Amundi Has $1.55 Million Position in Adtalem Global Education Inc. $ATGE

Key Points

• Amundi has reduced its stake in Adtalem Global Education Inc. by 18.8%, selling 3,549 shares, which leaves them with 15,357 shares valued at approximately $1.55 million.
• Several other institutional investors, including Deutsche Bank and Lazard Asset Management, have recently increased their positions in Adtalem, indicating strong institutional interest, as 98.84% of the stock is owned by institutional investors.
• Adtalem reported a quarterly earnings per share (EPS) of $1.66, exceeding analysts' expectations, and has set a FY 2026 guidance of 7.600-7.900 EPS.

Amundi trimmed its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 18.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,357 shares of the company's stock after selling 3,549 shares during the period. Amundi's holdings in Adtalem Global Education were worth $1,550,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp raised its holdings in shares of Adtalem Global Education by 56.8% during the first quarter. Fifth Third Bancorp now owns 287 shares of the company's stock worth $29,000 after acquiring an additional 104 shares during the period. Financial Management Professionals Inc. acquired a new stake in Adtalem Global Education in the 1st quarter valued at $31,000. USA Financial Formulas increased its stake in Adtalem Global Education by 214.9% in the 1st quarter. USA Financial Formulas now owns 888 shares of the company's stock valued at $89,000 after buying an additional 606 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its stake in Adtalem Global Education by 10,488.9% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 953 shares of the company's stock valued at $96,000 after buying an additional 944 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Adtalem Global Education by 17.5% in the 1st quarter. GAMMA Investing LLC now owns 1,720 shares of the company's stock valued at $173,000 after buying an additional 256 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ATGE shares. Zacks Research lowered shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Barrington Research lifted their price target on shares of Adtalem Global Education from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Adtalem Global Education currently has an average rating of "Moderate Buy" and an average price target of $139.00.

Adtalem Global Education Stock Performance

Adtalem Global Education stock traded up $0.78 during midday trading on Wednesday, hitting $136.38. The company's stock had a trading volume of 102,386 shares, compared to its average volume of 457,068. Adtalem Global Education Inc. has a 1-year low of $71.09 and a 1-year high of $140.12. 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 company has a 50-day moving average price of $125.12 and a two-hundred day moving average price of $117.65. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 1.17 and a beta of 0.94.

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

Insider Activity

In other Adtalem Global Education news, Director Lisa W. Wardell sold 25,477 shares of Adtalem Global Education stock in a transaction dated 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 sale, the director owned 43,451 shares in the company, valued at $5,752,043.38. The trade was a 36.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Manjunath Gangadharan sold 944 shares of Adtalem Global Education stock in a transaction dated Wednesday, August 27th. The stock was 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 $664,918.67. This trade represents a 16.15% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 57,713 shares of company stock valued at $7,702,094 in the last quarter. Corporate insiders own 2.00% of the company's stock.

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.