Marshall Wace LLP Cuts Position in American Public Education, Inc. (NASDAQ:APEI)

Marshall Wace LLP decreased its stake in American Public Education, Inc. (NASDAQ:APEI - Free Report) by 65.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,354 shares of the company's stock after selling 88,582 shares during the period. Marshall Wace LLP owned approximately 0.26% of American Public Education worth $815,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Innealta Capital LLC acquired a new stake in shares of American Public Education during the 2nd quarter valued at approximately $34,000. Public Employees Retirement System of Ohio purchased a new stake in American Public Education during the first quarter worth $130,000. Hillsdale Investment Management Inc. acquired a new stake in American Public Education in the first quarter valued at $141,000. Cannon Global Investment Management LLC purchased a new position in shares of American Public Education in the first quarter valued at $145,000. Finally, Lazard Asset Management LLC acquired a new position in shares of American Public Education during the 1st quarter worth $182,000. Hedge funds and other institutional investors own 79.62% of the company's stock.

Insider Buying and Selling at American Public Education

In related news, Director Michael David Braner bought 59,179 shares of the firm's stock in a transaction that occurred on Tuesday, August 20th. The shares were acquired at an average cost of $14.05 per share, with a total value of $831,464.95. Following the completion of the transaction, the director now owns 1,788,688 shares of the company's stock, valued at approximately $25,131,066.40. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders acquired 182,287 shares of company stock worth $2,635,431 in the last 90 days. 11.38% of the stock is owned by company insiders.

American Public Education Trading Down 0.4 %

Shares of American Public Education stock traded down $0.06 during mid-day trading on Wednesday, hitting $13.71. 91,862 shares of the stock were exchanged, compared to its average volume of 208,872. The stock has a market capitalization of $240.95 million, a price-to-earnings ratio of -5.23, a price-to-earnings-growth ratio of 2.01 and a beta of 1.25. American Public Education, Inc. has a twelve month low of $4.05 and a twelve month high of $21.04. 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 company has a 50-day simple moving average of $15.13 and a 200 day simple moving average of $15.91.

American Public Education (NASDAQ:APEI - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The business had revenue of $152.90 million for the quarter, compared to the consensus estimate of $154.06 million. American Public Education had a net margin of 1.73% and a return on equity of 6.88%. Research analysts forecast that American Public Education, Inc. will post 0.49 EPS for the current year.

Wall Street Analyst Weigh In

APEI has been the topic of a number of research reports. Barrington Research lowered their price objective on shares of American Public Education from $24.00 to $18.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 7th. Truist Financial cut their price objective on American Public Education from $20.00 to $15.00 and set a "hold" rating for the company in a research report on Tuesday, August 13th. Finally, StockNews.com cut American Public Education from a "strong-buy" rating to a "buy" rating in a report on Wednesday, August 7th.

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.