Adtalem Global Education (ATGE) Hits New 1-Year High at $47.18
Adtalem Global Education Inc (NYSE:ATGE) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.18 and last traded at $47.22, with a volume of 523961 shares trading hands. The stock had previously closed at $46.35.
A number of research analysts have recently issued reports on the company. BidaskClub raised Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research raised Adtalem Global Education from a “sell” rating to a “hold” rating in a report on Friday, February 9th. BMO Capital Markets reissued a “hold” rating and issued a $49.00 target price on shares of Adtalem Global Education in a report on Wednesday, January 17th. Piper Jaffray Companies reissued a “buy” rating and issued a $59.00 target price on shares of Adtalem Global Education in a report on Monday, December 4th. Finally, Robert W. Baird boosted their target price on Adtalem Global Education from $46.00 to $47.00 and gave the company a “neutral” rating in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Adtalem Global Education has an average rating of “Buy” and an average target price of $50.33.
The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $2,840.00, a P/E ratio of 63.61, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01.
In related news, SVP Donna Jennings sold 4,582 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $45.00, for a total value of $206,190.00. Following the sale, the senior vice president now directly owns 16,794 shares in the company, valued at $755,730. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ronald L. Taylor sold 100,000 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $45.33, for a total value of $4,533,000.00. Following the sale, the insider now owns 643,620 shares in the company, valued at $29,175,294.60. The disclosure for this sale can be found here. 3.04% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of ATGE. Suntrust Banks Inc. purchased a new stake in Adtalem Global Education during the fourth quarter worth $207,000. BlueCrest Capital Management Ltd purchased a new stake in Adtalem Global Education during the fourth quarter worth $209,000. Shelton Capital Management purchased a new stake in Adtalem Global Education during the second quarter worth $224,000. Virtu KCG Holdings LLC purchased a new stake in Adtalem Global Education during the second quarter worth $333,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in Adtalem Global Education during the third quarter worth $347,000.
Adtalem Global Education Company Profile
Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.
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.