Stride, Inc. $LRN Stock Position Decreased by Bank of Montreal Can

Bank of Montreal Can decreased its position in Stride, Inc. (NYSE:LRN) by 23.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,607 shares of the company’s stock after selling 5,556 shares during the quarter. Bank of Montreal Can’s holdings in Stride were worth $2,702,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LRN. Larson Financial Group LLC lifted its stake in Stride by 333.3% in the first quarter. Larson Financial Group LLC now owns 208 shares of the company’s stock valued at $26,000 after acquiring an additional 160 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Stride by 374.6% during the 1st quarter. Harbour Investments Inc. now owns 337 shares of the company’s stock valued at $43,000 after purchasing an additional 266 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Stride in the 1st quarter valued at $43,000. Geneos Wealth Management Inc. lifted its stake in shares of Stride by 62.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 340 shares of the company’s stock valued at $43,000 after purchasing an additional 131 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in Stride by 129.6% in the second quarter. Cullen Frost Bankers Inc. now owns 326 shares of the company’s stock worth $47,000 after purchasing an additional 184 shares in the last quarter. Institutional investors own 98.24% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on LRN shares. Zacks Research lowered Stride from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Stride in a report on Wednesday, October 8th. Wall Street Zen lowered Stride from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Morgan Stanley upped their target price on Stride from $148.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Finally, Canaccord Genuity Group lifted their price target on shares of Stride from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $141.75.

Insider Activity at Stride

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 stock was sold at an average price of $162.66, for a total value of $2,270,896.26. Following the completion of the sale, the chief executive officer 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.00% of the company’s stock.

Stride Price Performance

Shares of Stride stock opened at $65.64 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 6.78 and a quick ratio of 5.27. The company has a market cap of $2.88 billion, a PE ratio of 10.13, a price-to-earnings-growth ratio of 0.40 and a beta of -0.02. The firm has a fifty day moving average price of $131.00 and a two-hundred day moving average price of $141.51. Stride, Inc. has a fifty-two week low of $63.86 and a fifty-two week high of $171.17.

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