American Public Education (NASDAQ:APEI) Price Target Raised to $20.00

American Public Education (NASDAQ:APEI) had its price target raised by equities research analysts at Truist Financial from $15.00 to $20.00 in a report released on Thursday,Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s price objective indicates a potential upside of 8.23% from the company’s current price.

A number of other research firms have also recently commented on APEI. StockNews.com cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th. B. Riley raised their price target on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, Barrington Research upped their price objective on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday.

American Public Education Trading Down 6.9 %

APEI traded down $1.37 during trading on Thursday, reaching $18.48. The company had a trading volume of 56,942 shares, compared to its average volume of 197,194. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 0.37. The business has a 50 day simple moving average of $15.02 and a 200-day simple moving average of $16.22. The stock has a market cap of $327.10 million, a P/E ratio of 33.00, a PEG ratio of 2.36 and a beta of 1.24. American Public Education has a 52 week low of $5.41 and a 52 week high of $21.04.

Insider Transactions at American Public Education

In other American Public Education news, Director Michael David Braner acquired 26,539 shares of the stock in a transaction dated Thursday, August 22nd. The stock was purchased at an average price of $14.71 per share, with a total value of $390,388.69. Following the transaction, the director now directly owns 1,824,820 shares of the company’s stock, valued at $26,843,102.20. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have bought a total of 117,983 shares of company stock valued at $1,747,393 in the last 90 days. Insiders own 11.38% of the company’s stock.

Institutional Trading of American Public Education

Several large investors have recently bought and sold shares of APEI. Innealta Capital LLC acquired a new stake in shares of American Public Education during the second quarter worth $34,000. Quarry LP grew its stake in American Public Education by 94.0% during the 2nd quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after purchasing an additional 2,261 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of American Public Education in the first quarter valued at about $130,000. MetLife Investment Management LLC raised its stake in shares of American Public Education by 129.1% in the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after purchasing an additional 5,187 shares during the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of American Public Education during the first quarter worth about $141,000. Hedge funds and other institutional investors own 79.62% of the company’s stock.

American Public Education Company 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.