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

American Public Education, Inc. (NASDAQ:APEI) SVP Thomas Beckett sold 3,700 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the sale, the senior vice president now owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. The trade was a 5.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

American Public Education Trading Down 2.5 %

NASDAQ APEI opened at $22.92 on Tuesday. The firm has a 50 day simple moving average of $21.40 and a 200-day simple moving average of $18.71. 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 one year low of $11.43 and a one year high of $25.60. 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.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jacobs Levy Equity Management Inc. boosted its stake in shares of American Public Education by 2.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 35,291 shares of the company’s stock valued at $761,000 after purchasing an additional 943 shares during the period. Principal Financial Group Inc. boosted its stake in shares of American Public Education by 10.0% in the fourth quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock valued at $266,000 after purchasing an additional 1,120 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of American Public Education by 16.2% in the fourth quarter. JPMorgan Chase & Co. now owns 8,155 shares of the company’s stock valued at $176,000 after purchasing an additional 1,134 shares during the period. New York State Teachers Retirement System purchased a new position in shares of American Public Education in the fourth quarter valued at approximately $31,000. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of American Public Education by 3.0% in the third quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after purchasing an additional 1,517 shares during the period. Hedge funds and other institutional investors own 79.62% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Barrington Research reaffirmed an “outperform” rating and set a $24.00 target price on shares of American Public Education in a research note on Friday. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Friday. Truist Financial increased their target price on shares of American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a research note on Monday. Finally, William Blair raised shares of American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday. One 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, American Public Education currently has a consensus rating of “Buy” and an average price target 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.