AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

Pacific Ridge Capital Partners, LLC's Holding History (CIK: 0001591546)

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

Q4 2025

Shares 167,275 Value ($000) $6,323 Avg Close $35.80 Range $30.20 - $39.83

Q3 2025

Shares 172,225 Value ($000) $6,798 Avg Close $31.74 Range $27.74 - $39.73

Q2 2025

Shares 204,333 Value ($000) $6,224 Avg Close $26.44 Range $20.75 - $31.62

Q1 2025

Shares 147,930 Value ($000) $3,302 Avg Close $21.67 Range $18.77 - $25.60

Q4 2024

Shares 106,008 Value ($000) $2,287 Avg Close $17.98 Range $13.45 - $23.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	167,275	$6,323	$35.80	$30.20 - $39.83
Q3 2025	172,225	$6,798	$31.74	$27.74 - $39.73
Q2 2025	204,333	$6,224	$26.44	$20.75 - $31.62
Q1 2025	147,930	$3,302	$21.67	$18.77 - $25.60
Q4 2024	106,008	$2,287	$17.98	$13.45 - $23.84