K12 CEO Unloads $310,700 in Stock (LRN )

Posted by: admin Posted date: August 03, 2013 In: Insider Trades , Investing

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K12 (NYSE:LRN) CEO Ronald Packard sold 10,000 shares of K12 stock in a transaction that occured on Thursday, August 1st. The stock was sold at an average price of $31.07, for a total transaction of $310,700.00. Following the completion of the transaction, the now directly owns 188,008 shares in the company. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link .

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of K12 from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, July 9th. They now have a $31.50 target on the stock. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of K12 in a research note to investors on Monday, May 20th. They now have a $33.00 price target on the stock, up previously from $28.00.

One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average of $29.50.

Shares of K12 (NYSE:LRN ) traded down 0.94% during mid-day trading on Friday, hitting $31.58. K12 has a 52 week low of $15.83 and a 52 week high of $32.12. The stock’s 50-day moving average is currently $28.94. The has a market cap of $1.155 billion and a P/E ratio of 45.54.

K12 Inc (NYSE:LRN ) is a technology-based company.

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K12 Rating Increased to Outperform at Zacks (LRN )

K12 Inc. logo

K12 (NYSE: LRN) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued on Tuesday, Analyst Ratings Network.com reports. The firm currently has a $31.50 price objective on the stock. Zacks ‘ price target suggests a potential upside of 8.47% from the company’s current price.

Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of K12 in a research note to investors on Monday, May 20th. They now have a $33.00 price target on the stock, up previously from $28.00.

One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. K12 currently has an average rating of “Buy” and a consensus target price of $29.50.

Shares of K12 (NYSE: LRN ) traded up 0.45% during mid-day trading on Tuesday, hitting $29.17. K12 has a one year low of $15.83 and a one year high of $30.89. The stock’s 50-day moving average is currently $28.27. The company has a market cap of $1.067 billion and a P/E ratio of 41.49.

K12 (NYSE: LRN) last issued its quarterly earnings data on Friday, May 3rd. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.23 by $0.08. The company had revenue of $218.00 million for the quarter, compared to the consensus estimate of $212.85 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 22.3% on a year-over-year basis. On average, analysts predict that K12 will post $0.69 earnings per share for the current fiscal year.

K12 Inc (NYSE: LRN ) is a technology-based company.

To view Zacks’ full report, visit www.zacks.com

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K12 Inc. Receives Accreditation Renewal from AdvancED

Industry leader continues to meet the highest standards of education management; receives accreditation renewal for five years

HERNDON, Jul 01, 2013 (GLOBE NEWSWIRE via COMTEX) –via PRWEB – K12 Inc. LRN +1.40% today announced that AdvancED, a global leader in advancing education excellence through accreditation and school improvement, has renewed the education company’s accreditation for five more years.

AdvancED is the world’s largest education community, representing 30,000 public and private school systems across the United States and in 75 countries worldwide and educating 16 million students.

“We are proud that our hard work and commitment to quality, improvement and best practices in digital learning have been validated by AdvancED,” said Allison Cleveland, Executive Vice President of School Services. “The accreditation process is rigorous, and K12 representatives worked tirelessly to examine and report on evidence that demonstrated we are meeting or exceeding AdvancED Standards and Indicators.

Over the past year, a select group of K12 staff participated in focus groups to examine current practices and gather evidence to present to an external review committee. In April, a team of AdvancED representatives conducted an External Review and had detailed discussions and interviews with corporate and school staff, parents, and teachers. The External Review team visited K12 headquarters, met with leaders from K12-managed online public schools, and observed several online learning environments. The team also attended a corporate-wide broadcast to better understand K12’s commitment to the student and teacher experience.

Dr. Margaret Jorgensen, Chief Academic Officer of K12 Inc., said, “Students are our first priority. We are dedicated to student achievement, the best practices in teaching and instruction, and excellent school services, so that every child has the opportunity to succeed with K12.

AdvancED accreditation provides reciprocity of credits, courses and grade level placements between schools and universities around the world and validation of the equivalency of diplomas and certificates to other accredited schools and universities. Additionally, accreditation ensures a consistent level of quality in a network of participating schools that is valued by the public and by post-secondary institutions.

The AdvancED Accreditation Process is a protocol embraced around the world and is a comprehensive program of evaluation and external review, supported by research-based standards and dedication to helping schools, districts and education providers continuously improve.

