American Public Education Inc. (NASDAQ:APEI) Director Jean C. Halle has sold a total of 11,874 shares of the company's common stock, according to a recent SEC filing. The transaction, which took place on March 12, was executed at a weighted average price range of $11.60 to $11.81 per share, with the total value of the sale amounting to approximately $138,651.
The recent sale by Halle has adjusted her direct ownership in the educational services provider to 21,739 shares following the transaction. The specific prices at which the shares were sold indicate a varied execution strategy, with the provided weighted average price being $11.6769 per share. As noted in the filing, Halle is prepared to furnish full details on the number of shares sold at each separate price upon request.
Investors keeping an eye on insider transactions at American Public Education may consider this sale significant as it reflects a disposition of shares by a member of the company's board. Such transactions can offer insights into the perspectives of company insiders regarding the stock's value and future prospects.
American Public Education Inc., headquartered in Charles Town, West Virginia, specializes in providing online and on-campus post-secondary education. The company's stock is publicly traded on the NASDAQ exchange under the ticker symbol APEI.
InvestingPro Insights
Amid the recent insider selling activity at American Public Education Inc. (NASDAQ:APEI), investors may be seeking additional context to gauge the company's financial health and market performance. Here are some noteworthy metrics and insights:
InvestingPro Data reveals that American Public Education has a market capitalization of approximately $219.87 million. While the company's trailing twelve months’ revenue stands at $600.54 million, it experienced a slight decline of 0.95% over the last twelve months as of Q4 2023. Despite this, the company's gross profit margin remains robust at 51.23%, indicating a strong ability to control costs relative to its revenue.
Investors may find the company's recent stock performance particularly interesting. APEI has seen a 6-month price total return of an impressive 156.51%, with a 3-month return of 37.78% and a 1-month return of 13.07%. This suggests a significant uptrend in the stock's market value over these periods.
Two InvestingPro Tips that could provide additional insight into the company's outlook include:
- Management's aggressive share buyback strategy, which may signal confidence in the company's valuation and prospects.
- Analysts' predictions that the company will be profitable this year, which could indicate a turnaround from the lack of profitability over the last twelve months.
For those interested in a deeper analysis, InvestingPro offers 11 additional tips to help investors make more informed decisions. Remember to use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
These insights, combined with the insider transactions, may help investors better understand American Public Education Inc.'s current position and future potential in the market.
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