On September 11, 2024, Maurice Herrera, Senior Vice President - Chief Marketing Officer of Adtalem Global Education Inc (ATGE, Financial), sold 8,165 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 14,750 shares of the company.
Adtalem Global Education Inc (ATGE, Financial) is an educational provider that offers a wide range of professional degree programs in various industries including healthcare, financial services, and business. The company operates several institutions, aiming to empower students to achieve their educational and career goals.
The shares were sold at a price of $70.54, valuing the transaction at approximately $575,908. This sale is part of a series of transactions by the insider over the past year, totaling 12,365 shares sold.
The insider transaction history for Adtalem Global Education Inc shows a trend of more sales than purchases among insiders. Over the past year, there have been 11 insider sells and no insider buys.
On the valuation front, Adtalem Global Education Inc has a market cap of $2.746 billion. The stock's price-earnings ratio is 21.37, which is above the industry median of 17.21. The GF Value, an intrinsic value estimate from GuruFocus, is $56.58, suggesting that the stock is modestly overvalued with a price-to-GF-Value ratio of 1.25.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance or stock valuation adjustments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
