American Public Education (NASDAQ:APEI) Stock Price Expected to Rise, Truist Financial Analyst Says

American Public Education (NASDAQ:APEI) had its price objective lifted by investment analysts at Truist Financial from $15.00 to $20.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s price objective indicates a potential upside of 9.17% from the company’s current price.

Several other equities analysts have also issued reports on the stock. B. Riley boosted their price target on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a report on Thursday, November 7th. StockNews.com lowered shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th. Finally, Barrington Research upped their target price on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday.

American Public Education Price Performance

APEI opened at $18.32 on Thursday. The company has a fifty day moving average price of $15.15 and a two-hundred day moving average price of $16.27. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.83 and a current ratio of 2.65. American Public Education has a 52 week low of $5.41 and a 52 week high of $21.04. The firm has a market capitalization of $324.30 million, a PE ratio of 32.71, a P/E/G ratio of 2.83 and a beta of 1.24.

Insider Buying and Selling at American Public Education

In other American Public Education news, Director Michael David Braner purchased 17,872 shares of the company’s stock in a transaction dated Friday, August 30th. The stock was purchased at an average price of $16.77 per share, with a total value of $299,713.44. Following the completion of the purchase, the director now owns 1,922,610 shares of the company’s stock, valued at approximately $32,242,169.70. The trade was a 0.94 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have purchased a total of 117,983 shares of company stock valued at $1,747,393 in the last three months. 11.38% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On American Public Education

Several large investors have recently modified their holdings of APEI. Barclays PLC boosted its holdings in American Public Education by 17.4% in the 3rd quarter. Barclays PLC now owns 28,078 shares of the company’s stock valued at $414,000 after purchasing an additional 4,167 shares during the period. Orion Portfolio Solutions LLC raised its position in shares of American Public Education by 3.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after buying an additional 1,517 shares in the last quarter. State Street Corp raised its position in shares of American Public Education by 27.2% during the 3rd quarter. State Street Corp now owns 275,889 shares of the company’s stock valued at $4,069,000 after buying an additional 58,984 shares in the last quarter. Martingale Asset Management L P purchased a new stake in shares of American Public Education during the 3rd quarter valued at $189,000. Finally, MetLife Investment Management LLC raised its position in shares of American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock valued at $136,000 after buying an additional 5,187 shares in the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.

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.