American Public Education, Inc. (NASDAQ:APEI) Director Michael David Braner Buys 64,304 Shares

American Public Education, Inc. (NASDAQ:APEI) Director Michael David Braner bought 64,304 shares of the business’s stock in a transaction on Wednesday, August 14th. The stock was bought at an average price of $13.81 per share, with a total value of $888,038.24. Following the transaction, the director now owns 1,636,215 shares in the company, valued at $22,596,129.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

American Public Education Stock Performance

NASDAQ:APEI opened at $14.83 on Friday. American Public Education, Inc. has a 1 year low of $4.05 and a 1 year high of $21.04. The firm’s fifty day simple moving average is $17.08 and its 200 day simple moving average is $15.04. The company has a current ratio of 2.81, a quick ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $260.64 million, a PE ratio of -5.66, a PEG ratio of 1.72 and a beta of 1.31.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of APEI. Innealta Capital LLC acquired a new position in American Public Education in the 2nd quarter valued at $34,000. Quarry LP grew its stake in American Public Education by 94.0% in the 2nd quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after buying an additional 2,261 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in American Public Education in the 1st quarter valued at $130,000. Jump Financial LLC acquired a new position in American Public Education in the 4th quarter valued at $137,000. Finally, Hillsdale Investment Management Inc. acquired a new position in American Public Education in the 1st quarter valued at $141,000. 79.62% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Truist Financial cut their price target 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 downgraded shares of American Public Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th. Barrington Research cut their price target on shares of American Public Education from $24.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Finally, B. Riley raised their price target on shares of American Public Education from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, April 30th.

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.