Barrington Research reissued their outperform rating on shares of American Public Education (NASDAQ:APEI – Free Report) in a research note published on Tuesday, Benzinga reports. They currently have a $18.00 price objective on the stock.
Other analysts have also issued research reports about the stock. Truist Financial decreased their target price on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating on the stock in a report on Tuesday, August 13th. StockNews.com cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th.
Get Our Latest Stock Report on APEI
American Public Education Price Performance
American Public Education (NASDAQ:APEI – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. American Public Education had a return on equity of 6.88% and a net margin of 1.73%. The business had revenue of $152.90 million during the quarter, compared to analyst estimates of $154.06 million. As a group, equities research analysts forecast that American Public Education will post 0.49 EPS for the current year.
Insider Activity at American Public Education
In related news, Director Michael David Braner purchased 64,304 shares of the business’s stock in a transaction on Wednesday, August 14th. The stock was acquired at an average price of $13.81 per share, with a total value of $888,038.24. Following the purchase, the director now directly owns 1,636,215 shares in the company, valued at approximately $22,596,129.15. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have purchased 182,287 shares of company stock valued at $2,635,431 over the last three months. 11.38% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On American Public Education
A number of hedge funds and other institutional investors have recently modified their holdings of APEI. BNP Paribas Financial Markets raised its holdings in shares of American Public Education by 13,583.7% during the 1st quarter. BNP Paribas Financial Markets now owns 18,473 shares of the company’s stock valued at $262,000 after buying an additional 18,338 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of American Public Education in the 1st quarter worth approximately $799,000. Russell Investments Group Ltd. purchased a new stake in shares of American Public Education in the 1st quarter valued at $211,000. Acadian Asset Management LLC grew its holdings in shares of American Public Education by 5,036.3% during the 1st quarter. Acadian Asset Management LLC now owns 87,830 shares of the company’s stock valued at $1,246,000 after purchasing an additional 86,120 shares during the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new position in American Public Education in the 1st quarter worth $141,000. 79.62% of the stock is currently owned by hedge funds and other institutional investors.
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.
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