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

American Public Education, Inc. (NASDAQ:APEI) SVP Thomas Beckett sold 3,700 shares of American Public Education stock in a transaction on Monday, March 10th. The stock was 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 directly owns 60,253 shares in the company, valued at $1,329,783.71. This represents a 5.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

American Public Education Trading Down 5.3 %

NASDAQ APEI opened at $21.83 on Thursday. The company has a market capitalization of $386.65 million, a PE ratio of 38.98, a P/E/G ratio of 1.05 and a beta of 1.30. The company has a fifty day moving average of $21.43 and a 200 day moving average of $18.79. American Public Education, Inc. has a 1 year low of $11.80 and a 1 year high of $25.60. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. Truist Financial boosted their price objective on shares of American Public Education from $20.00 to $24.00 and gave the company a “hold” rating in a report on Monday. 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, Barrington Research reissued an “outperform” rating and set a $24.00 price objective on shares of American Public Education in a report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $24.33.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. New York State Teachers Retirement System acquired a new position in American Public Education during the fourth quarter valued at $31,000. R Squared Ltd acquired a new position in American Public Education during the fourth quarter valued at $38,000. SG Americas Securities LLC acquired a new position in American Public Education during the fourth quarter valued at $121,000. Public Employees Retirement System of Ohio acquired a new position in American Public Education during the fourth quarter valued at $124,000. Finally, JPMorgan Chase & Co. lifted its position in American Public Education by 16.2% during 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. 79.62% of the stock is currently owned by institutional investors and hedge funds.

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.