Adtalem Global Education (NYSE:ATGE) Sets New 1-Year High - Time to Buy?

Key Points

• Adtalem Global Education's stock reached a new **52-week high** of $156.26, closing at $154.71 with a trading volume of 14,181 shares.
• Analysts have mixed views, with Wall Street Zen downgrading the stock to a **"buy" rating** while Barrington Research increased its price target from $150.00 to **$170.00**.
• Insider selling activity was noted, with Director Lisa W. Wardell selling **25,477 shares** at an average price of $132.38, resulting in a significant decrease in her ownership percentage.

Shares of Adtalem Global Education Inc. (NYSE:ATGE - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $156.26 and last traded at $154.71, with a volume of 14181 shares changing hands. The stock had previously closed at $153.04.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ATGE. Wall Street Zen downgraded Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 20th. Zacks Research cut shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Weiss Ratings reiterated a "buy (b)" rating on shares of Adtalem Global Education in a report on Wednesday, October 8th. Finally, Barrington Research increased their price objective on shares of Adtalem Global Education from $150.00 to $170.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 15th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Adtalem Global Education presently has a consensus rating of "Moderate Buy" and an average price target of $145.67.

Adtalem Global Education Stock Up 0.3%

The firm's fifty day moving average price is $141.19 and its 200-day moving average price is $126.67. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $5.58 billion, a P/E ratio of 24.79, a PEG ratio of 1.31 and a beta of 0.86.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.15. The business had revenue of $457.11 million during the quarter, compared to analysts' expectations of $440.93 million. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The business's revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $1.37 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. As a group, equities research analysts forecast that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Insider Activity at Adtalem Global Education

In other news, Director Lisa W. Wardell sold 25,477 shares of the stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $132.38, for a total value of $3,372,645.26. Following the completion of the transaction, the director directly owned 43,451 shares in the company, valued at $5,752,043.38. This trade represents a 36.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Manjunath Gangadharan sold 944 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $135.67, for a total transaction of $128,072.48. Following the completion of the sale, the chief accounting officer owned 4,901 shares of the company's stock, valued at approximately $664,918.67. This trade represents a 16.15% decrease in their position. The disclosure for this sale can be found here. Insiders sold 57,713 shares of company stock valued at $7,702,094 over the last quarter. Insiders own 2.50% of the company's stock.

Institutional Investors Weigh In On Adtalem Global Education

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATGE. Sachetta LLC purchased a new stake in Adtalem Global Education in the 2nd quarter worth approximately $25,000. Penserra Capital Management LLC purchased a new stake in Adtalem Global Education in the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC purchased a new stake in Adtalem Global Education in the 3rd quarter worth approximately $28,000. Allworth Financial LP lifted its position in Adtalem Global Education by 82.9% in the 2nd quarter. Allworth Financial LP now owns 342 shares of the company's stock worth $44,000 after buying an additional 155 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its position in Adtalem Global Education by 727.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company's stock worth $45,000 after buying an additional 313 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.

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.

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