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

American Public Education, Inc. (NASDAQ:APEI) SVP Thomas Beckett sold 3,700 shares of American Public Education stock in a transaction that occurred 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 owns 60,253 shares of the company’s stock, valued at $1,329,783.71. This represents a 5.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

American Public Education Stock Down 2.5 %

APEI stock opened at $22.92 on Tuesday. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. American Public Education, Inc. has a twelve month low of $11.43 and a twelve month high of $25.60. The company’s 50 day moving average is $21.40 and its two-hundred day moving average is $18.71. The stock has a market cap of $405.96 million, a P/E ratio of 40.93, a PEG ratio of 1.05 and a beta of 1.30.

Wall Street Analyst Weigh In

APEI has been the subject of a number of recent research reports. StockNews.com upgraded shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Friday. William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday. Truist Financial lifted their price target 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, Barrington Research reissued an “outperform” rating and set a $24.00 price objective on shares of American Public Education in a report on Friday. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $24.33.

Institutional Trading of American Public Education

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APEI. Principal Financial Group Inc. acquired a new stake in American Public Education during the third quarter worth approximately $165,000. Los Angeles Capital Management LLC acquired a new position in shares of American Public Education in the 3rd quarter valued at $227,000. GSA Capital Partners LLP increased its holdings in shares of American Public Education by 184.0% in the 3rd quarter. GSA Capital Partners LLP now owns 31,963 shares of the company’s stock valued at $471,000 after acquiring an additional 20,710 shares during the period. Victory Capital Management Inc. acquired a new position in shares of American Public Education in the 3rd quarter valued at $299,000. Finally, Empowered Funds LLC increased its holdings in shares of American Public Education by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 86,299 shares of the company’s stock valued at $1,273,000 after acquiring an additional 4,288 shares during the period. Institutional investors and hedge funds own 79.62% of the company’s stock.

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.