American Public Education, Inc. (NASDAQ:APEI - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $32.24 and last traded at $31.39, with a volume of 449891 shares trading hands. The stock had previously closed at $31.13.
Wall Street Analysts Forecast Growth
APEI has been the subject of a number of research reports. Lake Street Capital upped their price objective on shares of American Public Education from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Northland Capmk upgraded shares of American Public Education to a "strong-buy" rating in a research note on Wednesday, June 18th. B. Riley reissued a "buy" rating on shares of American Public Education in a report on Tuesday, May 13th. Barrington Research upped their price target on shares of American Public Education from $24.00 to $32.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Finally, Northland Securities started coverage on shares of American Public Education in a report on Wednesday, June 18th. They issued an "outperform" rating and a $36.00 price target on the stock. One research analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $32.20.
Read Our Latest Research Report on American Public Education
American Public Education Trading Down 1.0%
The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.27 and a current ratio of 3.27. The stock has a market cap of $547.33 million, a PE ratio of 29.75, a PEG ratio of 1.44 and a beta of 1.57. The business has a 50-day moving average of $29.14 and a 200 day moving average of $24.69.
American Public Education (NASDAQ:APEI - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.26. American Public Education had a return on equity of 9.96% and a net margin of 3.86%. The company had revenue of $164.55 million for the quarter, compared to analyst estimates of $161.92 million. Equities research analysts predict that American Public Education, Inc. will post 0.47 EPS for the current fiscal year.
Insider Buying and Selling at American Public Education
In other news, Director 325 Capital Llc sold 214,396 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $28.04, for a total value of $6,011,663.84. Following the transaction, the director owned 1,181,005 shares of the company's stock, valued at approximately $33,115,380.20. This represents a 15.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nuno S. Fernandes sold 7,272 shares of the firm's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $27.11, for a total value of $197,143.92. Following the completion of the sale, the insider directly owned 85,459 shares in the company, valued at approximately $2,316,793.49. This represents a 7.84% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 669,736 shares of company stock valued at $19,211,182. Corporate insiders own 17.54% of the company's stock.
Institutional Trading of American Public Education
A number of large investors have recently bought and sold shares of the business. USA Financial Formulas bought a new stake in American Public Education during the 2nd quarter valued at $58,000. GAMMA Investing LLC grew its holdings in shares of American Public Education by 19,594.1% during the first quarter. GAMMA Investing LLC now owns 3,348 shares of the company's stock valued at $75,000 after buying an additional 3,331 shares during the last quarter. Parallel Advisors LLC bought a new stake in American Public Education in the 1st quarter worth approximately $89,000. Public Employees Retirement System of Ohio purchased a new position in shares of American Public Education during the 4th quarter worth $124,000. Finally, Militia Capital Partners LP lifted its stake in shares of American Public Education by 43.5% during the 1st quarter. Militia Capital Partners LP now owns 6,932 shares of the company's stock valued at $155,000 after buying an additional 2,100 shares in the last quarter. 79.62% of the stock is currently owned by institutional investors and hedge funds.
American Public Education Company Profile
(
Get Free Report)
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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