State of Wyoming cut its stake in shares of American Public Education, Inc. (NASDAQ:APEI – Free Report) by 31.5% during the 4th quarter, HoldingsChannel reports. The firm owned 19,526 shares of the company’s stock after selling 8,962 shares during the period. State of Wyoming’s holdings in American Public Education were worth $421,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in APEI. Systematic Financial Management LP grew its stake in shares of American Public Education by 2.0% during the fourth quarter. Systematic Financial Management LP now owns 353,184 shares of the company’s stock worth $7,618,000 after buying an additional 6,909 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of American Public Education by 10.2% during the 4th quarter. Lazard Asset Management LLC now owns 75,019 shares of the company’s stock valued at $1,618,000 after acquiring an additional 6,921 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of American Public Education by 2.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 35,291 shares of the company’s stock valued at $761,000 after acquiring an additional 943 shares in the last quarter. Deutsche Bank AG grew its position in American Public Education by 27.0% during the 4th quarter. Deutsche Bank AG now owns 14,116 shares of the company’s stock worth $304,000 after acquiring an additional 2,997 shares during the last quarter. Finally, Bridgeway Capital Management LLC increased its holdings in American Public Education by 2.1% in the 4th quarter. Bridgeway Capital Management LLC now owns 209,616 shares of the company’s stock worth $4,521,000 after purchasing an additional 4,324 shares in the last quarter. 79.62% of the stock is currently owned by institutional investors and hedge funds.
American Public Education Stock Down 2.0%
Shares of APEI opened at $28.78 on Wednesday. The stock’s 50-day moving average price is $24.09 and its two-hundred day moving average price is $22.01. American Public Education, Inc. has a 12 month low of $11.80 and a 12 month high of $30.09. The company has a market capitalization of $519.19 million, a PE ratio of 51.39, a PEG ratio of 1.05 and a beta of 1.56. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37.
Insiders Place Their Bets
In related news, SVP Thomas Beckett sold 3,700 shares of American Public Education 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 completion of the transaction, the senior vice president now owns 60,253 shares of the company’s stock, valued at $1,329,783.71. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nuno S. Fernandes sold 7,272 shares of the business’s stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $27.11, for a total transaction of $197,143.92. Following the completion of the transaction, the insider now owns 85,459 shares in the company, valued at approximately $2,316,793.49. The trade was a 7.84% decrease in their position. The disclosure for this sale can be found here. Company insiders own 17.54% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have commented on APEI shares. StockNews.com upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 7th. Barrington Research upped their price objective on American Public Education from $24.00 to $32.00 and gave the company an “outperform” rating in a research note on Tuesday, May 13th. Truist Financial raised their price objective on shares of American Public Education from $24.00 to $30.00 and gave the company a “hold” rating in a report on Wednesday, May 14th. William Blair raised shares of American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. Finally, Lake Street Capital upped their price target on shares of American Public Education from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, May 13th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, American Public Education presently has a consensus rating of “Buy” and an average target price of $31.25.
Get Our Latest Research Report on American Public Education
American Public Education Profile
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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