Assenagon Asset Management S.A. Purchases 65,945 Shares of Adtalem Global Education Inc. (NYSE:ATGE)

Assenagon Asset Management S.A. lifted its position in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 511.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,828 shares of the company's stock after acquiring an additional 65,945 shares during the period. Assenagon Asset Management S.A. owned about 0.21% of Adtalem Global Education worth $5,950,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. SummerHaven Investment Management LLC raised its stake in Adtalem Global Education by 1.2% during the 2nd quarter. SummerHaven Investment Management LLC now owns 19,687 shares of the company's stock valued at $1,343,000 after purchasing an additional 233 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Adtalem Global Education by 1.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,162 shares of the company's stock worth $1,443,000 after acquiring an additional 283 shares in the last quarter. ProShare Advisors LLC boosted its position in Adtalem Global Education by 5.7% during the 1st quarter. ProShare Advisors LLC now owns 7,889 shares of the company's stock worth $405,000 after acquiring an additional 423 shares during the period. GAMMA Investing LLC grew its stake in Adtalem Global Education by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 804 shares of the company's stock valued at $55,000 after acquiring an additional 433 shares in the last quarter. Finally, Clear Creek Financial Management LLC lifted its position in shares of Adtalem Global Education by 3.4% in the second quarter. Clear Creek Financial Management LLC now owns 13,378 shares of the company's stock worth $913,000 after purchasing an additional 441 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Insider Buying and Selling at Adtalem Global Education

In other Adtalem Global Education news, Director Lisa W. Wardell sold 67,330 shares of the business's stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $71.51, for a total transaction of $4,814,768.30. Following the completion of the transaction, the director now owns 94,804 shares of the company's stock, valued at $6,779,434.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Adtalem Global Education news, Director Lisa W. Wardell sold 67,330 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $71.51, for a total value of $4,814,768.30. Following the transaction, the director now directly owns 94,804 shares of the company's stock, valued at $6,779,434.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Lisa W. Wardell sold 7,292 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $72.10, for a total value of $525,753.20. Following the completion of the sale, the director now directly owns 105,085 shares of the company's stock, valued at $7,576,628.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 148,440 shares of company stock worth $10,889,450 over the last 90 days. Insiders own 2.20% of the company's stock.

Adtalem Global Education Stock Up 2.3 %

Shares of Adtalem Global Education stock traded up $1.66 during midday trading on Tuesday, reaching $74.99. 506,234 shares of the company's stock traded hands, compared to its average volume of 465,721. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.86 and a current ratio of 0.86. Adtalem Global Education Inc. has a 52 week low of $43.78 and a 52 week high of $80.18. The company's 50 day simple moving average is $73.68 and its 200 day simple moving average is $68.36. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 27.61, a price-to-earnings-growth ratio of 0.84 and a beta of 0.95.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.09. The company had revenue of $409.91 million during the quarter, compared to analysts' expectations of $398.64 million. Adtalem Global Education had a return on equity of 14.84% and a net margin of 8.63%. The business's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 earnings per share. Equities analysts expect that Adtalem Global Education Inc. will post 5.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ATGE has been the topic of several research reports. BMO Capital Markets upped their price objective on shares of Adtalem Global Education from $76.00 to $84.00 and gave the company an "outperform" rating in a research note on Thursday, August 8th. StockNews.com raised Adtalem Global Education from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $90.00 target price on shares of Adtalem Global Education in a research report on Thursday, August 29th.

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.