American Public Education (NASDAQ:APEI) Stock Passes Above 200 Day Moving Average of $13.23

American Public Education, Inc. (NASDAQ:APEI)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $13.23 and traded as high as $17.57. American Public Education shares last traded at $17.01, with a volume of 326,056 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Truist Financial upped their price objective on shares of American Public Education from $6.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, March 6th. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 16th. B. Riley upped their price objective on shares of 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 upped their price objective on shares of American Public Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday, May 8th.

American Public Education Stock Performance

The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.81 and a current ratio of 2.81. The company’s 50 day moving average is $16.50 and its 200-day moving average is $13.29.

American Public Education (NASDAQ:APEI) last released its quarterly earnings data on Tuesday, May 7th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.13. American Public Education had a negative net margin of 6.78% and a positive return on equity of 5.97%. The firm had revenue of $154.43 million for the quarter, compared to the consensus estimate of $152.34 million. Equities research analysts predict that American Public Education, Inc. will post 0.72 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other 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 completion of the sale, the executive vice president now owns 37,751 shares in the company, valued at $654,979.85. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other 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 sale, the executive vice president now owns 41,783 shares in the company, valued at $768,807.20. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Craig S. Macgibbon sold 6,519 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $17.35, for a total transaction of $113,104.65. Following the sale, the executive vice president now owns 37,751 shares of the company’s stock, valued at approximately $654,979.85. The disclosure for this sale can be found here. Corporate insiders own 11.38% of the company’s stock.

Institutional Trading of American Public Education

Large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new stake in American Public Education during the first quarter worth about $130,000. Jump Financial LLC purchased a new stake in American Public Education during the fourth quarter worth about $137,000. Hillsdale Investment Management Inc. purchased a new stake in American Public Education during the first quarter worth about $141,000. Cannon Global Investment Management LLC purchased a new stake in American Public Education during the first quarter worth about $145,000. Finally, Lazard Asset Management LLC purchased a new stake in American Public Education during the first quarter worth about $182,000. Hedge funds and other institutional investors own 79.62% of the company’s stock.

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.