Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. American Public Education Inc shares valued at $138,652 were sold by Halle Jean C. on Mar 12 ’24. At $11.68 per share, Halle Jean C. sold 11,874 shares. The insider’s holdings dropped to 21,739 shares worth approximately $0.41 million following the completion of this transaction.
Also, Beckett Thomas sold 2,900 shares, netting a total of over 37,366 in proceeds. Following the sale of shares at $12.88 each, the insider now holds 42,908 shares.
Before that, Kurshan Barbara had sold 7,333 shares from its account. In a trade valued at $53,695, the Director traded American Public Education Inc shares for $7.32 each. Upon closing the transaction, the insider’s holdings decreased to 7,333 shares, worth approximately $0.45 million.
As published in their initiating research note from Truist on May 26, 2023, American Public Education Inc [APEI] has been a Hold and the price target has been revised to $6. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of March 17, 2021, William Blair has initiated its “an Outperform” rating for APEI. Earlier on December 18, 2020, B. Riley Securities initiated its rating. Their recommendation was “a Buy” for APEI stock.
Analyzing APEI Stock Performance
During the last five days, there has been a surge of approximately 30.83%. Over the course of the year, American Public Education Inc shares have jumped approximately 94.82%. Shares of the company reached a 52-week high of $21.04 on 05/08/24 and a 52-week low of $9.65 on 01/02/24. A 50-day SMA is recorded $13.51, while a 200-day SMA reached $8.83. Nevertheless, trading volume fell to 0.78 million shares from 0.14 million shares the previous day.
Support And Resistance Levels for American Public Education Inc (APEI)
According to the 24-hour chart, there is a support level at 18.00, which, if violated, would cause prices to drop to 17.21. In the upper region, resistance lies at 19.20. The next price resistance is at 19.60. RSI (Relative Strength Index) is 81.68 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.60, which suggests the price will increase in the coming days. Percent R is at 26.29%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
