In a filing, Adtalem Global Education Inc revealed its Director BURKE WILLIAM W unloaded Company’s shares for reported $0.36 million on Nov 29 ’24. In the deal valued at $90.39 per share,4,000 shares were sold. As a result of this transaction, BURKE WILLIAM W now holds 11,659 shares worth roughly $1.07 million.
Then, WILLIAM W. BURKE bought 4,000 shares, generating $363,000 in total proceeds.
Before that, MAYUR GUPTA bought 1,200 shares. Adtalem Global Education Inc shares valued at $109,947 were divested by the Former Director at a price of $91.62 per share.
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 Monday, Adtalem Global Education Inc [NYSE:ATGE] saw its stock jump 0.18% to $91.57. Over the last five days, the stock has gained 1.65%. Adtalem Global Education Inc shares have risen nearly 55.34% since the year began. Nevertheless, the stocks have risen 60.73% over the past one year. While a 52-week high of $92.93 was reached on 11/08/24, a 52-week low of $43.78 was recorded on 01/30/24. SMA at 50 days reached $80.21, while 200 days put it at $66.97.
Levels Of Support And Resistance For ATGE Stock
The 24-hour chart illustrates a support level at 90.09, which if violated will result in even more drops to 88.62. On the upside, there is a resistance level at 92.52. A further resistance level may holdings at 93.48. The Relative Strength Index (RSI) on the 14-day chart is 67.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.55%. Stochastics %K at 81.85% indicates the stock is a selling.
How much short interest is there in Adtalem Global Education Inc?
A steep rise in short interest was recorded in Adtalem Global Education Inc stocks on 2024-11-15, growing by 0.16 million shares to a total of 1.1 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 0.94 million shares. There was a rise of 14.73%, which implies that there is a positive sentiment for the stock.
