Barrington Research Boosts American Public Education (NASDAQ:APEI) Price Target to $24.00

American Public Education (NASDAQ:APEI) had its price objective raised by Barrington Research from $18.00 to $24.00 in a research report report published on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the stock.

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

American Public Education Stock Performance

Shares of APEI stock opened at $19.85 on Wednesday. The firm has a market capitalization of $351.35 million, a price-to-earnings ratio of 35.45, a PEG ratio of 2.36 and a beta of 1.24. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. The business’s 50-day moving average price is $15.02 and its 200-day moving average price is $16.22. American Public Education has a 12 month low of $5.41 and a 12 month high of $21.04.

Insider Buying and Selling at American Public Education

In other news, Director Michael David Braner purchased 17,872 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were purchased at an average price of $16.77 per share, for a total transaction of $299,713.44. Following the transaction, the director now owns 1,922,610 shares of the company’s stock, valued at approximately $32,242,169.70. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders bought 117,983 shares of company stock valued at $1,747,393. 11.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. MetLife Investment Management LLC increased its holdings in American Public Education by 129.1% in 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. BNP Paribas Financial Markets grew its position in shares of American Public Education by 383.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,720 shares of the company’s stock worth $217,000 after buying an additional 11,677 shares during the period. FMR LLC increased its stake in shares of American Public Education by 350.3% in the 3rd quarter. FMR LLC now owns 11,658 shares of the company’s stock valued at $172,000 after acquiring an additional 9,069 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of American Public Education by 140.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 80,906 shares of the company’s stock valued at $1,193,000 after acquiring an additional 47,293 shares during the period. Finally, Segall Bryant & Hamill LLC bought a new position in American Public Education during the third quarter worth $1,691,000. 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.