Adtalem Global Education Inc’s filing revealed that its SVP – Chief Marketing Officer Herrera Maurice unloaded Company’s shares for reported $0.25 million on Dec 08 ’23. In the deal valued at $60.00 per share,4,200 shares were sold. As a result of this transaction, Herrera Maurice now holds 24,519 shares worth roughly $1.47 million.
Then, Simpson Blake sold 550 shares, generating $32,577 in total proceeds. Upon selling the shares at $59.23, the SVP, Chief Comms Officer now owns 7,986 shares.
Before that, WARDELL LISA W sold 4,643 shares. Adtalem Global Education Inc shares valued at $258,936 were divested by the Director at a price of $55.77 per share. As a result of the transaction, WARDELL LISA W now holds 162,134 shares, worth roughly $9.74 million.
Robert W. Baird upgraded its Adtalem Global Education Inc [ATGE] rating to an Outperform from a a Neutral in a research note published on October 27, 2023; the price target was increased to $55 from $47. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in early July from “a Market perform” to “an Outperform”. Sidoti started covering the stock on September 12, 2019. It rated ATGE as “a Buy”.
Price Performance Review of ATGE
On Friday, Adtalem Global Education Inc [NYSE:ATGE] saw its stock jump 14.66% to $60.08. Over the last five days, the stock has gained 20.93%. Adtalem Global Education Inc shares have risen nearly 1.92% since the year began. Nevertheless, the stocks have risen 40.90% over the past one year. While a 52-week high of $62.99 was reached on 01/23/24, a 52-week low of $33.59 was recorded on 01/30/24. SMA at 50 days reached $49.22, while 200 days put it at $49.92. A total of 1.14 million shares were traded, compared to the trading of 0.67 million shares in the previous session.
Levels Of Support And Resistance For ATGE Stock
The 24-hour chart illustrates a support level at 56.82, which if violated will result in even more drops to 53.56. On the upside, there is a resistance level at 62.61. A further resistance level may holdings at 65.14. The Relative Strength Index (RSI) on the 14-day chart is 83.75, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.40, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.78%. Stochastics %K at 84.48% indicates the stock is a selling.
