Donna J. Hrinak Sells 4,685 Shares of Adtalem Global Education Inc. (NYSE:ATGE) Stock

Adtalem Global Education Inc. (NYSE:ATGE - Get Free Report) Director Donna J. Hrinak sold 4,685 shares of the stock in a transaction that occurred 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 directly owns 12,844 shares in the company, valued at $1,395,885.92. This represents a 26.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Adtalem Global Education Stock Performance

Shares of NYSE:ATGE traded down $1.77 during mid-day trading on Thursday, reaching $103.23. The company had a trading volume of 435,270 shares, compared to its average volume of 412,444. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45. The firm has a market cap of $3.85 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 1.17 and a beta of 0.97. The company's 50-day moving average price is $96.13 and its 200-day moving average price is $84.24. Adtalem Global Education Inc. has a one year low of $45.16 and a one year high of $112.43.

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

Analyst Upgrades and Downgrades

ATGE has been the topic of a number of analyst reports. Barrington Research increased their price target on Adtalem Global Education from $115.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. BMO Capital Markets raised their target price on Adtalem Global Education from $108.00 to $115.00 and gave the company an "outperform" rating in a report on Monday, February 3rd. Finally, StockNews.com downgraded Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 31st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ATGE. XTX Topco Ltd bought a new stake in Adtalem Global Education in the fourth quarter worth $961,000. Ameritas Investment Partners Inc. lifted its stake in Adtalem Global Education by 5.2% in the fourth quarter. Ameritas Investment Partners Inc. now owns 3,922 shares of the company's stock worth $356,000 after purchasing an additional 194 shares during the last quarter. Sterling Capital Management LLC lifted its stake in 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 last quarter. Raymond James Financial Inc. bought a new stake in Adtalem Global Education in the fourth quarter worth $2,368,000. Finally, Renaissance Technologies LLC lifted its stake in Adtalem Global Education by 21.9% in the fourth quarter. Renaissance Technologies LLC now owns 317,800 shares of the company's stock worth $28,872,000 after purchasing an additional 57,000 shares during the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Adtalem Global Education Company 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.