American Public Education (NASDAQ:APEI) Price Target Raised to $20.00

American Public Education (NASDAQ:APEI) had its price objective lifted by Truist Financial from $15.00 to $20.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s target price indicates a potential upside of 9.17% from the stock’s current price.

APEI has been the topic of several other research reports. Barrington Research upped their target price on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday. StockNews.com downgraded shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th. Finally, B. Riley upped 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.

American Public Education Trading Down 0.7 %

Shares of APEI opened at $18.32 on Thursday. The firm’s 50-day moving average price is $15.15 and its 200-day moving average price is $16.27. The firm has a market capitalization 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 company has a current ratio of 2.65, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. American Public Education has a 1-year low of $5.41 and a 1-year high of $21.04.

Insider Buying and Selling

In other American Public Education news, Director Michael David Braner acquired 59,179 shares of the stock in a transaction on Tuesday, August 20th. The stock was acquired at an average price of $14.05 per share, for a total transaction of $831,464.95. Following the completion of the transaction, the director now directly owns 1,788,688 shares of the company’s stock, valued at $25,131,066.40. This trade represents a 3.42 % 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 hyperlink. Over the last quarter, insiders purchased 117,983 shares of company stock worth $1,747,393. 11.38% of the stock is owned by insiders.

Institutional Investors Weigh In On American Public Education

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Orion Portfolio Solutions LLC raised its stake in shares of American Public Education by 3.0% in the third quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after acquiring an additional 1,517 shares during the period. Innealta Capital LLC purchased a new position in American Public Education in the 2nd quarter worth about $34,000. Quarry LP increased 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 worth $82,000 after buying an additional 2,261 shares during the period. Barclays PLC increased its stake in American Public Education by 17.4% in the 3rd quarter. Barclays PLC now owns 28,078 shares of the company’s stock worth $414,000 after buying an additional 4,167 shares during the period. Finally, Empowered Funds LLC increased its stake in American Public Education by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 86,299 shares of the company’s stock worth $1,273,000 after buying an additional 4,288 shares during the period. Hedge funds and other 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.