Calamos Advisors LLC bought a new stake in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,844 shares of the company's stock, valued at approximately $2,530,000. Calamos Advisors LLC owned 0.07% of Adtalem Global Education as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also made changes to their positions in the company. USA Financial Formulas purchased a new stake in Adtalem Global Education during the 4th quarter worth about $26,000. Meeder Asset Management Inc. acquired a new stake in Adtalem Global Education in the 3rd quarter worth about $27,000. R Squared Ltd acquired a new stake in Adtalem Global Education in the 4th quarter worth about $70,000. GAMMA Investing LLC boosted its stake in Adtalem Global Education by 60.1% in the 3rd quarter. GAMMA Investing LLC now owns 1,287 shares of the company's stock worth $97,000 after buying an additional 483 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Adtalem Global Education in the 3rd quarter valued at about $123,000. Hedge funds and other institutional investors own 98.84% of the company's stock.
Insider Activity
In other news, insider Michael Betz sold 3,500 shares of the business's 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 directly owns 16,881 shares of the company's stock, valued at $1,832,770.17. The trade was a 17.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William W. Burke sold 4,000 shares of the company's stock in a transaction on Friday, November 29th. The shares were sold at an average price of $90.39, for a total value of $361,560.00. Following the transaction, the director now directly owns 11,659 shares in the company, valued at $1,053,857.01. The trade was a 25.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.00% of the company's stock.
Adtalem Global Education Stock Performance
ATGE stock traded down $2.17 during trading on Friday, reaching $107.00. 437,861 shares of the company's stock were exchanged, compared to its average volume of 381,883. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. Adtalem Global Education Inc. has a 1-year low of $45.16 and a 1-year high of $112.43. The company's fifty day moving average price is $94.99 and its 200-day moving average price is $83.51. The firm has a market cap of $3.99 billion, a PE ratio of 19.93, a P/E/G ratio of 1.17 and a beta of 0.97.
Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate 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, research analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. StockNews.com lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. Barrington Research boosted their price target on Adtalem Global Education from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Finally, BMO Capital Markets boosted their price target on Adtalem Global Education from $108.00 to $115.00 and gave the company an "outperform" rating in a report on Monday, February 3rd.
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About Adtalem Global Education
(
Free Report)
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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