K12 Inc (NYSE:LRN) CFO James Jeaho Rhyu sold 5,000 shares of K12 stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $18.04, for a total value of $90,200.00. Following the transaction, the chief financial officer now owns 250,624 shares in the company, valued at approximately $4,521,256.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

James Jeaho Rhyu also recently made the following trade(s):

  • On Tuesday, July 25th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The stock was sold at an average price of $18.07, for a total value of $90,350.00.
  • On Wednesday, July 12th, James Jeaho Rhyu sold 10,000 shares of K12 stock. The stock was sold at an average price of $18.00, for a total value of $180,000.00.
  • On Wednesday, June 21st, James Jeaho Rhyu sold 10,000 shares of K12 stock. The stock was sold at an average price of $18.20, for a total value of $182,000.00.
  • On Wednesday, June 7th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The stock was sold at an average price of $18.55, for a total value of $92,750.00.
  • On Tuesday, June 6th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The stock was sold at an average price of $18.79, for a total value of $93,950.00.

Shares of K12 Inc (NYSE LRN) traded down 0.94% during trading on Wednesday, reaching $17.91. The company had a trading volume of 223,646 shares. K12 Inc has a 12 month low of $10.17 and a 12 month high of $21.18. The firm has a market capitalization of $685.06 million, a P/E ratio of 118.61 and a beta of -0.21. The firm’s 50 day moving average price is $18.24 and its 200 day moving average price is $18.61.

K12 (NYSE:LRN) last issued its quarterly earnings results on Thursday, April 27th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.16. K12 had a return on equity of 3.19% and a net margin of 0.67%. The company had revenue of $222.50 million for the quarter, compared to analyst estimates of $215.69 million. During the same quarter in the prior year, the company posted $0.37 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. Equities analysts predict that K12 Inc will post $0.41 EPS for the current year.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Acrospire Investment Management LLC raised its position in shares of K12 by 639.9% in the first quarter. Acrospire Investment Management LLC now owns 6,541 shares of the company’s stock worth $125,000 after buying an additional 5,657 shares in the last quarter. 1st Global Advisors Inc. acquired a new position in shares of K12 during the first quarter worth $223,000. UBS Asset Management Americas Inc. acquired a new position in shares of K12 during the first quarter worth $255,000. Citadel Advisors LLC acquired a new position in shares of K12 during the first quarter worth $262,000. Finally, Victory Capital Management Inc. acquired a new position in shares of K12 during the first quarter worth $299,000. 79.27% of the stock is currently owned by institutional investors.

A number of equities analysts recently commented on LRN shares. Zacks Investment Research upgraded K12 from a “hold” rating to a “strong-buy” rating and set a $20.00 price objective on the stock in a research report on Thursday, June 29th. BMO Capital Markets reiterated a “buy” rating on shares of K12 in a research report on Friday, April 28th. BidaskClub downgraded K12 from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Finally, TheStreet upgraded K12 from a “c+” rating to a “b-” rating in a research report on Monday, April 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $17.75.

K12 Company Profile

K12 Inc (K12) is a technology-based education company. The Company offers curriculum, software systems and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade (K-12). It provides a continuum of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families.

Insider Buying and Selling by Quarter for K12 (NYSE:LRN)

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