Cornercap Investment Counsel Inc. lowered its position in shares of American Public Education, Inc. (NASDAQ:APEI – Free Report) by 51.0% in the third quarter, HoldingsChannel.com reports. The firm owned 14,464 shares of the company’s stock after selling 15,044 shares during the quarter. Cornercap Investment Counsel Inc.’s holdings in American Public Education were worth $213,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the business. Innealta Capital LLC acquired a new position in shares of American Public Education during the 2nd quarter worth about $34,000. Quarry LP boosted its holdings in American Public Education by 94.0% in the second quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after purchasing an additional 2,261 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in American Public Education in the first quarter valued at approximately $130,000. Hillsdale Investment Management Inc. acquired a new stake in American Public Education during the first quarter worth approximately $141,000. Finally, Ritholtz Wealth Management lifted its position in shares of American Public Education by 97.9% during the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock worth $358,000 after buying an additional 10,081 shares during the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.
Analysts Set New Price Targets
APEI has been the subject of several research analyst reports. Barrington Research upped their price objective on shares of American Public Education from $18.00 to $24.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Truist Financial raised their price target on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 14th. B. Riley boosted their price objective on American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, StockNews.com lowered shares of American Public Education from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th.
Insider Buying and Selling at American Public Education
In other news, Director Michael David Braner acquired 26,539 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was bought at an average price of $14.71 per share, for a total transaction of $390,388.69. Following the transaction, the director now owns 1,824,820 shares in the company, valued at $26,843,102.20. This represents a 1.48 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have purchased 58,804 shares of company stock worth $915,928. 11.38% of the stock is currently owned by insiders.
American Public Education Stock Performance
NASDAQ APEI opened at $19.05 on Tuesday. The firm has a market cap of $337.38 million, a P/E ratio of 34.02, a P/E/G ratio of 2.58 and a beta of 1.24. American Public Education, Inc. has a 52-week low of $5.41 and a 52-week high of $21.04. The business’s 50-day moving average price is $15.24 and its 200 day moving average price is $16.34. The company has a quick ratio of 2.83, a current ratio of 2.65 and a debt-to-equity ratio of 0.37.
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.
See Also
- Five stocks we like better than American Public Education
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
- 3 Best Fintech Stocks for a Portfolio Boost
- Applied Materials Market Capitulates: Now is the Time to Buy
- The 3 Best Retail Stocks to Shop for in August
- 3 Ultra-High Dividend Yield Stocks for the New Year
Want to see what other hedge funds are holding APEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Public Education, Inc. (NASDAQ:APEI – Free Report).
Receive News & Ratings for American Public Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Public Education and related companies with MarketBeat.com's FREE daily email newsletter.