Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Adtalem Global Education Inc shares valued at $4,952,684 were sold by WARDELL LISA W on Sep 13 ’24. At $72.86 per share, WARDELL LISA W sold 67,976 shares. The insider’s holdings dropped to 105,085 shares worth approximately $8.5 million following the completion of this transaction.
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Also, WARDELL LISA W sold 7,292 shares, netting a total of over 525,785 in proceeds. Following the sale of shares at $72.10 each, the insider now holds 105,085 shares.
Before that, Herrera Maurice had sold 8,165 shares from its account. In a trade valued at $575,987, the SVP – Chief Marketing Officer traded Adtalem Global Education Inc shares for $70.54 each. Upon closing the transaction, the insider’s holdings decreased to 8,165 shares, worth approximately $1.19 million.
As published in a research note from Robert W. Baird on October 27, 2023, Adtalem Global Education Inc [ATGE] has been rated up from a Neutral to an Outperform and the price target has been revised to $55 from $47. Analysts at BMO Capital Markets upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in early July. Earlier on September 12, 2019, Sidoti initiated its rating. Their recommendation was “a Buy” for ATGE stock.
Analyzing ATGE Stock Performance
During the last five days, there has been a surge of approximately 11.20%. Over the course of the year, Adtalem Global Education Inc shares have jumped approximately 37.27%. Shares of the company reached a 52-week high of $85.26 on 10/30/24 and a 52-week low of $43.78 on 01/30/24. A 50-day SMA is recorded $74.02, while a 200-day SMA reached $63.33. Nevertheless, trading volume fell to 0.53 million shares from 1.11 million shares the previous day.
Support And Resistance Levels for Adtalem Global Education Inc (ATGE)
According to the 24-hour chart, there is a support level at 79.58, which, if violated, would cause prices to drop to 78.24. In the upper region, resistance lies at 82.73. The next price resistance is at 84.54. RSI (Relative Strength Index) is 68.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.72, which suggests the price will increase in the coming days. Percent R is at 30.63%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
