Insider Selling: American Public Education, Inc. (NASDAQ:APEI) Director Sells 600 Shares of Stock

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

American Public Education Stock Up 4.6 %

Shares of APEI traded up $1.00 during midday trading on Monday, hitting $22.87. The company had a trading volume of 82,486 shares, compared to its average volume of 85,608. The company's 50-day simple moving average is $21.46 and its 200-day simple moving average is $17.90. 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 firm has a market capitalization of $405.03 million, a P/E ratio of 40.97, a P/E/G ratio of 1.09 and a beta of 1.27. American Public Education, Inc. has a 1 year low of $10.30 and a 1 year high of $23.84.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. B. Riley raised their target price on American Public Education from $22.00 to $25.00 and gave the company a "buy" rating in a report on Thursday, November 7th. StockNews.com upgraded American Public Education from a "hold" rating to a "buy" rating in a report on Thursday, January 2nd. Barrington Research lifted their price objective on American Public Education from $18.00 to $24.00 and gave the company an "outperform" rating in a research note on Wednesday, November 13th. Finally, Truist Financial lifted their price objective on American Public Education from $15.00 to $20.00 and gave the company a "hold" rating in a research note on Thursday, November 14th.

Institutional Investors Weigh In On American Public Education

Several hedge funds and other institutional investors have recently made changes to their positions in the business. New York State Teachers Retirement System acquired a new position in American Public Education during the fourth quarter worth approximately $31,000. R Squared Ltd acquired a new position in American Public Education during the fourth quarter worth approximately $38,000. SG Americas Securities LLC acquired a new position in American Public Education during the fourth quarter worth approximately $121,000. MetLife Investment Management LLC increased its position in 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 buying an additional 5,187 shares during the period. Finally, Principal Financial Group Inc. acquired a new position in American Public Education during the third quarter worth approximately $165,000. Institutional investors and hedge funds own 79.62% of the company's stock.

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.