APEI
American Public Education, Inc.
NasdaqGSUSDEQUITY
Consumer Defensive
DELAYED
Last price
45.61
▲ 1.23 (2.76%)
MARKET · —
Price
Open
44.95
Prev close
44.39
Day high
45.80
Day low
43.34
Volume
320.29K
Market cap
$834.73M
P/E (TTM)
18.47
52W range
29.05 – 61.59
Trailing performance
Returnvs SPY
1W
+0.84%
+2.2%
1M
-5.33%
-9.1%
3M
-11.59%
-14.7%
6M
+4.01%
-7.1%
YTD
+20.66%
+8.4%
1Y
+50.73%
+30.7%
3Y
+754.12%
+680.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$834.73M
Enterprise value$766.60M
Revenue (TTM)$668.01M
Gross profit$373.09M
EBITDA$84.30M
Net income$45.67M
EPS (TTM)$2.47
Free cash flow$51.04M
Total cash$221.60M
Total debt$153.47M
Book value / share$17.10
Shares outstanding18.30M
Float14.94M
Short % of float11.00%
Dividend yield—
Beta (5Y)1.40
Valuation & profitability ratios
Trailing P/E18.47
Forward P/E12.13
PEG ratio1.38
Price / sales—
Price / book2.67
EV / revenue1.15
EV / EBITDA9.09
Gross margin55.85%
Operating margin7.88%
Profit margin6.84%
Return on equity15.58%
Return on assets7.92%
Debt / equity48.87
Current ratio3.25
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $648.86M | $624.56M | $600.54M | $606.33M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $25.30M | $10.06M | -$53.29M | -$115.04M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $25.30M | $10.06M | -$53.29M | -$115.04M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.48 | 0.64 | +33.9% |
| Dec 2025 | 0.54 | 0.88 | +63.3% |
| Jun 2025 | 0.05 | 0.20 | +294.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.48 | 2 | $170.88M | +5.0% |
| Next quarter | 0.97 | 2 | $180.88M | +14.2% |
| Current year | 3.03 | 2 | $693.50M | +6.9% |
| Next year | 3.76 | 2 | $734.60M | +5.9% |
Analyst targets & ownership
Mean target$62.83
High target$70.00
Low target$55.00
Implied upside37.76%
Analyst count6
ConsensusSTRONG BUY
Strong buy / Buy1 / 5
Hold1
Sell / Strong sell0 / 0
Held by insiders4.95%
Held by institutions109.24%
Institutions holding290
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
-206.53K
Net selling
Buy transactions
15
195.15K shares
Sell transactions
12
401.68K shares
Net transactions
+27
Buys less sells
Sell : buy shares
2.1 : 1
Mixed
Insider-held shares
906.48K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 12, 26 | FERNANDES NUNO S Officer |
SELL | 8.80K | $397.14K | Direct |
| Aug 12, 26 | KENIGSBERG JAMES Chief Technology Officer |
SELL | 1.31K | $60.03K | Direct |
| Aug 12, 26 | FERNANDES NUNO S Officer |
CONVERSION | 8.80K | $93.81K | Direct |
| Aug 3, 26 | KENIGSBERG JAMES Chief Technology Officer |
STOCK | 7.57K | $0 | Direct |
| Jul 1, 26 | PIANKO DANIEL S Director |
STOCK | 1.11K | $61.84K | Direct |
| Jun 22, 26 | BECKETT THOMAS A General Counsel |
SELL | 2.00K | $108.00K | Direct |
| Jun 15, 26 | BECKETT THOMAS A General Counsel |
SELL | 8.00K | $414.16K | Direct |
| May 22, 26 | FABREGA ANNA M Director |
STOCK | 2.13K | $0 | Direct |
| May 22, 26 | BRANER MICHAEL DAVID Director |
STOCK | 2.13K | $0 | Direct |
| May 22, 26 | PIANKO DANIEL S Director |
STOCK | 2.13K | $0 | Direct |
| May 22, 26 | BLEVINS GRANETTA B Director |
STOCK | 2.13K | $0 | Direct |
| May 22, 26 | STATUTO RICHARD J Director |
STOCK | 2.13K | $0 | Direct |
| May 13, 26 | FERNANDES NUNO S Officer |
SELL | 4.50K | $240.03K | Direct |
| Apr 1, 26 | PIANKO DANIEL S Director |
STOCK | 1.11K | $63.65K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
325 CAPITAL L.L.C. |
Unknown | — | Sale |
ANDERSEN ERIC C |
Director | 66.92K | Stock Award(Grant) |
AXENSON TANYA JOY |
Officer | 49.92K | Sale |
BECKETT THOMAS A |
General Counsel | 52.17K | Sale |
BLEVINS GRANETTA B |
Director | 60.08K | Stock Award(Grant) |
BRANER MICHAEL DAVID |
Director | 1.21M | Stock Award(Grant) |
FERNANDES NUNO S |
Officer | 78.58K | Sale |
MACGIBBON CRAIG S |
Officer | 63.89K | Sale |
SELDEN ANGELA K. |
Chief Executive Officer | 626.81K | Stock Award(Grant) |
SUNDERLAND RICHARD W JR |
Chief Financial Officer | 159.56K | Sale |
Moving averages & technicals
SMA 10
45.25
+0.80% from price
SMA 20
48.18
-5.34% from price
SMA 50
51.27
-11.05% from price
SMA 100
53.40
-14.59% from price
SMA 200
47.46
-3.90% from price
EMA 12
46.25
-1.38% from price
EMA 26
48.25
-5.47% from price
EMA 50
50.06
-8.89% from price
RSI (14)
40.3
Neutral
MACD (12,26,9)
-2.00
Hist -0.23
ATR (14)
2.71
5.94% of price
Realised vol 30D
67.2%
Annualised
Bollinger upper
54.66
20, 2σ
Bollinger lower
41.71
20, 2σ
50 / 200 cross
Golden
51.27 vs 47.46
Trend bias
Below 200
-3.90%
Risk profile
Beta vs SPY
0.26
Less volatile than market
Correlation to SPY
0.08
Largely independent
Realised vol 30D
67.2%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-27.2%
Peak to trough
Max drawdown 5Y
-85.6%
Peak to trough
ATR 14
2.71
5.94% of price
Beta (reported)
1.40
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
4.80
Put-heavy session
Put / call open interest
0.65
Positioning, not flow
Max pain
45.00
-1.3% from spot
ATM implied vol
45.6%
Nearest strike to spot
Skew (10% OTM)
+3.0%
Puts bid over calls
Call volume
228
Contracts, this expiry
Put volume
1.09K
Contracts, this expiry
Heaviest call OI
60.00
952 contracts
Heaviest put OI
30.00
864 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
American Public Education (APEI) Proves Its Multi-Year Overhaul Finally Paid Off
Insider Monkey · 2d ago
APEI Q2 2026 Earnings Call Transcript
Motley Fool · 5d ago
American Public Education, Inc. Unveils AI-Powered Student Lifecycle Platform being Built with Salesforce
PR Newswire · 11d ago
American Public Education, Inc. Q2 2026 Earnings Call Summary
Moby · 11d ago
B. Riley Adjusts American Public Education PT to $70 From $68, Maintains Buy Rating
MT Newswires · 11d ago
American Public Education Inc (APEI) (Q2 2026) Earnings Call Highlights: Strong Revenue Growth ...
GuruFocus.com · 11d ago
American Public Education Q2 Earnings Call Highlights
MarketBeat · 12d ago
American Public Education (APEI) Q2 Earnings and Revenues Surpass Estimates
Zacks · 12d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.