First Sabrepoint Capital Acquires Stake in Adtalem Global Education
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy ATGE?
Source: Fool
- New Investment Position: On February 13, 2026, First Sabrepoint Capital Management LP disclosed a new position by acquiring 135,000 shares of Adtalem Global Education for an estimated $13.97 million, indicating confidence in the education sector.
- Asset Allocation Shift: This acquisition represents 5.39% of First Sabrepoint's 13F reportable AUM, reflecting a concentrated investment strategy in education and consumer sectors, suggesting strong conviction in future growth.
- Performance Momentum: Adtalem recently reported quarterly revenue of $503.4 million, up 12.4% year-over-year, alongside a 34.3% increase in adjusted EPS to $2.43, showcasing robust performance in the education market.
- Long-term Investment Potential: Adtalem raised its full-year adjusted EPS guidance to $7.80 to $8.00, with free cash flow reaching $368 million, indicating financial flexibility and growth potential, especially amid ongoing healthcare workforce shortages.
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Analyst Views on ATGE
Wall Street analysts forecast ATGE stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 92.920
Low
138.00
Averages
161.00
High
175.00
Current: 92.920
Low
138.00
Averages
161.00
High
175.00
About ATGE
Adtalem Global Education Inc. is a provider of healthcare education in the United States, preparing a diverse workforce with academic programs. Its healthcare programs include nursing, medicine, veterinary medicine, social and behavioral sciences and more. Its segments include Chamberlain, Walden, and Medical and Veterinary. Chamberlain segment offers degree and certificate programs in the nursing and health professions postsecondary education industry. Walden segment offers degree and certificate programs, including those in nursing, education, counseling, business, psychology, public health, social work and human services, public administration and public policy, and criminal justice. Medical and Veterinary segment offers degree and certificate programs in the medical and veterinary postsecondary education industry. This segment includes American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine.
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.
First Sabrepoint Capital Acquires Stake in Adtalem Global Education
- New Investment Position: On February 13, 2026, First Sabrepoint Capital Management LP disclosed a new position by acquiring 135,000 shares of Adtalem Global Education for an estimated $13.97 million, indicating confidence in the education sector.
- Asset Allocation Shift: This acquisition represents 5.39% of First Sabrepoint's 13F reportable AUM, reflecting a concentrated investment strategy in education and consumer sectors, suggesting strong conviction in future growth.
- Performance Momentum: Adtalem recently reported quarterly revenue of $503.4 million, up 12.4% year-over-year, alongside a 34.3% increase in adjusted EPS to $2.43, showcasing robust performance in the education market.
- Long-term Investment Potential: Adtalem raised its full-year adjusted EPS guidance to $7.80 to $8.00, with free cash flow reaching $368 million, indicating financial flexibility and growth potential, especially amid ongoing healthcare workforce shortages.
See More
Adtalem Rebrands as Covista, Focusing on Healthcare Education
- Strategic Shift: Under CEO Steve Beard, Adtalem Global Education has rebranded as Covista, focusing on healthcare education to address the growing workforce gap, which is expected to enhance the company's influence in the healthcare sector.
- Graduate Statistics: Covista produces 24,000 healthcare graduates annually, representing about 10% of America's nurses, and is the leading institution for MD graduates, showcasing its leadership in healthcare education.
- Partnership and Innovation: Covista has partnered with Google Cloud to launch an AI credentials program aimed at equipping healthcare students and professionals with technology skills, while also introducing new initiatives to support workforce development, reflecting its commitment to addressing industry challenges.
- Market Demand: With over 8.4 million open healthcare positions in the U.S., Covista is addressing workforce shortages through partnerships that provide tuition support and clinical training, projecting to produce over 400 new nurses annually, actively tackling the talent gap in healthcare.
See More
Covista Reinvents Healthcare Education Amid Workforce Shortage
- Healthcare Workforce Shortage: There are over 8.4 million open healthcare jobs in the U.S., representing more than two job openings for every unemployed healthcare worker, which, if unaddressed, could lead to a patient care crisis that Covista aims to mitigate.
- Strategic Rebranding: Covista, formerly Adtalem Global Education, focuses solely on healthcare education, graduating 24,000 students annually, which constitutes about 10% of the U.S. nursing workforce, thereby enhancing its market position and providing a larger pool of qualified talent for future healthcare services.
- Innovative Partnerships: Covista has partnered with Google Cloud to launch an AI credentials program designed to equip healthcare students and clinicians with the skills to effectively utilize technology, while also introducing initiatives to support mental health and career development for healthcare workers.
