On August 8, 2024, Lisa Wardell, Director at Adtalem Global Education Inc (NYSE:ATGE), sold 67,330 shares of the company. The transaction was documented in a recent SEC filing. After this sale, the insider now owns 94,804 shares of Adtalem Global Education Inc.
Adtalem Global Education Inc. is a human resources solutions and education services provider. The company offers programs in the fields of medicine and healthcare, financial services, and business and law, among others, aimed at professional training and certification.
Over the past year, Lisa Wardell has sold a total of 362,128 shares and purchased no shares of the company. This recent sale is part of a broader trend at Adtalem Global Education Inc, where there have been 8 insider sales and no insider purchases over the past year.
On the day of the sale, Adtalem Global Education Inc.’s share price was $71.51. This price gives the company a market capitalization of approximately $2.716 billion. The price-to-earnings ratio is 21.13, which is higher than the industry average of 18.59.
The GF Value of the stock is estimated at $56.08, which represents a Price to GF Value ratio of 1.28. This suggests that Adtalem Global Education Inc. is slightly overvalued based on its GF Value.
The GF Value is calculated by taking into account historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, along with a GuruFocus adjustment factor based on past earnings and growth as well as Morningstar analyst estimates of future business performance.
This insider sale could be of interest to investors who track insider behavior and evaluate the stock’s valuation metrics relative to its current trading price.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
