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 $97,262 were purchased by MAYUR GUPTA on Dec 23 ’24. At $88.42 per share, MAYUR GUPTA acquired 1,100 shares.
Also, BURKE WILLIAM W sold 4,000 shares, netting a total of over 361,550 in proceeds. Following the sale of shares at $90.39 each, the insider now holds 11,659 shares.
Before that, WILLIAM W. BURKE had added 4,000 shares to its account. In a trade valued at $363,000, the Director bought Adtalem Global Education Inc shares for $90.75 each.
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 2.06%. Over the course of the year, Adtalem Global Education Inc shares have jumped approximately 12.74%. Shares of the company reached a 52-week high of $103.15 on 01/30/25 and a 52-week low of $89.62 on 01/13/25. A 50-day SMA is recorded $92.45, while a 200-day SMA reached $75.58. Nevertheless, trading volume fell to 0.77 million shares from 0.35 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 100.85, which, if violated, would cause prices to drop to 99.28. In the upper region, resistance lies at 103.57. The next price resistance is at 104.72. RSI (Relative Strength Index) is 68.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.19, which suggests the price will increase in the coming days. Percent R is at 5.40%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
