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EdgarHawk

WARDELL LISA W

Director

Director
8 filings analyzed · 1 company · Latest 2025-08-29

Companies

Company Buys Sells Direction
Adtalem Global Education Inc. CVSA 0 25 Net selling

Activity

August 2025
medium
Sell
25,477 shares
$3,372,663
Significance 6/10

Director Wardell sold 25,477 shares of ATGE at $132.38 for $3.4M, reducing holdings 37.0%

Director Lisa W Wardell executed a substantial sale of 25,477 shares at $132.38, reducing her position by 37.0% from 68,928 to 43,451 shares. The transaction occurred at a price near the 52-week high of $136.25, with the stock trading -3.9% from that peak. Across her cross-ticker track record of 20 prior sales, Wardell's sells have averaged a 90-day return of +9.2%, indicating her timing on prior dispositions has been poor—the stock typically rose after she sold elsewhere. At ATGE specifically, her 3 prior measurable sales in 2024 were all poorly timed, with 90-day post-sale returns of +22.7%, +23.2%, and +23.0%, meaning the stock advanced significantly after she sold. This sale extends a recent pattern of multiple dispositions (two additional sales on 2025-08-27 and 2025-08-21), though the company's fundamentals appear solid with +12.8% annual revenue growth, a P/E of 14.16, and $60.8M in net income on $466.1M quarterly revenue.

medium
Sell
18,392 shares
$2,486,889
Significance 5/10

Director Wardell Lisa W sold 18,392 shares of ATGE at $135.22 on 2025-08-27 ($2.5M); stock now -1.2% from 52-week high after +18.2% in 30 days.

Director Wardell Lisa W divested 18,392 shares (21.1% of pre-transaction holdings) at $135.22, reducing her stake from 87,320 to 68,928 shares. The sale occurred near the 52-week high ($136.25), with the stock up 18.2% over the prior 30 days. Her same-ticker history at ATGE shows 4 prior measurable sells (all in September 2024), none of which were well-timed—each was followed by positive 90-day returns (ranging from 22.7% to 24.1%), meaning the insider sold before subsequent gains. This second sale in as many weeks (following a 2025-08-21 sale) occurs in a strong momentum context and at valuations the insider has previously misjudged on the downside. The company's fundamentals remain solid (P/E 14.55, $466.1M quarterly revenue, +12.8% annual growth, $60.8M net income), so the sale may reflect portfolio positioning rather than operational concern.

Sell
12,900 shares
$1,714,465
Significance 4/10

Director Wardell Lisa W sold 12.9K shares of ATGE at $132.90 (Aug 21); stock now at $135.33, near 52-week high

Director Wardell Lisa W sold 12,900 shares at $132.90 on 2025-08-21, reducing her holdings from 105,377 to 92,477 shares (-12.2%). The sale occurred as ATGE traded within 0.7% of its 52-week high and has appreciated 17.6% over the prior 30 days and 4.3% over 90 days. Her prior five trades at ATGE (all sells between late August and mid-September 2024) showed a 0% well-timed rate at the 90-day mark, with the stock rising substantially after each sale (ranging +19.8% to +24.1% over 90 days). This transaction follows the same pattern: a sale near cyclical peaks with no documented history of timing such sales before subsequent declines at this ticker. Fundamentals remain solid (revenue $466.1M, net income $60.8M, P/E 14.63), and the stock continues to perform well post-transaction.

September 2024
medium
Sell
75,268 shares
$5,478,468
Significance 6/10

Director WARDELL LISA W sold 75,268 shares for $5,478,468.34 in 2 separate transactions (Sept 12-13), reducing stake by 41.7%.

Director WARDELL LISA W executed two separate sales totaling 75,268 shares for $5,478,468.34 on September 12-13, 2024, at blended average price of $72.79, reducing her holdings from 180,353 to 105,085 shares (a 41.7% reduction). This represents a substantial liquidation of her position near the 52-week high of $79.32. Her cross-ticker track record shows a 90-day well-timed rate of 80.00% across 19 prior sells, though at ATGE specifically, prior trades remain too recent to measure outcomes. The stock trades at $72.86 currently, -1.6% over 30 days and +15.6% over 90 days, suggesting strength in the near term. The sale's size and concentration warrant investor attention to any additional disclosures that might accompany this partial exit from a director's position.

high
Sell
54,207 shares
$4,000,185
Significance 6/10

Director Wardell Lisa W sold 54,207 shares at avg $73.79 for $4.0M, reducing stake by 34% to 105,085 shares.