About K12 Inc.

K12 Inc. LRN +1.40% is leading the transformation to individualized learning as the nation’s foremost provider of technology-powered online solutions for students in pre-kindergarten through high school. K12 has worked with more than 2,000 school districts and has delivered more than four million courses over the past decade. K12 provides curricula, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and families. K12 ‘s curriculum is rooted in decades of research combined with 21st-century technology by cognitive scientists, interactive designers, and teachers. K12 ‘s portfolio of more than 550 unique courses and titles – the most extensive in the technology-based education industry – covers every core subject and four academic levels for high school including Honors and AP. K12 offers credit recovery courses, career-building electives, remediation support, six world languages, and a deep STEM offering. The K12 Program is offered through K12 partner public schools in more than two-thirds of the states and the District of Columbia, and through private schools serving students in all 50 states and 85 countries. More information can be found at http://www.K12.com.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/K12IncAccreditation/prweb10890144.htm

        CONTACT: K12 Inc                 Ashley Collier                 press@k12.com                 703.436.3168        

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K12 Inc. to Provide School Districts with Mobile Access to Common Core-Aligned Content, Assessments, and World Languages

AnyWhere Learning System(R) (ALS(R)) by K12(R) and Middlebury Interactive Languages(TM) Available on the iPad(R) for 2-13-2014 School Year

HERNDON, Jun 24, 2013 (Menafn – GLOBE NEWSWIRE via COMTEX) –via PRWEB – K12 Inc. LRN, the nation’s leading provider of technology-powered individualized education solutions for students in pre-kindergarten through high school, today announced that it is providing school districts mobile access via the iPad(R) to the AnyWhere Learning System(R) (ALS(R)) by K12(R) and Middlebury Interactive Languages(TM) curricula in the 2013-2014 school year. The announcement was made at the International Society for Technology in Education (ISTE) Annual Conference and Exposition.

According to MDR, a leading U.S. provider of education marketing information and services, of the more than 800 school districts surveyed in its “2012 State of the K-12 Market Report,” 67 percent of curriculum directors and 58 percent of technology directors cited tablets as a “must-have technology” for the 21st century classroom. With this increasing demand, K12 is expanding its mobile offerings beyond the K12 applications currently available for the iPad, iPhone(R), and iPod touch(R) that provide students additional help in learning key concepts about money, Algebra, the Periodic table, and other subjects.

“We are expanding our mobile offerings to enable our school district partners and their students to leverage the power of anytime, anywhere access to high quality content, assessments and courses that are aligned with state and national standards,” said Gregg Levin, Senior Vice President of K12’s Institutional Business, which serves school districts. “Today, mobile access to curriculum and powerful management tools is critical to empowering school districts to successfully address the individual needs of more students through online learning.”

The AnyWhere Learning System by K12, which includes prescriptive learning and remediation content and accelerated coursework, will be available on the iPad. Containing 93 titles in language arts, math, science, social studies, and high school electives – more than 160,000 pages of content – ALS on the iPad is aligned with Common Core State Standards and state objectives for students in grades 1-12. ALS also provides study guides and practice and mastery assessments. Whether they have significant learning gaps or they’re looking to extend their knowledge, now students can use an iPad to work on their lessons anywhere with Internet connectivity.

Also available via iPad will be 24 world language courses from Middlebury Interactive Languages, a joint venture between K(1)(2) and Middlebury College. School districts can provide students in grades 6-12 mobile access to Middlebury courses in Spanish, French, German, Latin, and Chinese, including AP(R) Spanish and AP French. This engaging world language curriculum is based on the proven methodology established and supported by Middlebury College, the recognized international leader in world language pedagogy.

“More and more, districts are investing resources in tablets and multiple-user technologies so that interventions or accelerated coursework can be structured at school and completed in or out of the classroom,” said Tres Tyvand, Student Services Coordinator for Oregon’s Bend-La Pine Schools Online Plus. “ALS for iPad is a powerful tool that can serve hundreds of students – even at a school with limited resources – with customized, common core-based interventions and advanced lessons that are differentiated for each child. Now the teacher can focus on core instructions during face-to-face time, and use ALS for iPad for targeted learning during other times. Now it’s anytime, anywhere, it’s easy, and it works.”

Bend-La Pine Schools offer district-wide online learning programs, including full-time and part-time online programs for elementary, middle and high school, enrichment courses, and credit recovery for high school. The district serves more than 2,000 students with online programs annually.

