American Public Education, Inc. (NASDAQ:APEI) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its stake in shares of American Public Education, Inc. (NASDAQ:APEI - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 944,720 shares of the company's stock after selling 23,402 shares during the period. Renaissance Technologies LLC owned about 5.33% of American Public Education worth $20,378,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of APEI. Invesco Ltd. increased its stake in shares of American Public Education by 379.5% in the fourth quarter. Invesco Ltd. now owns 282,325 shares of the company's stock worth $6,090,000 after purchasing an additional 223,447 shares in the last quarter. Pacific Ridge Capital Partners LLC bought a new stake in shares of American Public Education during the fourth quarter valued at approximately $2,287,000. State Street Corp boosted its position in shares of American Public Education by 27.2% during the third quarter. State Street Corp now owns 275,889 shares of the company's stock worth $4,069,000 after acquiring an additional 58,984 shares during the last quarter. Segall Bryant & Hamill LLC grew its stake in American Public Education by 51.3% during the fourth quarter. Segall Bryant & Hamill LLC now owns 173,447 shares of the company's stock valued at $3,741,000 after acquiring an additional 58,791 shares in the last quarter. Finally, Alberta Investment Management Corp purchased a new stake in American Public Education in the 4th quarter worth $858,000. Institutional investors own 79.62% of the company's stock.

Insider Buying and Selling at American Public Education

In other news, SVP Thomas Beckett sold 3,700 shares of the business's stock in a transaction dated Monday, March 10th. The stock was 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 $1,329,783.71. The trade was a 5.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 11.38% of the company's stock.

American Public Education Stock Up 0.4 %

NASDAQ:APEI traded up $0.10 during mid-day trading on Friday, hitting $24.15. 104,508 shares of the company's stock traded hands, compared to its average volume of 170,581. The company has a fifty day moving average of $22.29 and a 200 day moving average of $20.19. The company has a market capitalization of $435.57 million, a P/E ratio of 43.13, a P/E/G ratio of 1.05 and a beta of 1.47. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. American Public Education, Inc. has a twelve month low of $11.80 and a twelve month high of $25.60.

Analyst Ratings Changes

Several research firms have commented on APEI. Barrington Research reiterated an "outperform" rating and set a $24.00 price objective on shares of American Public Education in a research report on Friday, March 7th. William Blair upgraded American Public Education from a "market perform" rating to an "outperform" rating in a report on Friday, March 7th. B. Riley assumed coverage on shares of American Public Education in a research report on Friday, March 28th. They set a "buy" rating and a $28.00 price objective on the stock. Truist Financial upped their price target on shares of American Public Education from $20.00 to $24.00 and gave the company a "hold" rating in a report on Monday, March 10th. Finally, StockNews.com upgraded American Public Education from a "buy" rating to a "strong-buy" rating in a research report on Friday, March 7th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $25.33.

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.