and a beta of 0.73. Adtalem Global Education Inc. has a twelve month low of $84.79 and a twelve month high of $156.26.

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

Wall Street Analyst Weigh In

ATGE has been the topic of several analyst reports. Wall Street Zen cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Zacks Research lowered Adtalem Global Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 19th. BMO Capital Markets reissued an “outperform” rating and set a $158.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Barrington Research reaffirmed an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Adtalem Global Education in a research note on Monday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $156.50.

Insiders Place Their Bets

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

Adtalem Global Education 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.