K12 Inc (NYSE:LRN) CFO James Jeaho Rhyu sold 10,000 shares of the stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $18.00, for a total transaction of $180,000.00. Following the sale, the chief financial officer now owns 255,624 shares in the company, valued at approximately $4,601,232. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, July 26th, James Jeaho Rhyu sold 5,000 shares of K12 stock. The stock was sold at an average price of $18.04, for a total transaction of $90,200.00.
  • 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 transaction of $90,350.00.
  • 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 transaction 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 transaction 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 transaction of $93,950.00.

K12 Inc (NYSE:LRN) opened at 18.05 on Tuesday. The stock has a 50 day moving average of $18.07 and a 200 day moving average of $18.63. The company has a market capitalization of $690.41 million, a PE ratio of 119.54 and a beta of -0.20. K12 Inc has a 12-month low of $10.17 and a 12-month high of $21.18.

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Several research firms have commented on LRN. Zacks Investment Research upgraded shares of K12 from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Tuesday, July 18th. BidaskClub cut shares of K12 from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $22.00 price objective on shares of K12 in a report on Wednesday, April 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $17.75.

Hedge funds and other institutional investors have recently bought and sold shares of the company. State Board of Administration of Florida Retirement System boosted its position in K12 by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 32,868 shares of the company’s stock worth $564,000 after buying an additional 90 shares during the period. Legal & General Group Plc raised its position in shares of K12 by 3.7% in the second quarter. Legal & General Group Plc now owns 8,346 shares of the company’s stock worth $150,000 after buying an additional 298 shares during the period. Strs Ohio raised its position in shares of K12 by 1.8% in the second quarter. Strs Ohio now owns 40,700 shares of the company’s stock worth $729,000 after buying an additional 700 shares during the period. Two Sigma Investments LP raised its position in shares of K12 by 1.2% in the fourth quarter. Two Sigma Investments LP now owns 69,317 shares of the company’s stock worth $1,189,000 after buying an additional 803 shares during the period. Finally, Wells Fargo & Company MN raised its position in shares of K12 by 2.0% in the first quarter. Wells Fargo & Company MN now owns 48,640 shares of the company’s stock worth $932,000 after buying an additional 973 shares during the period. 79.21% of the stock is owned by hedge funds and other institutional investors.

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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