American Public Education, Inc. (NASDAQ:APEI) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 298,600 shares, a drop of 18.3% from the September 15th total of 365,700 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily volume of 84,700 shares, the short-interest ratio is currently 3.5 days.

Shares of American Public Education stock opened at $30.31 on Friday. American Public Education has a twelve month low of $18.47 and a twelve month high of $41.09. The stock has a market capitalization of $448.50 million, a P/E ratio of 34.44 and a beta of 0.75. The business’s fifty day moving average price is $29.19 and its 200 day moving average price is $29.11.

American Public Education (NASDAQ:APEI) last issued its earnings results on Monday, August 10th. The company reported $0.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.21. American Public Education had a return on equity of 5.66% and a net margin of 4.41%. The firm had revenue of $82.13 million for the quarter, compared to analysts’ expectations of $77.50 million. As a group, analysts predict that American Public Education will post 1.14 EPS for the current fiscal year.

Several research firms have weighed in on APEI. Zacks Investment Research downgraded American Public Education from a “strong-buy” rating to a “hold” rating and set a $33.00 price target for the company. in a research report on Tuesday, October 13th. Barrington Research restated a “buy” rating and set a $37.00 price objective on shares of American Public Education in a report on Tuesday, September 15th. BidaskClub cut American Public Education from a “hold” rating to a “sell” rating in a report on Friday, August 28th. BMO Capital Markets raised their price objective on American Public Education from $33.00 to $38.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. Finally, TheStreet upgraded American Public Education from a “c+” rating to a “b” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $35.25.

In other American Public Education news, COO Robert E. Gay sold 2,500 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $33.42, for a total transaction of $83,550.00. Following the completion of the transaction, the chief operating officer now owns 10,549 shares of the company’s stock, valued at $352,547.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Wallace E. Jr. Boston sold 40,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $35.00, for a total value of $1,400,000.00. Following the transaction, the insider now directly owns 369,887 shares of the company’s stock, valued at approximately $12,946,045. The disclosure for this sale can be found here. Insiders sold a total of 60,367 shares of company stock valued at $2,048,151 over the last ninety days. 3.73% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in APEI. WINTON GROUP Ltd raised its position in American Public Education by 582.4% in the second quarter. WINTON GROUP Ltd now owns 133,612 shares of the company’s stock valued at $3,955,000 after purchasing an additional 114,031 shares during the period. Assenagon Asset Management S.A. raised its position in American Public Education by 1,045.0% in the third quarter. Assenagon Asset Management S.A. now owns 78,000 shares of the company’s stock valued at $2,199,000 after purchasing an additional 71,188 shares during the period. Grantham Mayo Van Otterloo & Co. LLC purchased a new position in American Public Education in the second quarter valued at about $1,575,000. State Street Corp raised its position in American Public Education by 8.8% in the first quarter. State Street Corp now owns 523,263 shares of the company’s stock valued at $12,522,000 after purchasing an additional 42,380 shares during the period. Finally, Wedge Capital Management L L P NC purchased a new position in American Public Education in the second quarter valued at about $1,127,000. 93.26% 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. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

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