President of Walden University Of Adtalem Global Education Sold 31% Of Their Shares

Anyone interested in Adtalem Global Education Inc. (NYSE:ATGE) should probably be aware that the President of Walden University, Michael Betz, recently divested US$380k worth of shares in the company, at an average price of US$109 each. The eyebrow raising move amounted to a reduction of 31% in their holding.

See our latest analysis for Adtalem Global Education

The Last 12 Months Of Insider Transactions At Adtalem Global Education

Over the last year, we can see that the biggest insider sale was by the Director, Lisa Wardell, for US$4.8m worth of shares, at about US$71.51 per share. That means that even when the share price was below the current price of US$107, an insider wanted to cash in some shares. 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. However, while insider selling is sometimes discouraging, it's only a weak signal. We note that the biggest single 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!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.7% of Adtalem Global Education shares, worth about US$67m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

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

Insiders sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. But it is good to see that Adtalem Global Education is growing earnings. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. 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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