B. Riley began coverage on shares of American Public Education (NASDAQ:APEI – Free Report) in a research note released on Friday. The brokerage issued a buy rating and a $28.00 price target on the stock.
A number of other analysts have also recently weighed in on the stock. William Blair raised shares of American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 7th. Truist Financial raised their price objective on American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a report on Monday, March 10th. Finally, Barrington Research reiterated an “outperform” rating and set a $24.00 target price on shares of American Public Education in a research report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, American Public Education currently has an average rating of “Buy” and a consensus price target of $25.33.
Check Out Our Latest Stock Report on APEI
American Public Education Trading Down 2.8 %
Insider Activity at American Public Education
In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the firm’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $22.07, for a total transaction of $81,659.00. Following the transaction, the senior vice president now directly owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. This trade represents a 5.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 11.38% of the stock is owned by insiders.
Institutional Investors Weigh In On American Public Education
Several hedge funds have recently made changes to their positions in the business. Victory Capital Management Inc. acquired a new position in American Public Education in the 3rd quarter valued at about $299,000. FMR LLC boosted its holdings in American Public Education by 350.3% in the 3rd quarter. FMR LLC now owns 11,658 shares of the company’s stock valued at $172,000 after purchasing an additional 9,069 shares in the last quarter. BNP Paribas Financial Markets increased its position in American Public Education by 383.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,720 shares of the company’s stock worth $217,000 after purchasing an additional 11,677 shares during the period. MetLife Investment Management LLC raised its stake in shares of American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after buying an additional 5,187 shares in the last quarter. Finally, Martingale Asset Management L P acquired a new stake in shares of American Public Education in the 3rd quarter valued at approximately $189,000. Institutional investors and hedge funds own 79.62% of the company’s stock.
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.
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