American Public Education (NASDAQ:APEI) Share Price Passes Above 200 Day Moving Average – Time to Sell?

American Public Education, Inc. (NASDAQ:APEI)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $18.92 and traded as high as $22.73. American Public Education shares last traded at $22.38, with a volume of 102,733 shares.

Analysts Set New Price Targets

Several research analysts have recently issued reports on APEI shares. Truist Financial upped their price target on shares of American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a report on Monday, March 10th. William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. StockNews.com upgraded shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. Finally, Barrington Research reiterated an “outperform” rating and set a $24.00 price target on shares of American Public Education in a report on Friday, March 7th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, American Public Education currently has an average rating of “Buy” and an average target price of $24.33.

American Public Education Trading Up 3.2 %

The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a market cap of $402.75 million, a P/E ratio of 39.96, a PEG ratio of 1.05 and a beta of 1.30. The firm’s 50 day moving average is $21.47 and its two-hundred day moving average is $18.92.

Insider Buying and Selling

In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $22.07, for a total transaction of $81,659.00. Following the sale, the senior vice president now owns 60,253 shares of the company’s stock, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 11.38% of the stock is currently owned by insiders.

Institutional Trading of American Public Education

A number of institutional investors have recently bought and sold shares of APEI. New York State Teachers Retirement System bought a new stake in American Public Education during the fourth quarter valued at $31,000. R Squared Ltd bought a new position in shares of American Public Education during the 4th quarter worth about $38,000. SG Americas Securities LLC bought a new position in shares of American Public Education during the 4th quarter worth about $121,000. Public Employees Retirement System of Ohio bought a new position in shares of American Public Education during the 4th quarter worth about $124,000. Finally, MetLife Investment Management LLC boosted its position in shares of American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after purchasing an additional 5,187 shares in the last quarter. Institutional investors 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.