American Public Education (NASDAQ:APEI) Downgraded to Hold Rating by StockNews.com

American Public Education (NASDAQ:APEI) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Thursday.

APEI has been the subject of several other reports. B. Riley lifted their price target on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Barrington Research lifted their price target on American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Truist Financial raised their price objective on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday.

American Public Education Stock Down 7.1 %

NASDAQ APEI traded down $1.40 during trading on Thursday, hitting $18.45. The company’s stock had a trading volume of 271,744 shares, compared to its average volume of 198,192. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.83 and a quick ratio of 2.83. The company has a market cap of $326.57 million, a PE ratio of 32.95, a P/E/G ratio of 2.36 and a beta of 1.24. The business’s 50 day simple moving average is $15.08 and its 200-day simple moving average is $16.24. American Public Education has a fifty-two week low of $5.41 and a fifty-two week high of $21.04.

Insider Transactions at American Public Education

In related news, Director Michael David Braner acquired 26,539 shares of American Public Education stock in a transaction on Thursday, August 22nd. The stock was purchased at an average cost of $14.71 per share, with a total value of $390,388.69. Following the purchase, the director now directly owns 1,824,820 shares in the company, valued at approximately $26,843,102.20. The trade was a 1.48 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders acquired 117,983 shares of company stock valued at $1,747,393. 11.38% of the stock is currently owned by corporate insiders.

Institutional Trading of American Public Education

Several hedge funds have recently modified their holdings of APEI. Innealta Capital LLC acquired a new position in American Public Education during the second quarter worth $34,000. Quarry LP grew its position in American Public Education by 94.0% during the second quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after acquiring an additional 2,261 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in American Public Education during the first quarter valued at about $130,000. MetLife Investment Management LLC lifted its stake in shares of American Public Education by 129.1% during the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after purchasing an additional 5,187 shares in the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of American Public Education during the first quarter worth about $141,000. 79.62% of the stock is owned by institutional investors and hedge funds.

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.