- Policy Challenges and Opportunities: Despite the Trump administration's restrictions on graduate loans, Covista remains optimistic that high-return investments in healthcare careers will attract more students, especially as the aging population continues to drive demand for healthcare services.
See More
Adtalem Rebrands to Covista Amid Strategic Transformation
- Company Rebranding: Adtalem Global Education is rebranding to Covista, marking the completion of its strategic transformation, with trading under the ticker CVSA on the NYSE set to begin on February 24, 2026, enhancing brand recognition and market positioning.
- Focus on Healthcare Education: The company shifted its focus to healthcare four years ago and now operates five accredited healthcare institutions in the U.S., serving over 97,000 students and 385,000 alumni, addressing the growing demand for healthcare professionals.
- Capacity Expansion Plans: Covista is looking to expand its educational capacity to help address the shortage of healthcare workers, a strategy that not only enhances the company's competitiveness in the healthcare education market but also contributes to providing more qualified healthcare professionals to society.
- Financial Performance: Covista's latest earnings report indicates an adjusted EPS guidance increase to 17-20% growth, with continued enrollment momentum showcasing the company's strong performance in healthcare education, further solidifying its market position.
See More
Adtalem Rebrands as Covista, Focuses on Healthcare Education
- Rebranding Initiative: Adtalem Global Education has announced its rebranding to Covista, marking the completion of a four-year transformation into America's largest healthcare educator, with plans to trade under the ticker CVSA on the NYSE starting February 24, 2026.
- Educational Scale: Covista operates five accredited institutions serving over 97,000 students and 385,000 alumni, graduating 24,000 healthcare professionals annually, including 10% of America's nurses, underscoring its critical role in healthcare workforce development.
- Addressing Workforce Crisis: The Covista Care Capacity Monitor reveals that the U.S. healthcare workforce shortage is directly impacting patient care quality, necessitating immediate collaborative action among educators, employers, and policymakers to tackle this urgent issue.
- Investment Commitment: Covista has launched the “Covista Open Doors” initiative, aimed at inspiring individuals to pursue healthcare careers through career exploration, scholarships, and mental health support, ensuring a sustainable pipeline of future healthcare professionals.
See More
Covista's Strategic Transformation Enhances Healthcare Education
- Rebranding and Strategic Positioning: Adtalem Global Education announced its name change to Covista, marking the completion of a four-year transformation into America's largest healthcare educator, with plans to trade under the ticker CVSA on February 24, 2026, highlighting its critical role in healthcare workforce development.
- Graduate Numbers and Impact: Covista graduates 24,000 healthcare professionals annually, including 10% of America's nurses, and produces twice as many MDs as any other U.S. medical school, underscoring its significance in addressing the healthcare talent shortage.
- New Research Reveals Crisis Status: The Covista Care Capacity Monitor indicates over 702,000 healthcare job vacancies each month, with only 306,000 unemployed healthcare workers available to fill them, emphasizing the severe human resource crisis facing the healthcare industry.
- Investment and Future Commitment: Covista will unveil its long-term strategy to expand healthcare education capacity at the Investor Day on February 24, emphasizing investment priorities aimed at addressing workforce shortages, which is expected to generate attractive returns for shareholders.
See More
First Sabrepoint Capital Acquires Stake in Adtalem Global Education
- New Investment Position: On February 13, 2026, First Sabrepoint Capital Management LP disclosed a new position by acquiring 135,000 shares of Adtalem Global Education for an estimated $13.97 million, indicating confidence in the education sector.
- Asset Allocation Shift: This acquisition represents 5.39% of First Sabrepoint's 13F reportable AUM, reflecting a concentrated investment strategy in education and consumer sectors, suggesting strong conviction in future growth.
- Performance Momentum: Adtalem recently reported quarterly revenue of $503.4 million, up 12.4% year-over-year, alongside a 34.3% increase in adjusted EPS to $2.43, showcasing robust performance in the education market.
- Long-term Investment Potential: Adtalem raised its full-year adjusted EPS guidance to $7.80 to $8.00, with free cash flow reaching $368 million, indicating financial flexibility and growth potential, especially amid ongoing healthcare workforce shortages.
See More
Adtalem Rebrands as Covista, Focusing on Healthcare Education
- Strategic Shift: Under CEO Steve Beard, Adtalem Global Education has rebranded as Covista, focusing on healthcare education to address the growing workforce gap, which is expected to enhance the company's influence in the healthcare sector.
- Graduate Statistics: Covista produces 24,000 healthcare graduates annually, representing about 10% of America's nurses, and is the leading institution for MD graduates, showcasing its leadership in healthcare education.
