American Public Education, Inc. (NASDAQ:APEI) SVP Thomas Beckett Sells 3,700 Shares

American Public Education, Inc. (NASDAQ:APEI) SVP Thomas Beckett sold 3,700 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $22.07, for a total value of $81,659.00. Following the completion of the transaction, the senior vice president now owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

American Public Education Price Performance

Shares of NASDAQ APEI traded down $0.58 during mid-day trading on Monday, reaching $22.92. The company had a trading volume of 320,167 shares, compared to its average volume of 167,388. The firm has a market cap of $405.96 million, a price-to-earnings ratio of 40.93, a PEG ratio of 1.05 and a beta of 1.30. The business’s 50-day simple moving average is $21.37 and its 200 day simple moving average is $18.65. American Public Education, Inc. has a one year low of $11.43 and a one year high of $25.60. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65.

Hedge Funds Weigh In On American Public Education

Hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in American Public Education by 4.8% in the fourth quarter. Ameriprise Financial Inc. now owns 761,534 shares of the company’s stock valued at $16,426,000 after acquiring an additional 34,817 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of American Public Education by 9.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 750,912 shares of the company’s stock valued at $16,197,000 after purchasing an additional 63,103 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of American Public Education by 8.0% during the 4th quarter. American Century Companies Inc. now owns 507,716 shares of the company’s stock worth $10,951,000 after buying an additional 37,492 shares in the last quarter. Bastion Asset Management Inc. bought a new stake in shares of American Public Education during the 4th quarter worth $9,563,000. Finally, Geode Capital Management LLC boosted its stake in American Public Education by 0.6% in the third quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock valued at $5,963,000 after buying an additional 2,573 shares in the last quarter. 79.62% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on APEI. William Blair raised shares of American Public Education from a “market perform” rating to an “outperform” rating in a research report on Friday. Truist Financial lifted their price target on American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a report on Monday. Barrington Research restated an “outperform” rating and issued a $24.00 price target on shares of American Public Education in a research note on Friday. Finally, StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $24.33.

About American Public Education

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.