Segall Bryant & Hamill LLC Purchases New Stake in American Public Education, Inc. (NASDAQ:APEI)

Segall Bryant & Hamill LLC acquired a new position in shares of American Public Education, Inc. (NASDAQ:APEI) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 114,656 shares of the company’s stock, valued at approximately $1,691,000.

A number of other large investors have also recently bought and sold shares of APEI. Renaissance Technologies LLC lifted its holdings in shares of American Public Education by 14.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock worth $17,651,000 after acquiring an additional 127,000 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of American Public Education by 7.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 592,213 shares of the company’s stock valued at $10,411,000 after purchasing an additional 42,984 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of American Public Education by 329.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company’s stock valued at $7,473,000 after purchasing an additional 326,091 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of American Public Education by 43.6% during the 2nd quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock worth $6,182,000 after buying an additional 106,689 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in shares of American Public Education by 121.3% during the 2nd quarter. Acadian Asset Management LLC now owns 194,365 shares of the company’s stock worth $3,414,000 after buying an additional 106,535 shares during the last quarter. 79.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Public Education

In related news, Director Michael David Braner purchased 14,393 shares of American Public Education stock in a transaction on Monday, August 26th. The shares were purchased at an average price of $15.69 per share, for a total transaction of $225,826.17. Following the transaction, the director now owns 1,846,299 shares of the company’s stock, valued at approximately $28,968,431.31. This represents a 0.79 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 11.38% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on APEI. Truist Financial boosted their target price on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 14th. Barrington Research increased their price objective on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. B. Riley boosted their target price on shares of American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, StockNews.com cut American Public Education from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th.

American Public Education Stock Up 1.3 %

Shares of NASDAQ APEI opened at $19.87 on Friday. The company has a 50 day simple moving average of $15.59 and a 200 day simple moving average of $16.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.65. American Public Education, Inc. has a 1 year low of $6.67 and a 1 year high of $21.04. The firm has a market cap of $351.94 million, a PE ratio of 35.48, a price-to-earnings-growth ratio of 2.71 and a beta of 1.24.

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.