Adtalem Global Education Inc. (NYSE:ATGE) Short Interest Update

Adtalem Global Education Inc. (NYSE:ATGE) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,254,753 shares, a growth of 22.6% from the November 30th total of 1,023,085 shares. Based on an average daily trading volume, of 588,293 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.5% of the shares of the stock are sold short. Approximately 3.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 588,293 shares, the days-to-cover ratio is presently 2.1 days.

Adtalem Global Education Stock Down 0.5%

Shares of ATGE opened at $103.49 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.38. The business has a fifty day moving average of $102.01 and a 200 day moving average of $121.22. The company has a market cap of $3.76 billion, a PE ratio of 15.49, a P/E/G ratio of 0.88 and a beta of 0.68. Adtalem Global Education has a 52-week low of $86.26 and a 52-week high of $156.26.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Thursday, October 30th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.18. The business had revenue of $462.29 million for the quarter, compared to the consensus estimate of $452.30 million. Adtalem Global Education had a net margin of 13.79% and a return on equity of 18.74%. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. On average, sell-side analysts expect that Adtalem Global Education will post 6.2 EPS for the current year.

Insider Buying and Selling at Adtalem Global Education

In related news, Director Kenneth J. Phelan acquired 508 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was acquired at an average price of $98.29 per share, with a total value of $49,931.32. Following the acquisition, the director directly owned 18,783 shares of the company’s stock, valued at approximately $1,846,181.07. This trade represents a 2.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael W. Malafronte acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were purchased at an average price of $91.85 per share, with a total value of $91,850.00. Following the transaction, the director owned 100,445 shares of the company’s stock, valued at approximately $9,225,873.25. This represents a 1.01% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Adtalem Global Education

Several hedge funds have recently bought and sold shares of ATGE. Goldman Sachs Group Inc. lifted its position in shares of Adtalem Global Education by 124.3% during the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock worth $70,350,000 after purchasing an additional 387,330 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Adtalem Global Education by 2.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 673,312 shares of the company’s stock worth $103,993,000 after buying an additional 12,879 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Adtalem Global Education by 444.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock valued at $90,940,000 after buying an additional 494,058 shares in the last quarter. Fisher Asset Management LLC boosted its position in Adtalem Global Education by 70.3% in the 3rd quarter. Fisher Asset Management LLC now owns 571,485 shares of the company’s stock valued at $88,266,000 after buying an additional 235,880 shares during the period. Finally, Wellington Management Group LLP grew its stake in Adtalem Global Education by 0.8% in the 3rd quarter. Wellington Management Group LLP now owns 559,416 shares of the company’s stock worth $86,402,000 after acquiring an additional 4,502 shares in the last quarter. Institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on ATGE shares. Wall Street Zen cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. BMO Capital Markets reiterated an “outperform” rating and set a $158.00 target price on shares of Adtalem Global Education in a research report on Friday, October 31st. Weiss Ratings restated a “buy (b-)” rating on shares of Adtalem Global Education in a research report on Monday. Robert W. Baird set a $163.00 price objective on shares of Adtalem Global Education in a research report on Friday, October 31st. Finally, Barrington Research reissued an “outperform” rating and issued a $170.00 price objective on shares of Adtalem Global Education in a research note on Friday, October 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $156.50.

About Adtalem Global Education

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.