Adtalem Global Education Inc. (NYSE:ATGE) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 6.6% resulting in a US$110m addition to the company's market value. As a result, their original purchase of US$2.6m worth of stock is now worth US$3.8m.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Adtalem Global Education

The Last 12 Months Of Insider Transactions At Adtalem Global Education

In the last twelve months, the biggest single purchase by an insider was when Independent Director Michael Malafronte bought US$955k worth of shares at a price of US$23.58 per share. We do like to see buying, but this purchase was made at well below the current price of US$39.34. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid US$2.6m for 97.20k shares. But they sold 2.38k shares for US$75k. In total, Adtalem Global Education insiders bought more than they sold over the last year. They paid about US$26.73 on average. We don't deny that it is nice to see insiders buying stock in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Adtalem Global Education is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Adtalem Global Education Insiders Bought Stock Recently

Over the last quarter, Adtalem Global Education insiders have spent a meaningful amount on shares. Specifically, Independent Director William Krehbiel bought US$317k worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future.

Insider Ownership Of Adtalem Global Education

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.8% of Adtalem Global Education shares, worth about US$31m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Adtalem Global Education Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in Adtalem Global Education shares, given these transactions (along with notable insider ownership of the company). Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Adtalem Global Education.

But note: Adtalem Global Education may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.