Adtalem Global Education Inc. (NYSE:ATGE), a $3.4 billion market cap education company that has seen its stock surge over 55% in the past year, reported that Director Burke William W recently sold 4,000 shares of common stock, generating a total of $361,549. The shares were sold at a weighted average price of $90.39, with individual trade prices ranging from $89.65 to $91.60. Following the transaction, Burke retains ownership of 11,659 shares in the company. According to InvestingPro analysis, ATGE is currently trading near its 52-week high of $92.93, while management has been actively buying back shares. For deeper insights into ATGE's valuation and 10+ additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Adtalem Global Education Inc. has reported a promising start to its fiscal year 2025, with a notable rise in both revenue and earnings per share. The company's Q1 earnings show a 13% year-over-year increase in revenue, reaching $417 million, and a 39% surge in adjusted earnings per share, landing at $1.29. Furthermore, Adtalem's total enrollment has seen an 11.2% growth, reaching over 90,000 students, marking a ten-quarter growth streak. The company also revised its fiscal year 2025 revenue guidance upwards to $1.69 billion–$1.73 billion and adjusted EPS guidance to $5.75–$5.95, indicating confidence in its strategic plans. Adtalem's robust cash flow, which amounted to $79 million for the quarter and a trailing 12-month total of $243 million, also deserves a mention. These are recent developments that underline Adtalem's strong financial health and strategic investments expected to yield continued growth.
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