- Partnership and Innovation: Covista has partnered with Google Cloud to launch an AI credentials program aimed at equipping healthcare students and professionals with technology skills, while also introducing new initiatives to support workforce development, reflecting its commitment to addressing industry challenges.
- Market Demand: With over 8.4 million open healthcare positions in the U.S., Covista is addressing workforce shortages through partnerships that provide tuition support and clinical training, projecting to produce over 400 new nurses annually, actively tackling the talent gap in healthcare.
See More
Covista Reinvents Healthcare Education Amid Workforce Shortage
- Healthcare Workforce Shortage: There are over 8.4 million open healthcare jobs in the U.S., representing more than two job openings for every unemployed healthcare worker, which, if unaddressed, could lead to a patient care crisis that Covista aims to mitigate.
- Strategic Rebranding: Covista, formerly Adtalem Global Education, focuses solely on healthcare education, graduating 24,000 students annually, which constitutes about 10% of the U.S. nursing workforce, thereby enhancing its market position and providing a larger pool of qualified talent for future healthcare services.
- Innovative Partnerships: Covista has partnered with Google Cloud to launch an AI credentials program designed to equip healthcare students and clinicians with the skills to effectively utilize technology, while also introducing initiatives to support mental health and career development for healthcare workers.
- Policy Challenges and Opportunities: Despite the Trump administration's restrictions on graduate loans, Covista remains optimistic that high-return investments in healthcare careers will attract more students, especially as the aging population continues to drive demand for healthcare services.
See More
Adtalem Rebrands to Covista Amid Strategic Transformation
- Company Rebranding: Adtalem Global Education is rebranding to Covista, marking the completion of its strategic transformation, with trading under the ticker CVSA on the NYSE set to begin on February 24, 2026, enhancing brand recognition and market positioning.
- Focus on Healthcare Education: The company shifted its focus to healthcare four years ago and now operates five accredited healthcare institutions in the U.S., serving over 97,000 students and 385,000 alumni, addressing the growing demand for healthcare professionals.
- Capacity Expansion Plans: Covista is looking to expand its educational capacity to help address the shortage of healthcare workers, a strategy that not only enhances the company's competitiveness in the healthcare education market but also contributes to providing more qualified healthcare professionals to society.
- Financial Performance: Covista's latest earnings report indicates an adjusted EPS guidance increase to 17-20% growth, with continued enrollment momentum showcasing the company's strong performance in healthcare education, further solidifying its market position.
See More
Adtalem Rebrands as Covista, Focuses on Healthcare Education
- Rebranding Initiative: Adtalem Global Education has announced its rebranding to Covista, marking the completion of a four-year transformation into America's largest healthcare educator, with plans to trade under the ticker CVSA on the NYSE starting February 24, 2026.
- Educational Scale: Covista operates five accredited institutions serving over 97,000 students and 385,000 alumni, graduating 24,000 healthcare professionals annually, including 10% of America's nurses, underscoring its critical role in healthcare workforce development.
- Addressing Workforce Crisis: The Covista Care Capacity Monitor reveals that the U.S. healthcare workforce shortage is directly impacting patient care quality, necessitating immediate collaborative action among educators, employers, and policymakers to tackle this urgent issue.
- Investment Commitment: Covista has launched the “Covista Open Doors” initiative, aimed at inspiring individuals to pursue healthcare careers through career exploration, scholarships, and mental health support, ensuring a sustainable pipeline of future healthcare professionals.
See More
Covista's Strategic Transformation Enhances Healthcare Education
- Rebranding and Strategic Positioning: Adtalem Global Education announced its name change to Covista, marking the completion of a four-year transformation into America's largest healthcare educator, with plans to trade under the ticker CVSA on February 24, 2026, highlighting its critical role in healthcare workforce development.
- Graduate Numbers and Impact: Covista graduates 24,000 healthcare professionals annually, including 10% of America's nurses, and produces twice as many MDs as any other U.S. medical school, underscoring its significance in addressing the healthcare talent shortage.
- New Research Reveals Crisis Status: The Covista Care Capacity Monitor indicates over 702,000 healthcare job vacancies each month, with only 306,000 unemployed healthcare workers available to fill them, emphasizing the severe human resource crisis facing the healthcare industry.
- Investment and Future Commitment: Covista will unveil its long-term strategy to expand healthcare education capacity at the Investor Day on February 24, emphasizing investment priorities aimed at addressing workforce shortages, which is expected to generate attractive returns for shareholders.
See More
