Peregrine Exits Entire Position in Adtalem Global Education
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Source: Fool
- Position Change: Peregrine Asset Advisers, Inc. fully exited its position in Adtalem Global Education in Q4 by selling 69,012 shares for an estimated $10.66 million, indicating a strategic shift in their investment focus.
- Financial Performance: Despite Adtalem's strong fiscal Q2 results, with revenue rising 12.4% year-over-year to $503 million and adjusted EPS increasing 34% to $2.43, Peregrine's exit may reflect a decision based on opportunity costs rather than business weakness.
- Market Reaction: As of January 30, Adtalem's shares were priced at $103.55, down about 1% over the past year, suggesting that while the company maintains solid performance, its competitive position in the education services market may be under pressure.
- Investment Strategy: Peregrine's portfolio is heavily weighted towards large-cap technology and index-based strategies, indicating a cautious stance towards mid-cap education services like Adtalem, which may not meet their growth expectations amid broader market trends.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
