American Public Education (NASDAQ:APEI) Stock Crosses Above 200 Day Moving Average of $12.92

American Public Education, Inc. (NASDAQ:APEI)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.92 and traded as high as $16.49. American Public Education shares last traded at $16.34, with a volume of 341,423 shares changing hands.

Analyst Upgrades and Downgrades

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

American Public Education Price Performance

The company has a market cap of $287.26 million, a P/E ratio of -6.24, a PEG ratio of 1.49 and a beta of 1.30. 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 has a fifty day moving average price of $15.93 and a two-hundred day moving average price of $12.92.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($0.06) EPS 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 analysts’ expectations 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, sell-side analysts anticipate that American Public Education, Inc. will post 0.72 earnings per share for the current fiscal year.

Insider Activity at American Public Education

In related news, EVP Craig S. Macgibbon sold 6,519 shares of American Public Education stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $17.35, for a total transaction of $113,104.65. Following the completion of the sale, the executive vice president now directly owns 37,751 shares of the company’s stock, valued at approximately $654,979.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, EVP Craig S. Macgibbon sold 1,500 shares of the company’s stock in a transaction on 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 sale, the executive vice president now directly owns 41,783 shares in the company, valued at approximately $768,807.20. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Craig S. Macgibbon sold 6,519 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president now owns 37,751 shares in the company, valued at $654,979.85. The disclosure for this sale can be found here. 11.38% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio acquired a new position in shares of American Public Education during the first quarter worth $130,000. Jump Financial LLC bought a new stake in shares of American Public Education in the 4th quarter valued at $137,000. Hillsdale Investment Management Inc. acquired a new stake in shares of American Public Education in the 1st quarter valued at about $141,000. Cannon Global Investment Management LLC acquired a new position in shares of American Public Education during the first quarter worth approximately $145,000. Finally, Lazard Asset Management LLC bought a new position in shares of American Public Education in the first quarter valued at $182,000. 79.62% of the stock is currently owned by institutional investors.

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.