KD Logo

Potential Price Increase for Adtalem Global Education Inc (ATGE) After Recent Insider Activity

In a filing, Adtalem Global Education Inc revealed its Director DONNA JEAN HRINAK acquired Company’s shares for reported $0.5 million on Feb 14 ’25. In the deal valued at $103.26 per share,4,812 shares were bought.

Then, Hrinak Donna J sold 4,685 shares, generating $509,162 in total proceeds. Upon selling the shares at $108.68, the Director now owns 12,844 shares.

Before that, Betz Michael sold 3,500 shares. Adtalem Global Education Inc shares valued at $379,993 were divested by the Pres. Walden University & CDO at a price of $108.57 per share. As a result of the transaction, Betz Michael now holds 16,881 shares, worth roughly $1.75 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 0.15% to $103.47. Over the last five days, the stock has lost -3.40%. Adtalem Global Education Inc shares have risen nearly 13.89% since the year began. Nevertheless, the stocks have risen 108.48% over the past one year. While a 52-week high of $112.43 was reached on 01/31/25, a 52-week low of $45.16 was recorded on 01/13/25. SMA at 50 days reached $96.18, while 200 days put it at $78.84.

Levels Of Support And Resistance For ATGE Stock

The 24-hour chart illustrates a support level at 102.22, which if violated will result in even more drops to 100.96. On the upside, there is a resistance level at 105.07. A further resistance level may holdings at 106.66. The Relative Strength Index (RSI) on the 14-day chart is 54.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.23%. Stochastics %K at 45.33% indicates the stock is a holding.

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 2025-01-31, growing by 74317.0 shares to a total of 0.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.81 million shares. There was a rise of 8.39%, which implies that there is a positive sentiment for the stock.

Most Popular