Adtalem Global Education Inc. is a leading global education provider and the parent organization of American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, Ross University School of Medicine and Ross University School of Veterinary Medicine.

Company profile
Ticker
ATGE
Exchange
Website
CEO
Lisa Wardell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Adtalem Global Education, DEVRY EDUCATION GROUP, DEVRY EDUCATION GROUP INC., DEVRY INC
SEC CIK
Corporate docs
Subsidiaries
Association of Certified Anti-Money Laundering Specialists LLC • International Education Holdings, Inc. • 1% owned by Adtalem Global Education Inc. • 1% owned by International Education Holdings, Inc. • 71.04% owned by Global Education International B.V. ...
IRS number
363150143
ATGE stock data
Press releases
Adtalem Global Education Medical Schools Partner with Southern California University to Expand Pipeline of Physicians
10 Aug 22
Chamberlain University, the No. 1 Educator of Nursing Students, Graduates more than 14,000i Nursing and Health Professionals Filling Critical Healthcare Workforce Gaps Nationally
4 Aug 22
Adtalem Global Education Announces Fiscal Fourth Quarter and Full Year 2022 Conference Call
28 Jul 22
David Pryluck, MD, MBA, Named Senior Associate Dean, Sint Maarten Campus of American University of the Caribbean School of Medicine
28 Jul 22
Chamberlain University's Master of Social Work Degree Program Granted Initial Accreditation by the Council on Social Work Education's Commission on Accreditation
25 Jul 22
Calendar
5 May 22
11 Aug 22
30 Jun 23
Financial summary
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Diluted EPS |
Annual (USD) | Jun 21 | Jun 20 | Jun 19 | Jun 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 790M | 790M | 790M | 790M | 790M | 790M |
Cash burn (monthly) | (no burn) | 39.97M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 174.9M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 615.1M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 15.4 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jun 22 | William V Krehbiel | Common Stock | Buy | Acquire P | No | No | 31.67 | 10,000 | 316.7K | 10,000 |
14 Jun 22 | Beck Douglas G. | Common Stock | Payment of exercise | Dispose F | No | No | 31.69 | 2,226 | 70.54K | 33,854 |
20 May 22 | James Raymond Bartholomew | Common Stock | Sell | Dispose S | No | No | 31.65 | 2,380 | 75.33K | 2,343 |
18 May 22 | Manjunath Gangadharan | Common Stock | Grant | Acquire A | No | No | 31.7 | 5,520 | 174.98K | 5,520 |
Institutional ownership, Q1 2022
0.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 3.72M |
Total shares | 125.76K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Westport Asset Management | 125.76K | $3.72M |
Financial report summary
?Management Discussion
- Management believes the decreased enrollments at Chamberlain and Walden, and to a lesser extent at Medical and Veterinary, are partially driven by disruptions in the nursing and healthcare markets caused by COVID-19. The amount of revenue, operating income, and earnings per share losses in the third quarter and first nine months of fiscal year 2022 driven by this disruption are not quantifiable. Management anticipates COVID-19 will continue to negatively affect consolidated revenue, operating income, and earnings per share during the remainder of fiscal year 2022 and beyond or for as long as the pandemic and the various surges continue. In the third quarter and first nine months of fiscal year 2022, we experienced higher variable expenses associated with bringing students back to campus and providing a safe environment in the context of COVID-19 as in-person instruction continues at Chamberlain and the medical and veterinary schools. These higher variable expenses are expected to continue during the remainder of fiscal year 2022; however, these are expenses incurred in the normal course of on campus operations and will not be categorized as COVID-19 expenses. COVID-19 effects on the third quarter and first nine months of fiscal year 2022 and 2021 results of operations of the Adtalem institutions are described below.
