Barrington analyst Alexander Paris maintained a Buy rating on Stride (LRN – Research Report) on May 26 and set a price target of $50.00. The company’s shares closed last Friday at $39.50, close to its 52-week high of $41.20.
According to TipRanks.com, Paris is a 5-star analyst with an average return of 18.0% and a 56.8% success rate. Paris covers the Services sector, focusing on stocks such as Universal Technical Institute, American Public Education, and Adtalem Global Education.
Stride has an analyst consensus of Strong Buy, with a price target consensus of $51.00.
Stride’s market cap is currently $1.69B and has a P/E ratio of 18.62.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LRN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
K12, Inc. is a technology-based educational company, which offers proprietary and third party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name. The company was founded by Ronald J. Packard in 1999 and is headquartered in Herndon, VA.
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