The Vanguard Group, Inc. has recently announced that it has increased stake in American Public Education Inc. (NASDAQ:APEI) by 8.54%. After grabbing 0.93 million shares, the institutional investor is now in possession of 73072.0 shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 4.91% having worth around $10.25 million. Moreover, Bank of America, NA increased its share by 4223.0 to have a control over 0.89 million shares. And D. E. Shaw & Co. LP raised its holdings to 8860.0 shares by acquiring 0.38 million shares or 2.03% of the stake.
American Public Education Inc. (APEI) concluded trading on 03/15/23 at a closing price of $4.56, with 2.87 million shares of worth about $13.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.04% during that period and on Wednesday the price saw a loss of about -50.76%. Currently the company’s common shares owned by public are about 18.89M shares, out of which, 18.42M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 39 times over the past 12 months. They bought 312,683 shares in 20 of the transactions. In 19 selling transactions, insiders dumped 44,108 shares.
T Rowe Price Small Cap Value Fund, Vanguard Total Stock Market Index, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in American Public Education Inc. T Rowe Price Small Cap Value Fund is currently holding 1.09 million shares of worth totaling $11.99 million. The company recently came selling -0.2 million shares which brought its stake up to 5.75% of the company’s outstanding shares. Vanguard Total Stock Market Index bought 36600.0 shares, after which its hold over company’s outstanding shares expand to 3.26%, leaving 0.62 million shares with the mutual fund that have a worth of about $6.8 million. iShares Russell 2000 ETF, after selling 0.4 million shares, have now control over 2.11% of the stake in the company. It holds 1260.0 shares of worth $4.4 million.
American Public Education Inc. (NASDAQ: APEI) started trading at $7.05, below -$2.21 from concluding price of the previous day. However, the stock later moved at a day high price of 7.5100, or with a loss of -50.76%. Stock saw a price change of -58.70% in past 5 days and over the past one month there was a price change of -64.04%. Year-to-date (YTD), APEI shares are showing a performance of -62.90% which decreased to -79.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.82 but also hit the highest price of $24.02 during that period. The average intraday trading volume for American Public Education Inc. shares is 132.90K. The stock is currently trading -59.06% below its 20-day simple moving average (SMA20), while that difference is down -62.19% for SMA50 and it goes to -63.72% lower than SMA200.
The Vanguard Group, Inc. acquired 0.93 million shares of American Public Education Inc. having value of about $10.25 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 73072.0 shares in the company valued at close to $333208.32, or have control over 8.54% stake in the company. American Public Education Inc. (NASDAQ: APEI) currently have 18.89M outstanding shares and institutions hold larger chunk of about 93.30% of that. Holding of mutual funds in the company is about 34.15% while other institutional holders and individual stake holders have control over 58.81% and 10.25% of the stake respectively.
The stock has a current market capitalization of $94.62M and its 3Y-monthly beta is at 0.86. It has posted earnings per share of -$5.25 in the same period. It has Quick Ratio of 2.40 while making debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APEI, volatility over the week remained 19.92% while standing at 8.00% over the month.
Stock’s fiscal year EPS is expected to drop by -22.30% while it is estimated to increase by 108.50% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of -8.20% made by the stock over the past 5-years.
Analysts at 3 brokerage firms have issued recommendations for the American Public Education Inc. (APEI)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.30. Out of those 3 Wall Street analysts, 2 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on April 06, 2021 offering a Buy rating for the stock and assigned a target price of $43 to it. On December 18, 2020, B. Riley Securities Initiated their recommendations, while on November 02, 2020, Sidoti Upgrade their ratings for the stock with a price target of $39. Stock get a Neutral rating from Sidoti on May 29, 2020.
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