10,582 Shares in Adtalem Global Education Inc. (NYSE:ATGE) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,582 shares of the company's stock, valued at approximately $961,000.

A number of other hedge funds have also bought and sold shares of the business. USA Financial Formulas purchased a new stake in shares of Adtalem Global Education during the 4th quarter valued at about $26,000. R Squared Ltd bought a new stake in Adtalem Global Education during the fourth quarter valued at about $70,000. Parkside Financial Bank & Trust raised its stake in shares of Adtalem Global Education by 4,850.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 792 shares of the company's stock worth $72,000 after buying an additional 776 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Adtalem Global Education by 196.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 956 shares of the company's stock valued at $86,000 after acquiring an additional 634 shares during the period. Finally, Sterling Capital Management LLC boosted its position in shares of Adtalem Global Education by 774.8% in the fourth quarter. Sterling Capital Management LLC now owns 971 shares of the company's stock worth $88,000 after purchasing an additional 860 shares during the period. Hedge funds and other institutional investors own 98.84% of the company's stock.

Wall Street Analyst Weigh In

ATGE has been the topic of a number of recent analyst reports. Barrington Research reissued an "outperform" rating and set a $120.00 price target on shares of Adtalem Global Education in a report on Tuesday, April 15th. BMO Capital Markets boosted their price target on shares of Adtalem Global Education from $108.00 to $115.00 and gave the stock an "outperform" rating in a research note on Monday, February 3rd. Finally, StockNews.com downgraded Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 18th.

Adtalem Global Education Trading Up 4.5 %

ATGE traded up $4.35 during trading on Tuesday, reaching $101.67. The company had a trading volume of 93,701 shares, compared to its average volume of 436,784. Adtalem Global Education Inc. has a 52 week low of $46.18 and a 52 week high of $112.44. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. The business has a 50 day simple moving average of $100.64 and a 200-day simple moving average of $93.43. The stock has a market cap of $3.79 billion, a P/E ratio of 18.98, a PEG ratio of 1.05 and a beta of 0.91.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $1.81 EPS for the quarter, beating analysts' consensus estimates of $1.39 by $0.42. Adtalem Global Education had a return on equity of 16.82% and a net margin of 12.34%. On average, equities analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Insider Activity

In other Adtalem Global Education news, insider Michael Betz sold 3,500 shares of the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $108.57, for a total transaction of $379,995.00. Following the sale, the insider now owns 16,881 shares of the company's stock, valued at approximately $1,832,770.17. This trade represents a 17.17 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Donna J. Hrinak sold 4,685 shares of the company's stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $108.68, for a total value of $509,165.80. Following the sale, the director now owns 12,844 shares of the company's stock, valued at $1,395,885.92. This trade represents a 26.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,997 shares of company stock worth $1,386,048. 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.