EAM Investors LLC Purchases New Position in American Public Education, Inc. (NASDAQ:APEI)

EAM Investors LLC purchased a new stake in shares of American Public Education, Inc. (NASDAQ:APEI) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 40,846 shares of the company’s stock, valued at approximately $881,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its position in shares of American Public Education by 10.0% during the fourth quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock valued at $266,000 after buying an additional 1,120 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in American Public Education by 16.2% during the 4th quarter. JPMorgan Chase & Co. now owns 8,155 shares of the company’s stock worth $176,000 after acquiring an additional 1,134 shares during the last quarter. New York State Teachers Retirement System purchased a new position in American Public Education during the 4th quarter worth $31,000. R Squared Ltd bought a new stake in shares of American Public Education in the 4th quarter worth $38,000. Finally, Wells Fargo & Company MN raised its holdings in shares of American Public Education by 29.2% in the fourth quarter. Wells Fargo & Company MN now owns 9,057 shares of the company’s stock valued at $195,000 after purchasing an additional 2,049 shares during the last quarter. 79.62% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

APEI has been the topic of several analyst reports. B. Riley began coverage on shares of American Public Education in a report on Friday, March 28th. They set a “buy” rating and a $28.00 price target on the stock. William Blair raised American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. Truist Financial lifted their price target on American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a report on Monday, March 10th. StockNews.com upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 7th. Finally, Barrington Research reiterated an “outperform” rating and set a $24.00 target price on shares of American Public Education in a research note on Friday, March 7th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $25.33.

Insiders Place Their Bets

In other news, SVP Thomas Beckett sold 3,700 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the transaction, the senior vice president now owns 60,253 shares of the company’s stock, valued at $1,329,783.71. This represents a 5.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 11.38% of the company’s stock.

American Public Education Trading Down 0.3 %

Shares of APEI stock opened at $24.05 on Thursday. American Public Education, Inc. has a 12-month low of $11.80 and a 12-month high of $25.60. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average of $22.26 and a 200-day moving average of $20.12. The firm has a market cap of $433.77 million, a P/E ratio of 42.95, a PEG ratio of 1.05 and a beta of 1.47.

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.