American Public Education (NASDAQ:APEI) Given New $24.00 Price Target at Barrington Research

American Public Education (NASDAQ:APEI) had its price objective lifted by Barrington Research from $18.00 to $24.00 in a research report report published on Wednesday,Benzinga reports. Barrington Research currently has an outperform rating on the stock.

A number of other research firms also recently weighed in on APEI. B. Riley increased their target price on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Truist Financial lowered their target price on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating for the company in a research note on Tuesday, August 13th. Finally, StockNews.com cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 7th.

American Public Education Trading Down 0.7 %

Shares of APEI stock opened at $18.32 on Wednesday. American Public Education has a 1-year low of $5.41 and a 1-year high of $21.04. The company has a current ratio of 2.65, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. The stock has a market cap of $324.30 million, a price-to-earnings ratio of 32.71, a PEG ratio of 2.83 and a beta of 1.24. The stock has a 50-day moving average of $15.15 and a 200-day moving average of $16.29.

Insider Transactions at American Public Education

In other news, Director Michael David Braner bought 14,393 shares of American Public Education stock in a transaction dated Monday, August 26th. The stock was bought at an average cost of $15.69 per share, for a total transaction of $225,826.17. Following the purchase, the director now directly owns 1,846,299 shares in the company, valued at approximately $28,968,431.31. This represents a 0.79 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased a total of 117,983 shares of company stock valued at $1,747,393 in the last quarter. 11.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of American Public Education by 13,583.7% during the first quarter. BNP Paribas Financial Markets now owns 18,473 shares of the company’s stock valued at $262,000 after acquiring an additional 18,338 shares in the last quarter. Empowered Funds LLC acquired a new position in American Public Education during the first quarter worth $799,000. Russell Investments Group Ltd. bought a new position in shares of American Public Education in the first quarter valued at $211,000. Acadian Asset Management LLC grew its holdings 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 buying an additional 86,120 shares during the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of American Public Education during the first quarter worth about $141,000. 79.62% of the stock is 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.