K12 provides schools and districts the industry’s most complete continuum of proprietary pre-kindergarten through high school online learning solutions for full-time virtual, blended, and traditional classroom learning environments. By integrating curriculum, technology, and services, K12 empowers its school and district partners to provide individualized learning and maximize student and district outcomes. Over the past decade, the company has served more than 2,000 districts and delivered over four million online course enrollments from its award-winning portfolio. For more information on K12’s online solutions for schools and districts, visit educators.k12.com.

About K12 Inc.

K12 Inc. LRN is leading the transformation to individualized learning as the nation’s foremost provider of technology-powered proprietary online solutions for students in pre-kindergarten through high school. K12 has worked with over 2,000 school districts and has delivered more than four million courses over the past decade. K12 provides curricula, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and families. K12’s curriculum is rooted in decades of research combined with 21st-century technology by cognitive scientists, interactive designers and teachers. K12’s portfolio of more than 500 unique courses and titles–the most extensive in the technology-based education industry–covers every core subject and four academic levels for high school including Honors and AP. K12 offers credit recovery courses, career-building electives, remediation support, six world languages, and a deep STEM offering. The K12 Program is offered through K12 partner public schools in more than two-thirds of the states and the District of Columbia, and through private schools serving students in all 50 states and 85 countries. More information can be found at k12.com.

(C) 2013 K12 Inc. K12 and AnyWhere Learning System are registered trademarks, and the K12 logo is a trademark of K12 Inc. All other trademarks are the property of their respective owners.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/6/prweb10862464.htm

CONTACT: K12 Inc.
Beth Halloran
bhalloran@k12.com
703.436.3263

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K12 Inc. Graduates Record Number of Students

Thousands Receive Diplomas From Online and Blended High Schools Across the U.S.

HERNDON, Jun 20, 2013 (Menafn – GLOBE NEWSWIRE via COMTEX) –via PRWEB – K12 Inc. LRN, America’s largest provider of proprietary curriculum and online school programs in kindergarten through high school, reported a record number of students across the U.S. graduated from its partner schools this year.

Across the U.S., over 4,000 students graduated this year from online and blended schools using the award-winning K12(R) program.

K12 is also recognizing an important education milestone: the first set of graduates born in the “Internet Age” to complete their elementary, middle school and high school education in a K12-operated online school. Four students who graduated from Colorado Virtual Academy were enrolled in the online public school since it opened in 2001. The students excelled in online school, graduating with high marks while pursuing numerous extracurricular activities.

In partnership with school districts and charter schools, K12 operates online and blended public schools in 33 states and the District of Columbia. K12’s curriculum, digital courses and academic programs are used by over 2,000 school districts across all 50 states. K12 also operates accredited online private schools serving students in the U.S. and over 80 countries worldwide.

Over the past month, K12-partner online high schools hosted graduation ceremonies to celebrate the class of 2013.

K12 Inc. Founder, Ron Packard, a pioneer in education and author of the new book, Education Transformation, delivered commencement addresses at a number of graduation ceremonies. At a recent event in Colorado, Packard honored the four pioneering Colorado graduates from Colorado Virtual Academy, and he also received The Presidential Award from the Colorado Virtual Academy Board of Directors in honor of his service and in observance of K12’s contribution to students.

“While this is still a new phenomenon in America, I believe we’re beginning to witness a true tipping point,” said Ron Packard. “The first wave of graduates to matriculate through one of K12’s partner schools from elementary through high school coincides with a rapidly expanding number of students enrolling in online and blended schools across America. Education is being transformed by the power of technology. It is driving innovation in school districts large and small, personalizing learning in ways never seen before, and expanding choices for parents and opportunities for students.”

K12-partner online and blended schools are able to offer highly individualized learning programs where students access rigorous curricula and diverse course electives, with the ability to learn at their own time and pace. K12 is designed to ensure students are college and career ready upon graduation, and are prepared for the rigorous academic experiences of colleges, universities, and other post-secondary institutions. With K12, students develop the skills of self-learning and hard work essential to succeed at the next level.

Each graduate has a unique story, and their reasons for choosing K12-partner online schools are as diverse as the student population itself. Some chose online schools because it allowed them to learn at an advanced pace and take college-level courses, while others came to online schools to find refuge from unsafe schools, bullying, or negative peer pressures. K12 has also helped graduates with special needs overcome learning challenges, and provided new opportunities to students who had dropped out of school.

