News articles about K12 (NYSE:LRN) have trended positive on Tuesday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. K12 earned a news sentiment score of 0.31 on Accern’s scale. Accern also assigned headlines about the company an impact score of 48.3249976014462 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of K12 from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine cut shares of K12 from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $19.00.
Shares of K12 (NYSE:LRN) traded down $0.08 on Tuesday, hitting $14.83. 51,331 shares of the stock traded hands, compared to its average volume of 209,354. The company has a market cap of $623.71, a PE ratio of 82.50, a P/E/G ratio of 1.58 and a beta of 0.07. K12 has a one year low of $14.01 and a one year high of $21.18. The company has a quick ratio of 4.00, a current ratio of 4.15 and a debt-to-equity ratio of 0.02.
In related news, insider Nathaniel A. Davis sold 20,000 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $18.08, for a total value of $361,600.00. Following the completion of the transaction, the insider now directly owns 353,874 shares of the company’s stock, valued at $6,398,041.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Howard D. Polsky sold 6,099 shares of the firm’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $17.50, for a total transaction of $106,732.50. Following the completion of the transaction, the general counsel now directly owns 128,728 shares of the company’s stock, valued at $2,252,740. The disclosure for this sale can be found here. 9.61% of the stock is currently owned by company insiders.
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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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