Fox Run Management L.L.C. Takes Position in Adtalem Global Education Inc (ATGE)

Fox Run Management L.L.C. bought a new position in shares of Adtalem Global Education Inc (NASDAQ:ATGE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,300 shares of the company’s stock, valued at approximately $369,000.

A number of other large investors also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Adtalem Global Education in the 2nd quarter worth about $229,924,000. Dimensional Fund Advisors LP bought a new position in shares of Adtalem Global Education in the 2nd quarter worth about $200,183,000. Vanguard Group Inc. bought a new position in shares of Adtalem Global Education in the 2nd quarter worth about $184,918,000. William Blair Investment Management LLC bought a new position in shares of Adtalem Global Education in the 2nd quarter worth about $128,673,000. Finally, Wells Fargo & Company MN bought a new position in shares of Adtalem Global Education in the 2nd quarter worth about $79,653,000.

Several research analysts have recently weighed in on ATGE shares. Zacks Investment Research raised Adtalem Global Education from a “sell” rating to a “hold” rating in a research report on Friday, July 7th. BMO Capital Markets reissued a “market perform” rating and issued a $35.00 price objective (down from $40.00) on shares of Adtalem Global Education in a research report on Monday, August 21st. Finally, BidaskClub raised Adtalem Global Education from a “hold” rating to a “buy” rating in a research report on Thursday.

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Adtalem Global Education (NASDAQ:ATGE) last posted its earnings results on Thursday, November 2nd. The company reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.16). The firm had revenue of $421.03 million for the quarter, compared to analysts’ expectations of $428.00 million. Adtalem Global Education had a return on equity of 10.35% and a net margin of 9.76%. The business’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 earnings per share.

In other news, insider John P. Roselli sold 2,327 shares of the stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $33.99, for a total transaction of $79,094.73. Following the completion of the sale, the insider now directly owns 13,730 shares in the company, valued at $466,682.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Susan Groenwald sold 5,887 shares of the stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $33.80, for a total transaction of $198,980.60. Following the completion of the transaction, the insider now directly owns 30,582 shares of the company’s stock, valued at $1,033,671.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,328 shares of company stock valued at $384,138.

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.

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Institutional Ownership by Quarter for Adtalem Global Education (NASDAQ:ATGE)

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