K12 Inc (NYSE:LRN) CFO James Jeaho Rhyu sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $18.00, for a total transaction of $180,000.00. Following the completion of the sale, the chief financial officer now owns 201,881 shares of the company’s stock, valued at approximately $3,633,858. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • 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 transaction 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 transaction 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 transaction 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 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.

Shares of K12 Inc (NYSE LRN) opened at 17.99 on Wednesday. K12 Inc has a 12 month low of $10.17 and a 12 month high of $21.18. The company has a 50-day moving average of $17.60 and a 200-day moving average of $18.51. The firm has a market cap of $695.89 million, a P/E ratio of 1799.00 and a beta of -0.24.

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Hedge funds and other institutional investors have recently bought and sold shares of the business. Janus Capital Management LLC bought a new position in K12 in the 1st quarter worth about $850,000. Victory Capital Management Inc. bought a new position in K12 in the 1st quarter worth about $299,000. American Century Companies Inc. grew its position in K12 by 128.6% in the 1st quarter. American Century Companies Inc. now owns 102,638 shares of the company’s stock worth $1,966,000 after purchasing an additional 57,748 shares during the last quarter. Bank of New York Mellon Corp grew its position in K12 by 2.8% in the 1st quarter. Bank of New York Mellon Corp now owns 473,384 shares of the company’s stock worth $9,066,000 after purchasing an additional 12,894 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in K12 in the 1st quarter worth about $446,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

A number of equities research analysts recently commented on LRN shares. Zacks Investment Research downgraded shares of K12 from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. BidaskClub downgraded shares of K12 from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Finally, TheStreet downgraded shares of K12 from a “b-” rating to a “c+” rating in a research report on Thursday, August 17th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the company. K12 presently has a consensus rating of “Buy” and a consensus price target 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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