AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

DRIEHAUS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000938206)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 458,854 Value ($000) $17,345 Avg Close $35.80 Range $30.20 - $39.83

Q3 2025

Shares 344,711 Value ($000) $13,606 Avg Close $31.74 Range $27.74 - $39.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	458,854	$17,345	$35.80	$30.20 - $39.83
Q3 2025	344,711	$13,606	$31.74	$27.74 - $39.73