American Public Education, Inc. (NASDAQ:APEI – Get Free Report) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 706,700 shares, a drop of 5.0% from the November 15th total of 744,000 shares. Approximately 4.2% of the company’s stock are short sold. Based on an average daily volume of 117,600 shares, the days-to-cover ratio is currently 6.0 days.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. StockNews.com raised shares of American Public Education from a “hold” rating to a “buy” rating in a research report on Tuesday. 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 report on Thursday, November 7th. Barrington Research upped their target price on American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, Truist Financial increased their price objective 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.
Get Our Latest Research Report on American Public Education
American Public Education Stock Up 4.4 %
Institutional Trading of American Public Education
A number of large investors have recently added to or reduced their stakes in the stock. Innealta Capital LLC purchased a new position in shares of American Public Education in the second quarter worth about $34,000. Quarry LP grew its position in shares of 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. MetLife Investment Management LLC raised its stake 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 purchasing an additional 5,187 shares during the period. Principal Financial Group Inc. purchased a new stake in American Public Education during the 3rd quarter worth about $165,000. Finally, FMR LLC lifted its holdings in American Public Education by 350.3% during the 3rd quarter. FMR LLC now owns 11,658 shares of the company’s stock worth $172,000 after purchasing an additional 9,069 shares in the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than American Public Education
- What is Insider Trading? What You Can Learn from Insider Trading
- Semtech Stock Climbs as AI Boom Drives Turnaround Success
- What is Put Option Volume?
- 3 Companies Leading the Way With Aggressive Stock Buybacks
- The Risks of Owning Bonds
- Is It Time to Buy Nuclear Energy Stocks After the Latest Dip?
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.