Adtalem Global Education Inc. $ATGE Shares Purchased by Acadian Asset Management LLC

Key Points

• Acadian Asset Management LLC increased its holdings in Adtalem Global Education by 222.0%, now owning 27,758 shares valued at approximately $2.79 million as of its latest SEC filing.
• Several institutional investors also raised their stakes, with notable increases, including Skandinaviska Enskilda Banken AB, which grew its position by an astonishing 10,488.9%.
• Adtalem Global Education reported earnings of $1.66 per share for the last quarter, exceeding analysts' expectations, and set its FY 2026 EPS guidance between $7.60 and $7.90.

Acadian Asset Management LLC lifted its position in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 222.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,758 shares of the company's stock after acquiring an additional 19,137 shares during the period. Acadian Asset Management LLC owned about 0.07% of Adtalem Global Education worth $2,790,000 as of its most recent SEC filing.

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

Insider Buying and Selling at Adtalem Global Education

In other news, CAO Manjunath Gangadharan sold 944 shares of the firm's stock in a transaction on 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 transaction, the chief accounting officer directly owned 4,901 shares in the company, valued at $664,918.67. This trade represents a 16.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lisa W. Wardell sold 25,477 shares of the business's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the sale, the director owned 43,451 shares of the company's stock, valued at $5,752,043.38. This trade represents a 36.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 57,713 shares of company stock valued at $7,702,094 in the last three months. Insiders own 2.00% of the company's stock.

Adtalem Global Education Price Performance

Shares of ATGE traded up $0.92 during trading hours on Friday, reaching $140.56. 918,821 shares of the company's stock traded hands, compared to its average volume of 326,687. The firm's 50 day simple moving average is $126.32 and its 200-day simple moving average is $118.34. The stock has a market cap of $5.05 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 1.20 and a beta of 0.94. Adtalem Global Education Inc. has a 12 month low of $71.09 and a 12 month high of $141.68. 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 - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $1.66 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $440.93 million. During the same period last year, the business earned $1.37 earnings per share. The business's quarterly 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. Equities analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wall Street Zen cut Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Saturday. Barrington Research lifted their target price on Adtalem Global Education from $140.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Finally, Zacks Research cut shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $139.00.

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.