American Public Education (NASDAQ:APEI) Price Target Raised to $24.00

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

Other equities research analysts also recently issued reports about the stock. 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 reduced their target price on American Public Education from $20.00 to $15.00 and set a “hold” rating for the company in a report on Tuesday, August 13th. Finally, B. Riley lifted their price target on American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, November 7th.

American Public Education Price Performance

APEI opened at $18.32 on Wednesday. The firm’s fifty day moving average price is $15.15 and its two-hundred day moving average price is $16.29. The company has a market capitalization of $324.30 million, a price-to-earnings ratio of 32.71, a P/E/G ratio of 2.83 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.83. American Public Education has a 1 year low of $5.41 and a 1 year high of $21.04.

Insiders Place Their Bets

In other news, Director Michael David Braner purchased 14,393 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were purchased at an average price of $15.69 per share, with a total value of $225,826.17. Following the transaction, the director now directly owns 1,846,299 shares of the company’s stock, valued at approximately $28,968,431.31. This represents a 0.79 % 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. Over the last 90 days, insiders have purchased 117,983 shares of company stock valued at $1,747,393. Company insiders own 11.38% of the company’s stock.

Institutional Investors Weigh In On American Public Education

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Innealta Capital LLC purchased a new position in shares of American Public Education in the second quarter worth about $34,000. Quarry LP boosted its holdings in American Public Education by 94.0% in the 2nd quarter. Quarry LP now owns 4,666 shares of the company’s stock worth $82,000 after buying an additional 2,261 shares during the period. Public Employees Retirement System of Ohio purchased a new position in American Public Education in the 1st quarter valued at approximately $130,000. MetLife Investment Management LLC raised its holdings in American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after acquiring an additional 5,187 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of American Public Education during the first quarter worth $141,000. 79.62% of the stock is currently owned by institutional investors.

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.