Baader Bank Aktiengesellschaft Buys New Shares in Adtalem Global Education Inc. $ATGE

Key Points

• Baader Bank Aktiengesellschaft acquired 3,317 shares of Adtalem Global Education Inc. ($ATGE), valued at approximately $421,000, marking a new position for the bank in the second quarter.
• Adtalem Global Education's stock recently reported earnings per share (EPS) of $1.66, surpassing analyst expectations of $1.51, with quarterly revenue increasing by 11.5% year-over-year.
• Multiple institutional investors, including MIRAE ASSET and ProShare Advisors, expanded their stakes in Adtalem Global Education during the fourth quarter, reflecting strong institutional interest with 98.84% of shares now held by such investors.

Baader Bank Aktiengesellschaft bought a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,317 shares of the company's stock, valued at approximately $421,000.

Other large investors also recently modified their holdings of the company. Fifth Third Bancorp lifted its position 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 purchasing an additional 104 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in Adtalem Global Education in the first quarter valued at approximately $31,000. USA Financial Formulas lifted its holdings in Adtalem Global Education by 214.9% in the first 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 period. Skandinaviska Enskilda Banken AB publ lifted its holdings in Adtalem Global Education by 10,488.9% in the first 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 period. Finally, GAMMA Investing LLC lifted its holdings 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 during the period. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ATGE. Barrington Research increased their price objective on shares of Adtalem Global Education from $140.00 to $150.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Wall Street Zen lowered shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Zacks Research lowered 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 given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $139.00.

Insider Buying and Selling at Adtalem Global Education

In other news, Director Lisa W. Wardell sold 25,477 shares of the stock in a transaction 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 completion of the sale, the director owned 43,451 shares of the company's stock, valued at $5,752,043.38. This represents a 36.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Manjunath Gangadharan sold 944 shares of the 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 sale, the chief accounting officer directly owned 4,901 shares of the company's stock, valued at $664,918.67. This represents a 16.15% decrease in their position. 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. 2.00% of the stock is owned by insiders.

Adtalem Global Education Trading Up 2.4%

NYSE:ATGE traded up $3.39 during trading hours on Monday, hitting $143.98. The stock had a trading volume of 157,630 shares, compared to its average volume of 458,143. Adtalem Global Education Inc. has a one year low of $71.09 and a one year high of $144.43. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $5.18 billion, a price-to-earnings ratio of 23.32, a P/E/G ratio of 1.21 and a beta of 0.94. The business's 50 day moving average is $126.32 and its 200-day moving average is $118.64.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $1.66 EPS for the quarter, beating 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 firm had revenue of $457.11 million during the quarter, compared to the consensus estimate of $440.93 million. During the same quarter in the prior year, the firm 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. Sell-side analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

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.