Adtalem Global Education Inc. $ATGE Shares Sold by Voya Investment Management LLC

by · The Cerbat Gem

Voya Investment Management LLC lowered its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE – Free Report) by 16.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 24,774 shares of the company’s stock after selling 4,954 shares during the period. Voya Investment Management LLC’s holdings in Adtalem Global Education were worth $3,826,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ATGE. Sachetta LLC acquired a new position in Adtalem Global Education during the second quarter worth $25,000. Penserra Capital Management LLC purchased a new stake in shares of Adtalem Global Education in the 2nd quarter valued at $28,000. Allworth Financial LP lifted its stake in Adtalem Global Education by 82.9% during the 2nd quarter. Allworth Financial LP now owns 342 shares of the company’s stock worth $44,000 after acquiring an additional 155 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in Adtalem Global Education by 727.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after acquiring an additional 313 shares during the period. Finally, Nkcfo LLC acquired a new position in Adtalem Global Education in the 2nd quarter valued at about $91,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Transactions at Adtalem Global Education

In other Adtalem Global Education news, Director Kenneth J. Phelan bought 508 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average price of $98.29 per share, for a total transaction of $49,931.32. Following the completion of the purchase, the director directly owned 18,783 shares in the company, valued at $1,846,181.07. This trade represents a 2.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael W. Malafronte purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was acquired at an average cost of $91.85 per share, with a total value of $91,850.00. Following the completion of the acquisition, the director directly owned 100,445 shares of the company’s stock, valued at $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 owned by insiders.

Adtalem Global Education Stock Up 1.1%

Shares of Adtalem Global Education stock opened at $104.76 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. Adtalem Global Education Inc. has a 52-week low of $86.26 and a 52-week high of $156.26. The company has a market capitalization of $3.81 billion, a P/E ratio of 15.68, a P/E/G ratio of 0.88 and a beta of 0.73. The company has a 50 day moving average of $105.93 and a 200 day moving average of $121.67.

Adtalem Global Education (NYSE:ATGE – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.18. The business had revenue of $462.29 million for the quarter, compared to analyst estimates of $452.30 million. Adtalem Global Education had a net margin of 13.79% and a return on equity of 18.74%. The company’s revenue was up 10.8% on a year-over-year basis. During the same period last year, the business earned $1.29 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. As a group, research analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on ATGE. Robert W. Baird set a $163.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Wall Street Zen downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Adtalem Global Education in a report on Monday. Barrington Research restated an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a research note on Friday, October 31st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $158.00 price objective on shares of Adtalem Global Education in a research report 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 company’s stock. According to MarketBeat, Adtalem Global Education has an average rating of “Moderate Buy” and a consensus target price of $156.50.

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Adtalem Global Education Profile

(Free Report)

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.

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