Caxton Associates LLP Invests $3.24 Million in Adtalem Global Education Inc. $ATGE

Key Points

• Caxton Associates LLP has acquired a new stake in Adtalem Global Education Inc., purchasing 32,209 shares valued at approximately $3,242,000, representing about 0.09% ownership in the company.
• In the first quarter, multiple institutional investors, including Fifth Third Bancorp and Zurcher Kantonalbank, have increased their holdings in Adtalem Global Education, which now has 98.84% of its stock owned by institutional investors.
• Adtalem Global Education reported strong earnings for the quarter, with an EPS of $1.66—exceeding consensus estimates—and forecasted a FY 2026 EPS guidance of 7.600-7.900.

Caxton Associates LLP acquired a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 32,209 shares of the company's stock, valued at approximately $3,242,000. Caxton Associates LLP owned approximately 0.09% of Adtalem Global Education at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ATGE. Lord Abbett & CO. LLC purchased a new stake in Adtalem Global Education in the 1st quarter valued at about $40,829,000. Goldman Sachs Group Inc. grew its holdings in Adtalem Global Education by 124.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company's stock valued at $70,350,000 after buying an additional 387,330 shares during the period. GAMMA Investing LLC grew its holdings in Adtalem Global Education by 11,723.8% in the 1st quarter. GAMMA Investing LLC now owns 173,101 shares of the company's stock valued at $17,421,000 after buying an additional 171,637 shares during the period. Allianz Asset Management GmbH grew its holdings in Adtalem Global Education by 58.2% in the 1st quarter. Allianz Asset Management GmbH now owns 409,437 shares of the company's stock valued at $41,206,000 after buying an additional 150,702 shares during the period. Finally, Westport Asset Management Inc. purchased a new stake in Adtalem Global Education in the 4th quarter valued at about $11,425,000. Hedge funds and other institutional investors own 98.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on ATGE shares. Zacks Research cut Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Barrington Research lifted their price objective on 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 analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $139.00.

Adtalem Global Education Stock Down 0.9%

Shares of ATGE traded down $1.27 during mid-day trading on Friday, reaching $137.33. 228,830 shares of the stock traded hands, compared to its average volume of 336,642. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 22.19, a P/E/G ratio of 1.20 and a beta of 0.94. The stock has a fifty day simple moving average of $124.53 and a 200 day simple moving average of $117.07. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.39. Adtalem Global Education Inc. has a 12-month low of $71.09 and a 12-month high of $140.12.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $1.66 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.15. The business had revenue of $457.11 million during the quarter, compared to analyst estimates 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 business earned $1.37 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. Sell-side analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Lisa W. Wardell sold 25,477 shares of the firm's 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 directly owned 43,451 shares of the company's stock, valued at approximately $5,752,043.38. This trade represents a 36.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Manjunath Gangadharan sold 944 shares of the business'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 value 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,713 shares of company stock valued at $7,702,094. Company insiders own 2.00% 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.