James Kenigsberg Sells 600 Shares of American Public Education, Inc. (NASDAQ:APEI) Stock

American Public Education, Inc. (NASDAQ:APEI) Director James Kenigsberg sold 600 shares of the firm’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $22.39, for a total value of $13,434.00. Following the transaction, the director now directly owns 26,432 shares of the company’s stock, valued at $591,812.48. This represents a 2.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

American Public Education Stock Down 0.5 %

Shares of NASDAQ:APEI opened at $21.87 on Friday. American Public Education, Inc. has a 52 week low of $10.30 and a 52 week high of $23.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The company has a market cap of $387.36 million, a PE ratio of 39.05, a price-to-earnings-growth ratio of 1.10 and a beta of 1.27. The firm has a 50 day simple moving average of $21.46 and a 200 day simple moving average of $17.93.

Institutional Trading of American Public Education

Several hedge funds and other institutional investors have recently modified their holdings of APEI. Bailard Inc. purchased a new stake in American Public Education in the 4th quarter worth about $373,000. Bank of New York Mellon Corp lifted its position in shares of American Public Education by 29.9% in the fourth quarter. Bank of New York Mellon Corp now owns 57,921 shares of the company’s stock worth $1,249,000 after purchasing an additional 13,344 shares in the last quarter. Alberta Investment Management Corp acquired a new stake in shares of American Public Education during the fourth quarter worth approximately $858,000. Principal Financial Group Inc. grew its position in American Public Education by 10.0% during the fourth quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock valued at $266,000 after purchasing an additional 1,120 shares in the last quarter. Finally, New York State Teachers Retirement System acquired a new position in American Public Education in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 79.62% of the company’s stock.

Analyst Ratings Changes

APEI has been the subject of a number of research analyst reports. 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 report on Thursday, November 7th. Truist Financial increased their target price on shares of American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a research note on Thursday, November 14th. Barrington Research lifted their price target on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, StockNews.com upgraded American Public Education from a “hold” rating to a “buy” rating in a research report on Thursday, January 2nd.

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.