K12 Inc. (NYSE:LRN) shares saw unusually-strong trading volume on Tuesday . Approximately 345,003 shares were traded during mid-day trading, an increase of 142% from the previous session’s volume of 142,563 shares.The stock last traded at $10.89 and had previously closed at $12.83.

Several research analysts have recently commented on LRN shares. TheStreet raised shares of K12 from a “sell” rating to a “hold” rating in a report on Friday, July 8th. Barrington Research reaffirmed a “market perform” rating on shares of K12 in a report on Friday, July 15th.

The stock’s 50-day moving average price is $12.68 and its 200-day moving average price is $11.16. The stock’s market capitalization is $425.53 million.

K12 (NYSE:LRN) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.04. The firm had revenue of $221.30 million for the quarter, compared to analyst estimates of $210.13 million. During the same period last year, the firm earned $0.18 EPS. The company’s revenue was down 6.1% compared to the same quarter last year. On average, equities research analysts predict that K12 Inc. will post $0.39 earnings per share for the current fiscal year.

Other hedge funds have recently modified their holdings of the company. Bank of Montreal Can boosted its stake in shares of K12 by 169.3% in the fourth quarter. Bank of Montreal Can now owns 157,318 shares of the company’s stock worth $1,384,000 after buying an additional 98,896 shares during the last quarter. Matarin Capital Management LLC purchased a new stake in shares of K12 during the fourth quarter worth $2,638,000. Finally, California Public Employees Retirement System boosted its stake in shares of K12 by 6.5% in the fourth quarter. California Public Employees Retirement System now owns 305,900 shares of the company’s stock worth $2,692,000 after buying an additional 18,600 shares during the last quarter.

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 range of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families.

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