Adtalem Global Education (NYSE:ATGE) insider Donna Jennings sold 3,918 shares of the firm’s stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $50.00, for a total transaction of $195,900.00. Following the transaction, the insider now directly owns 12,815 shares in the company, valued at $640,750. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
NYSE ATGE opened at $49.30 on Thursday. Adtalem Global Education has a 52-week low of $30.15 and a 52-week high of $50.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market cap of $2,989.74, a P/E ratio of 19.53, a P/E/G ratio of 1.93 and a beta of 0.91.
Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Adtalem Global Education had a net margin of 0.86% and a return on equity of 9.92%. The business had revenue of $337.24 million during the quarter, compared to the consensus estimate of $435.56 million. During the same quarter last year, the company posted $0.64 earnings per share. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. equities research analysts anticipate that Adtalem Global Education will post 2.78 EPS for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of ATGE. Legal & General Group Plc increased its holdings in Adtalem Global Education by 12.0% during the third quarter. Legal & General Group Plc now owns 89,525 shares of the company’s stock worth $3,202,000 after buying an additional 9,586 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Adtalem Global Education by 5.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 337,199 shares of the company’s stock worth $12,089,000 after buying an additional 17,608 shares during the last quarter. Bowling Portfolio Management LLC increased its holdings in Adtalem Global Education by 144.7% during the fourth quarter. Bowling Portfolio Management LLC now owns 15,558 shares of the company’s stock worth $654,000 after buying an additional 9,201 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of Adtalem Global Education in the fourth quarter worth about $3,766,000. Finally, Foundry Partners LLC increased its stake in shares of Adtalem Global Education by 7.1% in the fourth quarter. Foundry Partners LLC now owns 313,474 shares of the company’s stock worth $13,182,000 after purchasing an additional 20,767 shares in the last quarter.
TRADEMARK VIOLATION NOTICE: “Donna Jennings Sells 3,918 Shares of Adtalem Global Education (ATGE) Stock” was originally reported by Week Herald and is the property of of Week Herald. If you are viewing this report on another website, it was copied illegally and republished in violation of international trademark and copyright laws. The legal version of this report can be read at https://weekherald.com/2018/04/19/donna-jennings-sells-3918-shares-of-adtalem-global-education-atge-stock.html.
About Adtalem Global Education
Adtalem Global Education Inc provides educational services worldwide. It operates through four segments: Medical and Healthcare, Professional Education, Technology and Business, and U.S. Traditional Postsecondary. The Medical and Healthcare segment operates Chamberlain University, which provides pre and post-licensure bachelor's, master's, and doctorate degree programs in nursing through campus and online; American University of the Caribbean School of Medicine and Ross University School of Medicine, which provide medical education; and Ross University School of Veterinary Medicine that offers veterinary education.
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.