Barrington Research Forecasts Strong Price Appreciation for American Public Education (NASDAQ:APEI) Stock

American Public Education (NASDAQ:APEI) had its target price raised by Barrington Research from $18.00 to $24.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Barrington Research’s price target would suggest a potential upside of 30.08% from the stock’s previous close.

Several other brokerages also recently commented on APEI. StockNews.com downgraded shares of American Public Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th. B. Riley upped their price target on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Truist Financial cut their target price on American Public Education from $20.00 to $15.00 and set a “hold” rating for the company in a research note on Tuesday, August 13th.

American Public Education Stock Down 7.1 %

American Public Education stock opened at $18.45 on Wednesday. The company has a current ratio of 2.83, 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. The firm has a market capitalization of $326.57 million, a price-to-earnings ratio of 32.95, a price-to-earnings-growth ratio of 2.36 and a beta of 1.24. The firm’s fifty day moving average price is $15.08 and its two-hundred day moving average price is $16.24.

Insider Buying and Selling at American Public Education

In other American Public Education news, Director Michael David Braner purchased 59,179 shares of American Public Education stock in a transaction on Tuesday, August 20th. The shares were acquired at an average cost 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 approximately $25,131,066.40. The trade was a 3.42 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders purchased a total of 117,983 shares of company stock worth $1,747,393 over the last three months. 11.38% of the stock is owned by insiders.

Institutional Trading of American Public Education

Several hedge funds have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its holdings in American Public Education by 329.5% in the second quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company’s stock valued at $7,473,000 after acquiring an additional 326,091 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of American Public Education in the 1st quarter worth $2,159,000. Renaissance Technologies LLC raised its position in American Public Education by 14.5% in the 2nd quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock worth $17,651,000 after buying an additional 127,000 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of American Public Education during the third quarter valued at approximately $1,691,000. Finally, American Century Companies Inc. raised its stake in American Public Education by 43.6% during the 2nd quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock valued at $6,182,000 after buying an additional 106,689 shares during the last quarter. 79.62% of the stock is owned by institutional investors.

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.