American Public Education, Inc. (NASDAQ:APEI) insider Wallace E. Jr. Boston sold 12,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $36.00, for a total transaction of $432,000.00. Following the completion of the transaction, the insider now owns 367,001 shares in the company, valued at $13,212,036. The sale was disclosed in a filing with the SEC, which is available through this link.
Shares of APEI traded down $0.33 during mid-day trading on Friday, hitting $33.32. The company’s stock had a trading volume of 118,000 shares, compared to its average volume of 121,677. American Public Education, Inc. has a 52-week low of $23.15 and a 52-week high of $46.15. The stock has a market capitalization of $566.29 million, a PE ratio of 25.83, a PEG ratio of 1.43 and a beta of 0.54.
American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Tuesday, November 6th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. American Public Education had a net margin of 8.35% and a return on equity of 8.88%. The firm had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $72.24 million. During the same quarter in the prior year, the company earned $0.27 EPS. The company’s revenue was down .4% compared to the same quarter last year. On average, equities analysts expect that American Public Education, Inc. will post 1.6 earnings per share for the current fiscal year.
A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of American Public Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 30th. BidaskClub downgraded shares of American Public Education from a “hold” rating to a “sell” rating in a research note on Wednesday, August 8th. BMO Capital Markets dropped their target price on shares of American Public Education from $44.00 to $43.00 and set a “market perform” rating on the stock in a research note on Thursday, August 9th. Piper Jaffray Companies restated a “hold” rating and issued a $41.00 target price on shares of American Public Education in a research note on Thursday, August 9th. Finally, Barrington Research restated a “buy” rating and issued a $40.00 target price on shares of American Public Education in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $42.25.
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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