Insider Selling: Jean Halle Unloads 1,500 Shares of American Public Education Stock (APEI)
American Public Education (NASDAQ:APEI) Director Jean Halle sold 1,500 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $40.00, for a total value of $60,000.00. Following the completion of the sale, the director now directly owns 35,608 shares in the company. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on APEI. Analysts at Zacks reiterated a “neutral” rating on shares of American Public Education (NASDAQ:APEI) in a research note to investors on Monday, August 19th. They now have a $42.00 price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of American Public Education (NASDAQ:APEI) from $42.00 to $40.00 in a research note to investors on Monday, August 12th.
One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. American Public Education has an average rating of “Buy” and an average target price of $40.25.
Shares of American Public Education (NASDAQ:APEI) traded down 0.48% during mid-day trading on Thursday, hitting $39.38. The stock had a trading volume of 227,162 shares. American Public Education has a 52 week low of $29.20 and a 52 week high of $42.17. The stock has a 50-day moving average of $39.3 and a 200-day moving average of $36.93. The company has a market cap of $695.2 million and a price-to-earnings ratio of 15.38.
American Public Education (NASDAQ:APEI) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.02. The company had revenue of $80.90 million for the quarter, compared to the consensus estimate of $82.69 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. Analysts expect that American Public Education will post $2.52 EPS for the current fiscal year.
American Public Education, Inc, is a provider of online postsecondary education with an emphasis on serving the needs of the military and public service communities.
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