American Public Education (NASDAQ:APEI) Stock Passes Above 200 Day Moving Average of $13.23

Shares of American Public Education, Inc. (NASDAQ:APEI) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.23 and traded as high as $17.57. American Public Education shares last traded at $17.01, with a volume of 326,056 shares.

Wall Street Analyst Weigh In

Several research firms have commented on APEI. Truist Financial boosted their target price on shares of American Public Education from $6.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, March 6th. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 16th. Barrington Research upped their price objective on shares of American Public Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Wednesday, May 8th. Finally, B. Riley upped their price objective on shares of American Public Education from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th.

American Public Education Stock Up 3.4 %

The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.81 and a current ratio of 2.81. The company’s fifty day moving average is $16.50 and its 200-day moving average is $13.29.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, May 7th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.13. The firm had revenue of $154.43 million during the quarter, compared to the consensus estimate of $152.34 million. American Public Education had a negative net margin of 6.78% and a positive return on equity of 5.97%. On average, equities research analysts expect that American Public Education, Inc. will post 0.72 earnings per share for the current year.

Insider Activity

In other news, EVP Craig S. Macgibbon sold 6,519 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total transaction of $113,104.65. Following the completion of the transaction, the executive vice president now owns 37,751 shares of the company’s stock, valued at $654,979.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total value of $113,104.65. Following the completion of the transaction, the executive vice president now owns 37,751 shares of the company’s stock, valued at $654,979.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Craig S. Macgibbon sold 1,500 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $18.40, for a total transaction of $27,600.00. Following the completion of the transaction, the executive vice president now directly owns 41,783 shares of the company’s stock, valued at approximately $768,807.20. The disclosure for this sale can be found here. 11.38% of the stock is owned by company insiders.

Institutional Trading of American Public Education

Several hedge funds have recently modified their holdings of the company. Jacobs Levy Equity Management Inc. bought a new stake in shares of American Public Education during the first quarter valued at approximately $2,159,000. Acadian Asset Management LLC grew its stake in shares of American Public Education by 5,036.3% during the first quarter. Acadian Asset Management LLC now owns 87,830 shares of the company’s stock valued at $1,246,000 after purchasing an additional 86,120 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of American Public Education during the first quarter valued at approximately $799,000. Bailard Inc. bought a new stake in shares of American Public Education during the fourth quarter valued at approximately $266,000. Finally, Heron Bay Capital Management bought a new stake in shares of American Public Education during the fourth quarter valued at approximately $252,000. Institutional investors and hedge funds 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.