American Public Education (NASDAQ:APEI) Shares Cross Above 200 Day Moving Average – Here’s What Happened

American Public Education, Inc. (NASDAQ:APEI) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $18.92 and traded as high as $22.73. American Public Education shares last traded at $22.38, with a volume of 102,733 shares traded.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on APEI. Truist Financial upped their price target on American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a research note on Monday, March 10th. StockNews.com upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. William Blair raised American Public Education from a “market perform” rating to an “outperform” rating in a research report on Friday, March 7th. Finally, Barrington Research reissued an “outperform” rating and set a $24.00 price objective on shares of American Public Education in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $24.33.

American Public Education Trading Up 3.8 %

The firm has a market capitalization of $412.29 million, a PE ratio of 40.91, a P/E/G ratio of 1.05 and a beta of 1.30. The firm has a 50 day simple moving average of $21.50 and a 200 day simple moving average of $18.96. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37.

Insider Activity at American Public Education

In other American Public Education news, SVP Thomas Beckett sold 3,700 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were 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 in the company, valued at approximately $1,329,783.71. This represents a 5.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.38% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Principal Financial Group Inc. bought a new stake in American Public Education in the 3rd quarter worth approximately $165,000. Los Angeles Capital Management LLC purchased a new position in shares of American Public Education in the 3rd quarter worth $227,000. GSA Capital Partners LLP grew its holdings in shares of American Public Education by 184.0% in the third quarter. GSA Capital Partners LLP now owns 31,963 shares of the company’s stock worth $471,000 after acquiring an additional 20,710 shares during the period. Victory Capital Management Inc. purchased a new stake in American Public Education during the third quarter valued at $299,000. Finally, Empowered Funds LLC lifted its holdings in American Public Education by 5.2% in the third quarter. Empowered Funds LLC now owns 86,299 shares of the company’s stock valued at $1,273,000 after acquiring an additional 4,288 shares during the period. 79.62% of the stock is owned by hedge funds and other 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.