Public Employees Retirement Association of Colorado Sells 921 Shares of American Public Education, Inc. (NASDAQ:APEI)

Public Employees Retirement Association of Colorado lessened its holdings in American Public Education, Inc. (NASDAQ:APEI) by 25.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,738 shares of the company’s stock after selling 921 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in American Public Education were worth $48,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in APEI. Innealta Capital LLC bought a new position in American Public Education in the 2nd quarter valued at approximately $34,000. Public Employees Retirement System of Ohio acquired a new stake in American Public Education during the 1st quarter valued at approximately $130,000. Hillsdale Investment Management Inc. acquired a new stake in American Public Education during the 1st quarter valued at approximately $141,000. Cannon Global Investment Management LLC acquired a new stake in American Public Education during the 1st quarter valued at approximately $145,000. Finally, Lazard Asset Management LLC acquired a new stake in American Public Education during the 1st quarter valued at approximately $182,000. Institutional investors own 79.62% of the company’s stock.

Insider Activity at American Public Education

In other American Public Education news, Director Michael David Braner purchased 59,179 shares of American Public Education stock in a transaction that occurred on Tuesday, August 20th. The stock was acquired at an average price of $14.05 per share, with a total value of $831,464.95. Following the transaction, the director now owns 1,788,688 shares in the company, valued at approximately $25,131,066.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders acquired 182,287 shares of company stock valued at $2,635,431. 11.38% of the stock is owned by company insiders.

American Public Education Stock Performance

Shares of APEI stock opened at $14.71 on Monday. The company has a market cap of $258.53 million, a price-to-earnings ratio of -5.61, a price-to-earnings-growth ratio of 2.01 and a beta of 1.25. American Public Education, Inc. has a 52 week low of $4.05 and a 52 week high of $21.04. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $15.94 and a 200-day moving average of $15.87.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $152.90 million during the quarter, compared to the consensus estimate of $154.06 million. American Public Education had a net margin of 1.73% and a return on equity of 6.88%. On average, equities analysts forecast that American Public Education, Inc. will post 0.49 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on APEI shares. Truist Financial decreased their target price on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating for the company in a research report on Tuesday, August 13th. Barrington Research decreased their target price on shares of American Public Education from $24.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Finally, StockNews.com downgraded shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 7th.

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.