K12 Inc (NYSE:LRN) CFO James Jeaho Rhyu sold 5,000 shares of the business’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $18.04, for a total transaction of $90,200.00. Following the sale, the chief financial officer now owns 250,624 shares of the company’s stock, valued at approximately $4,521,256.96. The sale was disclosed in a legal filing with the SEC, which is available at this link.
James Jeaho Rhyu also recently made the following trade(s):
- 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 transaction of $180,300.00.
- 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 transaction of $90,350.00.
- On Wednesday, July 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 transaction of $180,000.00.
- On Wednesday, June 21st, James Jeaho Rhyu sold 10,000 shares of K12 stock. The shares were sold at an average price of $18.20, for a total transaction of $182,000.00.
- On Wednesday, June 7th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The shares were sold at an average price of $18.55, for a total transaction of $92,750.00.
- On Tuesday, June 6th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The shares were sold at an average price of $18.79, for a total transaction of $93,950.00.
Shares of K12 Inc (NYSE LRN) opened at 16.99 on Monday. The stock has a 50 day moving average of $17.89 and a 200 day moving average of $18.65. The company has a market cap of $657.21 million, a price-to-earnings ratio of 1699.00 and a beta of -0.20. K12 Inc has a 1-year low of $10.17 and a 1-year high of $21.18.
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Institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in shares of K12 by 8.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,996,609 shares of the company’s stock valued at $53,700,000 after buying an additional 227,364 shares during the last quarter. Hancock Holding Co. bought a new position in shares of K12 during the second quarter valued at $1,185,000. Parametric Portfolio Associates LLC increased its position in shares of K12 by 46.9% in the second quarter. Parametric Portfolio Associates LLC now owns 159,358 shares of the company’s stock valued at $2,856,000 after buying an additional 50,862 shares during the last quarter. Nordea Investment Management AB increased its position in shares of K12 by 0.9% in the second quarter. Nordea Investment Management AB now owns 149,400 shares of the company’s stock valued at $2,677,000 after buying an additional 1,300 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of K12 by 1.8% in the second quarter. Vanguard Group Inc. now owns 2,787,709 shares of the company’s stock valued at $49,955,000 after buying an additional 50,164 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.
Several analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of K12 from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. BMO Capital Markets reiterated a “buy” rating on shares of K12 in a research note on Friday, April 28th. Finally, BidaskClub lowered shares of K12 from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $18.67.
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.
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