In Chicago, the K12-powered Youth Connection Charter School Virtual High School (YCCS Virtual High School) – an innovative blended charter school – is giving at-risk students who had formerly dropped out of school a second chance to earn a diploma. In this blended school model, students between ages 18-21 combine online learning and classroom work with flexible hours that adapt to their individual schedules, academic needs, and life circumstances.

On Monday, June 17, YCCS Virtual High School honored its fourth graduating class in a ceremony at Malcolm X College. Now with diplomas in hand, 85 graduates of YCCS Virtual High School – students who overcame significant obstacles and challenges – are heading off to their colleges and careers.

“K12 is extremely proud of all of the students who graduated from the online and blended schools we are so privileged to serve,” said Nate Davis, Executive Chairman of K12 Inc. “Congratulations, class of 2013.”

About K12 Inc.

K12 Inc. LRN is leading the transformation to individualized learning as the nation’s foremost provider of technology-powered proprietary online solutions for students in pre-kindergarten through high school. K12 has worked with more than 2,000 school districts and has delivered more than 4 million courses over the past decade. K12 provides curricula, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and families. K12 ‘s curriculum is rooted in decades of research combined with 21st-century technology by cognitive scientists, interactive designers, and teachers. K12 ‘s portfolio of more than 550 unique courses and titles–the most extensive in the technology-based education industry–covers every core subject and four academic levels for high school, including Honors and AP. K12 offers credit recovery courses, career-building electives, remediation support, six world languages, and a deep STEM offering. The K12 Program is offered through K12 partner public schools in more than two-thirds of the states and the District of Columbia, and through private schools serving students in all 50 states and 85 countries. More information can be found at http://www.K12.com

(C) 2013 K12 Inc. K12 is a registered trademark, and the K12 logo is a trademark of K12 Inc. All other trademarks are the property of their respective owners.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/K12IncGraduates/prweb10852976.htm

CONTACT: K12 Inc.
Jeff Kwitowski
press@k12.com
703.436.3168

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K12 Given Buy Rating at Stifel Nicolaus (LRN )

http://thetruthaboutk12.com//wp-content/uploads/2015/09/ K12 (NYSE: LRN)‘s stock had its “buy” rating restated by equities researchers at Stifel Nicolaus in a report issued on Monday, StocKRatingsNetwork.com reports. They currently have a $33.00 target on the stock, up from their previous target price of $28.00.

The analysts wrote, “In fact the outlook for the core managed school heading into next year is looking stronger thus improving prospects for another strong year of earnings and EBITDA growth and a catalyst for the stock, in our view. Although controversy and volatility in the shares is expected to continue, we believe that the company is well positioned to facilitate school choice and participate in the growth of online and individualized learning and the shift to digital delivery of educational content. Growing acceptance of this modality and recognition of its potential for educational efficacy and cost efficiency is driving the market. Moreover, improving profitability (margins) from a low base driven by operating and organizational efficiency and leveraging of the cost structure should drive high rates of EPS growth, in our opinion. Short covering in a rising market has and could continue to contribute to price strength.

K12 (NYSE: LRN ) traded up 0.30% on Monday, hitting $29.70. K12 has a 52-week low of $15.83 and a 52-week high of $30.03. The stock’s 50-day moving average is currently $25.47. The company has a market cap of $1.086 billion and a price-to-earnings ratio of 42.30.

K12 (NYSE: LRN) last issued its quarterly earnings on Friday, May 3rd. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.08. The company had revenue of $218.00 million for the quarter, compared to the consensus estimate of $212.85 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 22.3% on a year-over-year basis. Analysts expect that K12 will post $0.69 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on LRN. Analysts at First Analysis initiated coverage on shares of K12 in a note to investors on Thursday, April 4th. They set an “overweight” rating on the stock. Analysts at TheStreet upgraded shares of K12 from a “hold” rating to a “buy” rating in a research note to investors on Monday, March 25th.

One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $29.00.

K12 Inc. (NYSE: LRN ) is a technology-based company.

Get Analysts’ Upgrades and Downgrades via Email – Stay on top of analysts’ coverage with Analyst Ratings Network’s FREE daily email newsletter that provides a concise list of analysts’ upgrades and downgrades. Click here to register now .