American Public Education (NASDAQ:APEI) PT Lowered to $15.00 at Truist Financial

American Public Education (NASDAQ:APEI) had its price objective lowered by Truist Financial from $20.00 to $15.00 in a report released on Tuesday morning, Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other equities analysts have also issued reports on the company. StockNews.com lowered American Public Education from a strong-buy rating to a buy rating in a report on Wednesday, August 7th. B. Riley lifted their target price on American Public Education from $15.00 to $16.00 and gave the company a buy rating in a research note on Tuesday, April 30th. Finally, Barrington Research cut their price target on American Public Education from $24.00 to $18.00 and set an outperform rating for the company in a research note on Wednesday, August 7th.

American Public Education Stock Up 6.1 %

APEI stock opened at $14.52 on Tuesday. The company has a market cap of $255.19 million, a price-to-earnings ratio of -5.54, a price-to-earnings-growth ratio of 1.72 and a beta of 1.31. The company has a fifty day moving average price of $17.11 and a 200 day moving average price of $14.98. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.81. American Public Education has a 12 month low of $4.05 and a 12 month high of $21.04.

Insider Activity at American Public Education

In other American Public Education news, EVP Craig S. Macgibbon sold 1,500 shares of the stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $18.40, for a total value of $27,600.00. Following the completion of the transaction, the executive vice president now directly owns 41,783 shares of the company’s stock, valued at $768,807.20. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total value of $113,104.65. Following the sale, the executive vice president now directly owns 37,751 shares of the company’s stock, valued at approximately $654,979.85. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Craig S. Macgibbon sold 1,500 shares of the firm’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $18.40, for a total transaction of $27,600.00. Following the transaction, the executive vice president now owns 41,783 shares of the company’s stock, valued at $768,807.20. The disclosure for this sale can be found here. Company insiders own 11.38% of the company’s stock.

Institutional Trading of American Public Education

Large investors have recently modified their holdings of the business. Sei Investments Co. purchased a new stake in American Public Education in the 2nd quarter valued at approximately $302,000. Renaissance Technologies LLC lifted its position in shares of American Public Education by 14.5% in the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock valued at $17,651,000 after acquiring an additional 127,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of American Public Education by 7.8% during the second quarter. Dimensional Fund Advisors LP now owns 592,213 shares of the company’s stock valued at $10,411,000 after acquiring an additional 42,984 shares during the last quarter. Cornercap Investment Counsel Inc. purchased a new stake in American Public Education during the 2nd quarter worth about $519,000. Finally, American Century Companies Inc. raised its stake in American Public Education by 43.6% in the 2nd quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock valued at $6,182,000 after purchasing an additional 106,689 shares during the last quarter. 79.62% of the stock is currently owned by institutional investors and hedge funds.

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.