Global Alpha Capital Management Ltd. Purchases 1,060 Shares of Stride, Inc. $LRN

Global Alpha Capital Management Ltd. lifted its position in shares of Stride, Inc. (NYSE:LRN) by 4.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,014 shares of the company’s stock after purchasing an additional 1,060 shares during the period. Global Alpha Capital Management Ltd. owned 0.05% of Stride worth $3,341,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. AE Wealth Management LLC bought a new position in Stride during the 2nd quarter worth $208,000. Penserra Capital Management LLC acquired a new position in shares of Stride in the second quarter valued at about $27,000. Savant Capital LLC acquired a new position in shares of Stride in the second quarter valued at about $208,000. Golden State Wealth Management LLC increased its position in Stride by 37.5% during the second quarter. Golden State Wealth Management LLC now owns 275 shares of the company’s stock worth $40,000 after acquiring an additional 75 shares during the period. Finally, Corton Capital Inc. acquired a new stake in Stride in the 2nd quarter worth about $273,000. 98.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Stride news, CEO James Jeaho Rhyu sold 13,961 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 706,353 shares in the company, valued at $114,895,378.98. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 3.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LRN. Barrington Research decreased their target price on shares of Stride from $185.00 to $125.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 29th. BMO Capital Markets set a $108.00 price target on Stride and gave the stock a “market perform” rating in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stride in a report on Wednesday, October 8th. Wall Street Zen downgraded Stride from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Zacks Research cut Stride from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $141.75.

Stride Price Performance

Stride stock opened at $71.72 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 5.27 and a current ratio of 6.78. Stride, Inc. has a 52 week low of $65.11 and a 52 week high of $171.17. The stock has a market capitalization of $3.15 billion, a P/E ratio of 11.07, a price-to-earnings-growth ratio of 0.40 and a beta of -0.02. The stock has a fifty day moving average of $136.74 and a 200-day moving average of $143.03.

Stride (NYSE:LRN) last released its quarterly earnings data on Tuesday, October 28th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.29. The business had revenue of $620.88 million for the quarter, compared to analyst estimates of $615.50 million. Stride had a return on equity of 26.29% and a net margin of 12.76%.Stride’s revenue was up 12.7% compared to the same quarter last year. During the same period last year, the firm posted $0.94 earnings per share. Stride has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts expect that Stride, Inc. will post 6.67 earnings per share for the current fiscal year.

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.