Content analysis
?Positive | ||
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H.S. sophomore Avg
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New words:
aftermath, ASR, bore, claim, Claimant, claimed, daily, flat, Indemnification, indemnify, indexed, modality, opted, recommenced, reduction, remitted, repaid, Richardo, thirteenth, Troubled, vintage, withdrawn
Removed:
admitted, amend, authoritative, conform, defend, defer, displayed, dollar, expiring, filing, merit, methodology, move, moved, performing, Richard, vigorously
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
6 Jun 22
8-K
Departure of Directors or Certain Officers
23 May 22
8-K
Adtalem Global Education Announces Fiscal Third Quarter 2022 Results
4 May 22
8-K
Departure of Directors or Certain Officers
18 Apr 22
8-K
Other Events
11 Apr 22
8-K
Entry into a Material Definitive Agreement
15 Mar 22
8-K
Completion of Acquisition or Disposition of Assets
10 Mar 22
8-K
Adtalem Intends to Significantly Reduce Leverage While Demonstrating Confidence in Go-Forward Strategy
1 Mar 22
8-K
Regulation FD Disclosure
17 Feb 22
8-K
Regulation FD Disclosure
8 Feb 22
Registration and prospectus
S-8
Registration of securities for employees
15 Nov 19
S-8
Registration of securities for employees
3 May 18
S-8
Registration of securities for employees
26 Aug 14
S-8
Registration of securities for employees
26 Aug 14
S-8
Registration of securities for employees
22 Dec 13
S-8
Registration of securities for employees
9 May 13
S-8
Registration of securities for employees
2 Sep 10
S-8 POS
Registration of securities for employees (post-effective amendment)
8 Jan 06
S-8
Registration of securities for employees
21 Dec 05
8-A12B
Registration of securities on exchange
23 Nov 04
Proxies
DEFA14A
Additional proxy soliciting materials
21 Oct 21
DEFA14A
Additional proxy soliciting materials
31 Oct 18
DEFA14A
Additional proxy soliciting materials
24 Oct 17
DEFA14A
Additional proxy soliciting materials
10 Oct 17
DEF 14A
Definitive proxy
3 Oct 17
DEFA14A
Additional proxy soliciting materials
3 Oct 17
Other
UPLOAD
Letter from SEC
7 May 20
CORRESP
Correspondence with SEC
22 Apr 20
UPLOAD
Letter from SEC
15 Apr 20
UPLOAD
Letter from SEC
5 Apr 20
UPLOAD
Letter from SEC
12 Apr 18
CORRESP
Correspondence with SEC
10 Apr 18
UPLOAD
Letter from SEC
27 Mar 18
UPLOAD
Letter from SEC
8 Feb 17
CORRESP
Correspondence with SEC
6 Feb 17
UPLOAD
Letter from SEC
24 Jan 17
Ownership
11-K
Annual report of employee stock purchases
24 Jun 22
4
Adtalem Global Education / DOUGLAS G. BECK ownership change
15 Jun 22
4
Adtalem Global Education / William V Krehbiel ownership change
15 Jun 22
3
Adtalem Global Education / William V Krehbiel ownership change
6 Jun 22
3
Adtalem Global Education / Michael Betz ownership change
23 May 22
4
Adtalem Global Education / James Raymond Bartholomew ownership change
23 May 22
4
Adtalem Global Education / Manjunath Gangadharan ownership change
20 May 22
4
Adtalem Global Education / James Raymond Bartholomew ownership change
16 May 22
4/A
Adtalem Global Education / Stephen W. Beard, ownership change
11 May 22
3
Adtalem Global Education / Manjunath Gangadharan ownership change
18 Apr 22
Transcripts
2022 Q3
Earnings call transcript
8 May 22
2022 Q2
Earnings call transcript
9 Feb 22
2022 Q1
Earnings call transcript
4 Nov 21
2021 Q4
Earnings call transcript
20 Aug 21
2021 Q3
Earnings call transcript
2 May 21
2021 Q2
Earnings call transcript
3 Feb 21
2021 Q1
Earnings call transcript
8 Nov 20
2020 Q4
Earnings call transcript
18 Aug 20
2020 Q3
Earnings call transcript
5 May 20
2020 Q2
Earnings call transcript
4 Feb 20
Reddit threads
Daily Discussion Thread - August 11th, 2022
11 Aug 22
Daily Discussion Thread - August 10th, 2022
10 Aug 22
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Picks for 2022-04-06
6 Apr 22
Home made screener using EDGAR
29 Mar 22
Daily Discussion Thread - February 8th, 2022
8 Feb 22
Daily Discussion Thread - February 7th, 2022
7 Feb 22
Daily Discussion Thread - November 3rd, 2021
3 Nov 21
Daily Discussion Thread - November 2nd, 2021
2 Nov 21