Bastion Asset Management Inc. significantly reduced its stake in American Public Education (NASDAQ:APEI) by 51.1% in Q3, selling over 159,000 shares but still maintaining it as its 10th largest holding. Conversely, other institutional investors like Acadian Asset Management and 4D Advisors increased their positions, while Allspring Global Investments and Y Intercept Hong Kong initiated new stakes, bringing institutional ownership to nearly 80%. Analysts currently have a “Moderate Buy” rating for APEI, with a consensus target price of $46.43, as the stock trades near its 52-week high.
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American Public Education, Inc. $APEI Position Cut by Bastion Asset Management Inc.
Bastion Asset Management Inc. significantly reduced its stake in American Public Education (NASDAQ:APEI) by 51.1% in Q3, selling over 159,000 shares but still maintaining it as its 10th largest holding. Conversely, other institutional investors like Acadian Asset Management and 4D Advisors increased their positions, while Allspring Global Investments and Y Intercept Hong Kong initiated new stakes, bringing institutional ownership to nearly 80%. Analysts currently have a “Moderate Buy” rating for APEI, with a consensus target price of $46.43, as the stock trades near its 52-week high.