American Public Education (NASDAQ:APEI – Get Free Report) had its price objective lowered by equities researchers at Truist Financial from $20.00 to $15.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 8.23% from the stock’s current price.
Other analysts also recently issued reports about the stock. StockNews.com downgraded shares of American Public Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th. B. Riley upped their price objective on shares of American Public Education from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Finally, Barrington Research reduced their price target on shares of American Public Education from $24.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th.
Read Our Latest Stock Analysis on American Public Education
American Public Education Stock Up 3.0 %
Shares of APEI traded up $0.41 during mid-day trading on Tuesday, hitting $13.86. 525,818 shares of the company’s stock were exchanged, compared to its average volume of 223,676. The firm has a fifty day moving average of $17.24 and a two-hundred day moving average of $14.99. American Public Education has a twelve month low of $4.05 and a twelve month high of $21.04. The stock has a market cap of $243.59 million, a price-to-earnings ratio of -5.29, a P/E/G ratio of 1.72 and a beta of 1.31. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.38.
Insider Buying and Selling at American Public Education
In other American Public Education news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total value of $113,104.65. Following the completion of the sale, the executive vice president now directly owns 37,751 shares of the company’s stock, valued at approximately $654,979.85. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total value of $113,104.65. Following the completion of the transaction, the executive vice president now owns 37,751 shares in the company, valued at approximately $654,979.85. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Craig S. Macgibbon sold 1,500 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $18.40, for a total transaction of $27,600.00. Following the completion of the transaction, the executive vice president now owns 41,783 shares of the company’s stock, valued at approximately $768,807.20. The disclosure for this sale can be found here. Insiders own 11.38% of the company’s stock.
Institutional Investors Weigh In On American Public Education
A number of hedge funds have recently made changes to their positions in the company. Innealta Capital LLC acquired a new stake in shares of American Public Education during the 2nd quarter worth about $34,000. Public Employees Retirement System of Ohio acquired a new stake in American Public Education in the 1st quarter valued at about $130,000. Hillsdale Investment Management Inc. acquired a new stake in American Public Education in the 1st quarter valued at about $141,000. Ritholtz Wealth Management increased its position in American Public Education by 97.9% in the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock valued at $358,000 after acquiring an additional 10,081 shares in the last quarter. Finally, Cannon Global Investment Management LLC acquired a new stake in American Public Education in the 1st quarter valued at about $145,000. Institutional investors and hedge funds own 79.62% of the company’s stock.
American Public Education Company Profile
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.
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