Adtalem Global Education Inc. (ATGE)

In the past six months, Adtalem Global Education's stock price has been impacted by several events. On October 30, 2025, the company reported its first-quarter fiscal year 2026 results, with adjusted EPS up 35.7% year-over-year and revenue up 10.8%. Despite these positive results, ATGE shares declined by 30.9% the day following the earnings announcement, but have since drifted 17.6% higher. On November 5, 2025, Adtalem announced its plan to accelerate the execution of the remaining $136 million balance under its existing $150 million board-authorized share repurchase program, reaffirming its fiscal year 2026 outlook. The company also reported its second-quarter fiscal year 2026 earnings and revenues topped estimates, as announced around February 2, 2026. On February 6, 2026, Adtalem Global Education announced it would operate under a new name, Covista, with shares set to trade under the ticker CVSA on the New York Stock Exchange starting February 24, 2026. Over the past three months, Adtalem's shares have trended upward by 8.8%, outperforming the Zacks Schools industry's 6% growth.

While explicit information on demand seasonality for Adtalem Global Education's products and services is not detailed, the company's consistent reporting of enrollment growth suggests a steady demand rather than highly fluctuating seasonal patterns. This indicates that while there might be specific intake periods, the overall demand for its career-focused healthcare education remains robust and consistently growing.

Adtalem Global Education, Inc. is a U.S. corporation headquartered in Chicago, Illinois, and is a global provider of for-profit higher education. The company focuses on healthcare education and workforce solutions, emphasizing the post-secondary education sector. Adtalem aims to cultivate a diverse workforce by offering accessible, career-focused education in high-demand fields, including healthcare, technology, and business. Adtalem operates through three main segments: Chamberlain, Walden, and Medical and Veterinary, offering a wide array of degree and non-degree programs. Key institutions include Chamberlain University, Ross University School of Medicine, Ross University School of Veterinary Medicine, and Walden University.

Adtalem Global Education has a significant market presence in the United States and internationally. As of 2022, the company operated 27 campuses and provided courses in 209 countries and territories. In 2020, Adtalem's businesses had 26 campuses across four countries and fifteen U.S. states. The company utilizes a hybrid learning approach, offering both online and in-person educational experiences.

In the past year, Adtalem Global Education has demonstrated a positive brand reputation through various recognitions and strategic initiatives, including Forbes' listings and recognition as a best employer for veterans, new grads, and diversity. The company's rebranding to Covista aims to align its identity with its focused mission of addressing the national healthcare workforce shortage and expanding training capacity. Adtalem has also been at the forefront of integrating AI into its programs. Historically, the company, formerly known as DeVry Inc., rebranded to Adtalem Global Education in 2017 following a $100 million settlement with the FTC in 2016 regarding deceptive advertising.

Adtalem Global Education Inc. has substantial institutional ownership, with 704 institutional owners and shareholders holding a total of 43,116,465 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, iShares Core S&P Small-Cap ETF (IJR), Dimensional Fund Advisors Lp, Fmr Llc, State Street Corp, Ariel Investments, Llc, Vanguard Total Stock Market Index Fund Investor Shares (VTSMX), iShares Russell 2000 ETF (IWM), and Geode Capital Management, Llc. The largest individual shareholder is Dennis J. Keller, who owns 5.77 million shares, representing 16.72% of the company. Institutional shareholders collectively own 99.91% of Adtalem Global Education stock, while Adtalem Global Education insiders own 24.47%.