6,625 Shares in Stride, Inc. $LRN Purchased by Future Fund LLC

Future Fund LLC acquired a new position in shares of Stride, Inc. (NYSE:LRN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,625 shares of the company’s stock, valued at approximately $962,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in LRN. Inspire Investing LLC acquired a new stake in shares of Stride during the 1st quarter valued at $792,000. Asset Management One Co. Ltd. raised its holdings in shares of Stride by 33.8% during the second quarter. Asset Management One Co. Ltd. now owns 43,033 shares of the company’s stock worth $6,248,000 after acquiring an additional 10,870 shares in the last quarter. Swedbank AB raised its holdings in shares of Stride by 5.4% during the first quarter. Swedbank AB now owns 1,009,726 shares of the company’s stock worth $127,730,000 after acquiring an additional 52,000 shares in the last quarter. United Services Automobile Association acquired a new stake in Stride during the first quarter valued at $326,000. Finally, Convergence Investment Partners LLC purchased a new position in Stride in the second quarter valued at about $865,000. 98.24% of the stock is currently owned by institutional investors and hedge funds.

Stride Stock Up 1.6%

Shares of LRN stock opened at $71.72 on Friday. The stock’s 50 day simple moving average is $136.74 and its 200 day simple moving average is $143.07. Stride, Inc. has a twelve month low of $65.11 and a twelve month high of $171.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 5.27 and a current ratio of 6.78. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 11.07, a PEG ratio of 0.40 and a beta of -0.02.

Stride (NYSE:LRN) last announced its earnings results on Tuesday, October 28th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.29. Stride had a return on equity of 26.29% and a net margin of 12.76%.The firm had revenue of $620.88 million during the quarter, compared to analysts’ expectations of $615.50 million. During the same quarter in the prior year, the business earned $0.94 earnings per share. The company’s revenue was up 12.7% on a year-over-year basis. Stride has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, research analysts predict that Stride, Inc. will post 6.67 EPS for the current year.

Insider Activity

In related news, CEO James Jeaho Rhyu sold 13,961 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $162.66, for a total value of $2,270,896.26. Following the transaction, the chief executive officer directly owned 706,353 shares in the company, valued at approximately $114,895,378.98. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LRN. Barrington Research cut their price target on Stride from $185.00 to $125.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Morgan Stanley increased their price objective on Stride from $148.00 to $159.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. BMO Capital Markets set a $108.00 price objective on shares of Stride and gave the company a “market perform” rating in a research report on Wednesday, October 29th. Wall Street Zen downgraded shares of Stride from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Canaccord Genuity Group increased their price target on shares of Stride from $165.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $141.75.

Stride Profile

Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.