Director Wardell Lisa W executed 2 separate sales totaling 54,207 shares for $4,000,184.72 on 2024-09-03 and 2024-09-04 at blended average price $73.79. The sales reduced her post-transaction holdings to 105,085 shares, a 34.0% reduction from her pre-transaction position of 159,292 shares. The current stock price of $72.05 sits 9.2% below the 52-week high of $79.32, suggesting the insider executed these sales near elevated price levels; however, the stock has fallen 3.6% in the 30 days since the first trade date. Across her cross-ticker trading history, this insider's prior sells have posted a well-timed rate of 80.00%, indicating a pattern of selling before subsequent declines, though outcomes at ATGE specifically remain unmeasurable due to the recency of five prior ATGE sales executed between 2024-08-27 and 2024-08-30.

high
Sell
58,416 shares
$4,418,215
Significance 6/10

Director Wardell Lisa W sold 58,416 shares for $4,418,214.78 at ATGE in three transactions (Aug 29-30)

Director Wardell Lisa W sold 58,416 shares across three separate transactions on August 29–30 for a blended average of $75.63, reducing her holdings by 35.7% from 163,501 to 105,085 shares. The sale occurred near the 52-week high ($79.32), with the stock currently trading at $73.39. Her cross-ticker track record shows a 80.00% well-timed rate on 15 prior sells with an average 90-day return of -7.4%, but her prior five same-ticker trades at ATGE have all been sells with no yet-measurable outcomes. The scale and timing of this sale—executing three trades in consecutive trading days at elevated prices—merit monitoring alongside the company's solid fundamentals (revenue $412.7M, net income $36.8M, P/E 18.08) to assess whether this represents discrete liquidity needs or a broader shift in director sentiment.

August 2024
high
Sell
60,793 shares
$4,589,815
Significance 6/10

Director Lisa W. Wardell sold 60,793 shares at blended avg $75.50 for $4.6M, reducing holdings by 36.6%.

Director Lisa W. Wardell executed 3 separate sales totaling 60,793 shares for $4,589,814.74 at prices between $75.43–$75.60 on 2024-08-27 to 2024-08-28, reducing her stake from 165,878 shares to 105,085 shares. Her prior trades at ATGE show a 3 of 3 pattern of well-timed sells at the 90-day mark, with 90-day returns of -8.6%, -8.0%, and -10.9% following those prior sales. The current stock sits at $75.50 (within 4.8% of its 52-week high of $79.32) and is -3.5% over 30 days, suggesting the stock remains near recent strength. The substantial 36.6% reduction in her holding warrants investor attention, particularly given her consistent track record of selling before subsequent declines at this specific ticker.

high
Sell
67,330 shares
$4,815,085
Significance 7/10

Director Wardell Lisa W sold 67,330 shares of ATGE for $4.8M; holdings reduced 41.5%, extending a pattern of well-timed selling at this ticker.

Director Wardell Lisa W sold 67,330 shares (41.5% of pre-transaction holdings) for $4,815,084.75 on 2024-08-08, reducing her position to 94,804 shares. The sale occurred at $71.51 per share, now 0.76 points (1.1%) below the current price of $72.07. Her prior five trades at ATGE (all sells, conducted between 2023-11-08 and 2023-11-14) each generated negative 90-day returns ranging from -8.0% to -12.0%, establishing a 100% well-timed selling record at this ticker. The insider's cross-ticker track record shows 10 prior sells with an 80.00% well-timed rate and an average 90-day return of -7.4%. With ATGE trading at -9.1% from its 52-week high and fundamentals showing $412.7M quarterly revenue, $36.8M net income, and a 17.75 P/E, this substantial reduction in holdings warrants attention as it aligns with her demonstrated pattern of precursor positioning.

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