Wallace E. Jr. Boston Sells 10,000 Shares of American Public Education, Inc. (APEI) Stock

American Public Education, Inc. (NASDAQ:APEI) insider Wallace E. Jr. Boston sold 10,000 shares of the company’s stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $40.80, for a total value of $408,000.00. Following the sale, the insider now owns 395,001 shares of the company’s stock, valued at approximately $16,116,040.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of APEI traded down $0.85 during midday trading on Monday, hitting $42.15. 186,731 shares of the company’s stock traded hands, compared to its average volume of 148,897. American Public Education, Inc. has a 1 year low of $17.40 and a 1 year high of $45.75. The firm has a market cap of $704.83, a PE ratio of 32.67, a P/E/G ratio of 1.88 and a beta of 0.66.

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American Public Education (NASDAQ:APEI) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.33 by $0.18. American Public Education had a return on equity of 7.59% and a net margin of 7.06%. The firm had revenue of $78.09 million during the quarter, compared to analyst estimates of $76.25 million. research analysts forecast that American Public Education, Inc. will post 1.53 earnings per share for the current fiscal year.

APEI has been the subject of a number of analyst reports. ValuEngine upgraded American Public Education from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded American Public Education from a “hold” rating to a “strong-buy” rating and set a $33.00 price objective for the company in a report on Monday, March 5th. BMO Capital Markets increased their price objective on American Public Education from $27.00 to $42.00 and gave the company a “market perform” rating in a report on Tuesday, March 20th. BidaskClub lowered American Public Education from a “sell” rating to a “strong sell” rating in a report on Thursday, December 14th. Finally, Piper Jaffray reiterated a “hold” rating and set a $29.00 price objective on shares of American Public Education in a report on Monday, December 4th. Three investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $34.67.

Institutional investors and hedge funds have recently modified their holdings of the company. MetLife Investment Advisors LLC purchased a new stake in shares of American Public Education during the 4th quarter valued at $223,000. BNP Paribas Arbitrage SA lifted its holdings in shares of American Public Education by 41.7% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 9,356 shares of the company’s stock valued at $197,000 after purchasing an additional 2,755 shares during the last quarter. Susquehanna International Group LLP purchased a new position in American Public Education in the 3rd quarter worth $214,000. Unison Advisors LLC purchased a new position in American Public Education in the 4th quarter worth $317,000. Finally, The Manufacturers Life Insurance Company raised its stake in American Public Education by 10.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,878 shares of the company’s stock worth $328,000 after acquiring an additional 1,353 shares during the last quarter. Hedge funds and other institutional investors own 90.59% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for American Public Education (NASDAQ:APEI)

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