American Public Education (APEI)

• Market cap: $372M
• 1 day: -0.57%
• 5 days: -6.04%
• 1 month: 9.78%
• 3 months: 38.37%
• 6 months: 36.03%
• Year to date: 110.74%
• 1 year: 142.94%
• 5 years: -23.95%
• 10 years: -41.73%
• Sector: Consumer Discretionary
• Industry: Educational Services

About: American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.

Employees: 6,037

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

30% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 20

28% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 29

6% more funds holding

Funds holding: 99 [Q2] → 105 (+6) [Q3]

1.25% more ownership

Funds ownership: 90.84% [Q2] → 92.09% (+1.25%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

10% less call options, than puts

Call options by funds: $351K | Put options by funds: $391K

14% less capital invested

Capital invested by funds: $281M [Q2] → $240M (-$40.4M) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 5% downside
• Avg. target: $23 10% upside
• High target: $25 19% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Truist Securities Jasper Bibb 73% 1-year accuracy 11 / 15 met price target	5% downside $20	Hold Maintained	14 Nov 2024
Barrington Research Alexander Paris 78% 1-year accuracy 86 / 110 met price target	14% upside $24	Outperform Maintained	13 Nov 2024
B. Riley Securities Raj Sharma 92% 1-year accuracy 11 / 12 met price target	19% upside $25	Buy Maintained	7 Nov 2024