Adtalem Global Education Inc. (NYSE:ATGE – Get Rating) Director Lyle Logan sold 2,600 shares of the firm's stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $38.14, for a total value of $99,164.00. Following the completion of the sale, the director now directly owns 29,323 shares in the company, valued at approximately $1,118,379.22. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Adtalem Global Education Price Performance
Shares of NYSE ATGE traded down $1.08 during mid-day trading on Friday, hitting $37.27. 535,377 shares of the stock traded hands, compared to its average volume of 457,435. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. Adtalem Global Education Inc. has a twelve month low of $19.14 and a twelve month high of $41.40. The company has a market cap of $1.68 billion, a PE ratio of 5.94, a price-to-earnings-growth ratio of 0.62 and a beta of 1.03. The firm has a 50 day simple moving average of $38.60 and a two-hundred day simple moving average of $33.37.
Get Adtalem Global Education alerts:Adtalem Global Education (NYSE:ATGE – Get Rating) last released its quarterly earnings data on Thursday, August 11th. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.06. Adtalem Global Education had a return on equity of 12.38% and a net margin of 21.97%. The company had revenue of $361.23 million for the quarter, compared to the consensus estimate of $348.90 million. During the same quarter last year, the business posted $0.70 EPS. Adtalem Global Education's revenue for the quarter was up 61.6% on a year-over-year basis. As a group, equities research analysts forecast that Adtalem Global Education Inc. will post 4.08 EPS for the current fiscal year.
Wall Street Analyst Weigh In
ATGE has been the topic of a number of research analyst reports. Barrington Research raised their target price on Adtalem Global Education from $40.00 to $46.00 and gave the company an "outperform" rating in a report on Friday, August 12th. Robert W. Baird raised their price objective on Adtalem Global Education from $31.00 to $40.00 in a report on Friday, August 12th.Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its position in Adtalem Global Education by 100.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,050 shares of the company's stock worth $38,000 after purchasing an additional 525 shares during the last quarter. US Bancorp DE raised its position in Adtalem Global Education by 76.7% during the 1st quarter. US Bancorp DE now owns 1,786 shares of the company's stock worth $53,000 after purchasing an additional 775 shares during the last quarter. Gladius Capital Management LP raised its position in Adtalem Global Education by 18.2% during the 1st quarter. Gladius Capital Management LP now owns 2,264 shares of the company's stock worth $68,000 after purchasing an additional 348 shares during the last quarter. Prospera Financial Services Inc bought a new position in Adtalem Global Education during the 2nd quarter worth $68,000. Finally, GHE LLC bought a new position in Adtalem Global Education during the 2nd quarter worth $77,000.
About Adtalem Global Education
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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.
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