K12 Inc (NYSE:LRN) CFO James Jeaho Rhyu sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the completion of the sale, the chief financial officer now directly owns 204,591 shares of the company’s stock, valued at $3,682,638. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Tuesday, October 3rd, James Jeaho Rhyu sold 5,000 shares of K12 stock. The shares were sold at an average price of $18.00, for a total value of $90,000.00.
  • On Wednesday, September 27th, James Jeaho Rhyu sold 10,000 shares of K12 stock. The shares were sold at an average price of $18.00, for a total value of $180,000.00.
  • On Tuesday, September 12th, James Jeaho Rhyu sold 10,000 shares of K12 stock. The shares were sold at an average price of $18.00, for a total value of $180,000.00.
  • On Thursday, August 31st, James Jeaho Rhyu sold 10,000 shares of K12 stock. The shares were sold at an average price of $18.00, for a total value of $180,000.00.
  • On Wednesday, August 9th, James Jeaho Rhyu sold 10,000 shares of K12 stock. The shares were sold at an average price of $18.03, for a total value of $180,300.00.
  • On Wednesday, July 26th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The shares were sold at an average price of $18.04, for a total value of $90,200.00.
  • On Tuesday, July 25th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The shares were sold at an average price of $18.07, for a total value of $90,350.00.

Shares of K12 Inc (NYSE:LRN) traded up 1.75% during midday trading on Friday, hitting $18.04. The company had a trading volume of 103,220 shares. The company has a 50-day moving average of $17.67 and a 200-day moving average of $18.37. K12 Inc has a 12 month low of $10.17 and a 12 month high of $21.18. The company has a market capitalization of $697.82 million, a PE ratio of 1804.00 and a beta of -0.23.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its holdings in K12 by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 26,520 shares of the company’s stock valued at $475,000 after acquiring an additional 143 shares during the last quarter. Legal & General Group Plc lifted its holdings in K12 by 3.7% in the second quarter. Legal & General Group Plc now owns 8,346 shares of the company’s stock valued at $150,000 after acquiring an additional 298 shares during the last quarter. Strs Ohio lifted its holdings in K12 by 1.8% in the second quarter. Strs Ohio now owns 40,700 shares of the company’s stock valued at $729,000 after acquiring an additional 700 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in K12 by 2.0% in the first quarter. Wells Fargo & Company MN now owns 48,640 shares of the company’s stock valued at $932,000 after acquiring an additional 973 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in K12 by 2.8% in the second quarter. Rhumbline Advisers now owns 41,922 shares of the company’s stock valued at $751,000 after acquiring an additional 1,155 shares during the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Several research firms have recently issued reports on LRN. Zacks Investment Research lowered K12 from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub lowered K12 from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Finally, TheStreet lowered K12 from a “b-” rating to a “c+” rating in a research note on Thursday, August 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $18.67.

About K12

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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