Navellier & Associates Inc. significantly increased its stake in American Public Education, Inc. (APEI) during the third quarter, purchasing 26,182 shares. This acquisition, valued at approximately $1.03 million, grants Navellier & Associates a 0.14% holding in APEI. The institutional investment follows APEI's recent robust financial performance, where the company surpassed quarterly earnings expectations. American Public Education reported an impressive EPS of $0.30, significantly beating the -$0.09 consensus, alongside revenues of $163.22 million. Analysts maintain a "Moderate Buy" rating for APEI, setting an average price target of $46.43, reflecting a positive outlook for the stock. This move by Navellier underscores growing confidence in APEI's financial trajectory.
Get AI-powered deep analysis for every story with a paid subscription
Upgrade for Analysis