Adtalem Global Education Director Lisa Wardell Sells 55% Of Holding

Some Adtalem Global Education Inc. (NYSE:ATGE) shareholders may be a little concerned to see that the Director, Lisa Wardell, recently sold a substantial US$4.8m worth of stock at a price of US$71.51 per share. That diminished their holding by a very significant 55%, which arguably implies a strong desire to reallocate capital.

See our latest analysis for Adtalem Global Education

Adtalem Global Education Insider Transactions Over The Last Year

Notably, that recent sale by Lisa Wardell is the biggest insider sale of Adtalem Global Education shares that we've seen in the last year. That means that an insider was selling shares at below the current price (US$72.07). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. It is worth noting that this sale was 55% of Lisa Wardell's holding.

Insiders in Adtalem Global Education didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of Adtalem Global Education

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.6% of Adtalem Global Education shares, worth about US$42m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Adtalem Global Education Tell Us?

Insiders sold Adtalem Global Education shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Adtalem Global Education is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We'd practice some caution before buying! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 1 warning sign for Adtalem Global Education you should know about.

But note: Adtalem Global Education may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.