Noteworthy Price Action: After Achieving 52-Week High, Is Apollo Education Group Inc’s Near-Term Analysis Positive?

Noteworthy Price Action: After Achieving 52 Week High, Is Apollo Education Group Inc's Near Term Analysis Positive?

The stock of Apollo Education Group Inc (NASDAQ:APOL) hit a new 52-week high and has $14.31 target or 51.00% above today’s $9.48 share price. The 8 months bullish chart indicates low risk for the $1.04 billion company. The 1-year high was reported on Nov, 17 by Barchart.com. If the $14.31 price target is reached, the company will be worth $530.40M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 125,703 shares traded hands. Apollo Education Group Inc (NASDAQ:APOL) has risen 23.92% since April 15, 2016 and is uptrending. It has outperformed by 19.29% the S&P500.

Apollo Education Group Inc (NASDAQ:APOL) Ratings Coverage

Out of 3 analysts covering Apollo Education (NASDAQ:APOL), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Apollo Education has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by BMO Capital Markets on Tuesday, January 12. The firm earned “Neutral” rating on Friday, October 23 by Compass Point.

According to Zacks Investment Research, “Apollo Group, Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries, the University of Phoenix, Inc., the Institute for Professional Development, the College for Financial Planning Institutes Corporation, Western International University, Inc., and Apollo Learning Group, Inc.”

Insitutional Activity: The institutional sentiment decreased to 0.7 in Q2 2016. Its down 0.23, from 0.93 in 2016Q1. The ratio worsened, as 33 funds sold all Apollo Education Group Inc shares owned while 54 reduced positions. 21 funds bought stakes while 40 increased positions. They now own 74.51 million shares or 6.83% less from 79.97 million shares in 2016Q1.
Amer Intll Group accumulated 0% or 49,172 shares. Moreover, Great West Life Assurance Can has 0% invested in Apollo Education Group Inc (NASDAQ:APOL) for 6,894 shares. Public Employees Retirement Association Of Colorado has 0% invested in the company for 18,324 shares. State Bank Of Montreal Can holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 100 shares. Invesco Ltd has 0% invested in the company for 166,135 shares. Marshall Wace Llp accumulated 43,724 shares or 0% of the stock. Kanaly Communication owns 205 shares or 0% of their US portfolio. Sei has invested 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL). Blackrock Fund has 0% invested in the company for 2.07 million shares. Metropolitan Life Insur Ny has 65,835 shares for 0% of their US portfolio. Proshare Advsrs Ltd Llc, a Maryland-based fund reported 12,195 shares. Ubs Asset Americas last reported 86,828 shares in the company. Dynamic Capital Limited reported 188,179 shares or 0.2% of all its holdings. California Pub Employees Retirement System holds 975,206 shares or 0.01% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 2,423 shares or 0% of the stock.

More notable recent Apollo Education Group Inc (NASDAQ:APOL) news were published by: Wsj.com which released: “University of Phoenix Parent Apollo Education to Be Taken Private” on February 08, 2016, also Wsj.com with their article: “Apollo Global Management in Talks to Buy Apollo Education” published on January 11, 2016, Fool.com published: “Why Apollo Education Group Inc. Jumped Today” on May 02, 2016. More interesting news about Apollo Education Group Inc (NASDAQ:APOL) were released by: Wsj.com and their article: “Apollo Education Loss Nearly Doubles From Year Earlier” published on April 06, 2016 as well as Bloomberg.com‘s news article titled: “Apollo Education Holders Approve Bid From Apollo Global” with publication date: May 07, 2016.

APOL Company Profile

Apollo Education Group, Inc., incorporated on June 30, 1981, is an education provider. The Firm offers undergraduate, graduate, certificate and no degree educational programs and services, online and on-campus, to working adults in the United States and abroad through University of Phoenix, Apollo Global and Others. The Company’s divisions include University of Phoenix, Apollo Global and Others. The University of Phoenix includes is a private university. The Apollo Global segment includes BPP Holdings Limited (BPP), Open Colleges Australia Pty Ltd (Open Colleges), Career Partner GmbH (Career Partner), Universidad Latinoamericana (ULA), Faculdade da Educacional da Lapa (FAEL), Apollo Global Chile S.A. (Apollo Global Chile), Milpark Education (Pty) Ltd. (Milpark Education) and India Education Services Private Ltd (India Education Services). The Others segment includes The College for Financial Planning Institutes Corporation (College for Financial Planning); Western International University, Inc; TIY Academy, LLC (The Iron Yard), and Apollo Professional Development.

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