Adtalem Global Education Inc (NYSE:ATGE) insider Donna Jennings sold 6,950 shares of the firm’s stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $57.83, for a total value of $401,918.50. Following the sale, the insider now directly owns 19,080 shares of the company’s stock, valued at $1,103,396.40. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Donna Jennings also recently made the following trade(s):

  • On Tuesday, November 6th, Donna Jennings sold 4,302 shares of Adtalem Global Education stock. The stock was sold at an average price of $55.70, for a total value of $239,621.40.

ATGE opened at $54.50 on Friday. Adtalem Global Education Inc has a fifty-two week low of $41.76 and a fifty-two week high of $58.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $3.21 billion, a PE ratio of 19.60, a PEG ratio of 1.45 and a beta of 0.76.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Thursday, November 1st. The company reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.04. The company had revenue of $284.19 million during the quarter, compared to the consensus estimate of $296.12 million. Adtalem Global Education had a return on equity of 11.43% and a net margin of 0.89%. The business’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the business earned $0.41 EPS. On average, research analysts forecast that Adtalem Global Education Inc will post 2.85 EPS for the current fiscal year.

A number of research firms have recently weighed in on ATGE. Barrington Research reaffirmed a “buy” rating and set a $60.00 price target on shares of Adtalem Global Education in a research note on Friday, October 5th. BMO Capital Markets raised their price target on Adtalem Global Education from $52.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, November 5th. Robert W. Baird raised their price target on Adtalem Global Education from $52.00 to $54.00 and gave the stock a “neutral” rating in a research note on Friday, November 2nd. Zacks Investment Research raised Adtalem Global Education from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Finally, Piper Jaffray Companies raised their price target on Adtalem Global Education to $63.00 and gave the stock an “overweight” rating in a research note on Friday, November 2nd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $58.20.

Hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC increased its holdings in shares of Adtalem Global Education by 772.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,792 shares of the company’s stock valued at $134,000 after acquiring an additional 2,472 shares during the last quarter. Brown Advisory Inc. acquired a new position in shares of Adtalem Global Education during the 2nd quarter valued at about $209,000. Seven Eight Capital LP acquired a new position in shares of Adtalem Global Education during the 3rd quarter valued at about $213,000. Hartford Investment Management Co. acquired a new position in shares of Adtalem Global Education during the 3rd quarter valued at about $228,000. Finally, Jane Street Group LLC acquired a new position in shares of Adtalem Global Education during the 2nd quarter valued at about $231,000. 98.27% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://www.dailypolitical.com/2018/12/07/adtalem-global-education-inc-atge-insider-sells-401918-50-in-stock.html.

Adtalem Global Education Company Profile

Adtalem Global Education, Inc engages in the provision of educational services. It operates through the following segments: Medical and Healthcare, Professional Education, and Technology and Business. The Medical and Healthcare segment includes the operations of Ross University medical and veterinary schools, Chamberlain College of Nursing and Carrington.

Featured Article: Investing in Growth Stocks

Insider Buying and Selling by Quarter for Adtalem Global Education (NYSE:ATGE)

Receive News & Ratings for Adtalem Global Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtalem Global Education and related companies with MarketBeat.com's FREE daily email newsletter.