Navellier & Associates Inc. raised its holdings in shares of American Public Education, Inc. (NASDAQ:APEI – Free Report) by 158.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,690 shares of the company’s stock after acquiring an additional 18,837 shares during the period. Navellier & Associates Inc. owned approximately 0.17% of American Public Education worth $1,648,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. UBS Group AG lifted its position in American Public Education by 9.3% in the fourth quarter. UBS Group AG now owns 263,533 shares of the company’s stock worth $9,962,000 after purchasing an additional 22,472 shares during the period. Royce & Associates LP boosted its stake in American Public Education by 10.7% during the 4th quarter. Royce & Associates LP now owns 358,543 shares of the company’s stock valued at $13,553,000 after purchasing an additional 34,751 shares in the last quarter. PVG Asset Management Corp increased its position in shares of American Public Education by 502.3% during the 1st quarter. PVG Asset Management Corp now owns 42,935 shares of the company’s stock valued at $2,220,000 after purchasing an additional 35,807 shares during the period. CenterBook Partners LP raised its stake in shares of American Public Education by 19.8% in the 4th quarter. CenterBook Partners LP now owns 119,268 shares of the company’s stock worth $4,508,000 after buying an additional 19,736 shares in the last quarter. Finally, Globeflex Capital L P bought a new position in American Public Education during the second quarter valued at about $2,498,000. 79.62% of the stock is owned by institutional investors and hedge funds.
American Public Education Price Performance
APEI stock opened at $46.01 on Friday. American Public Education, Inc. has a one year low of $29.05 and a one year high of $61.59. The firm has a 50-day moving average of $50.74 and a two-hundred day moving average of $51.93. The firm has a market capitalization of $841.98 million, a PE ratio of 18.93, a P/E/G ratio of 1.17 and a beta of 1.38. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.26.
Insider Activity at American Public Education
In other news, SVP Thomas Beckett sold 2,000 shares of American Public Education stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the transaction, the senior vice president owned 52,172 shares in the company, valued at approximately $2,817,288. The trade was a 3.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 10.60% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several equities research analysts have commented on the stock. Weiss Ratings cut shares of American Public Education from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. DA Davidson reaffirmed a “buy” rating and issued a $64.00 price objective on shares of American Public Education in a research note on Monday, June 1st. Lake Street Capital boosted their target price on shares of American Public Education from $62.00 to $64.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Zacks Research lowered shares of American Public Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, B. Riley Financial raised their target price on shares of American Public Education from $67.00 to $68.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.38.
Read Our Latest Stock Analysis on American Public Education
American Public Education Profile
American Public Education, Inc operates as a provider of online postsecondary education, offering degree and certificate programs through its wholly owned subsidiary, American Public University System (APUS). The company designs and delivers a broad range of undergraduate and graduate programs in fields such as business administration, information technology, criminal justice, homeland security, health sciences, and education. Its curriculum is developed to meet the needs of working adults, military personnel, veterans and civilian students seeking flexible, career-relevant learning opportunities.
APUS is regionally accredited by the Middle States Commission on Higher Education and employs a proprietary online learning platform that supports asynchronous instruction, digital course materials and interactive learning tools.
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