William Blair Investment Management LLC Takes $71.04 Million Position in Stride, Inc. $LRN

Posted by George Bondi on Aug 22nd, 2026

William Blair Investment Management LLC bought a new stake in Stride, Inc. (NYSE:LRN – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 823,698 shares of the company’s stock, valued at approximately $71,036,000. William Blair Investment Management LLC owned 1.98% of Stride as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Stride by 7.5% during the 4th quarter. Vanguard Group Inc. now owns 4,883,571 shares of the company’s stock worth $317,090,000 after purchasing an additional 340,838 shares during the last quarter. Janus Henderson Group PLC increased its stake in Stride by 61.0% in the first quarter. Janus Henderson Group PLC now owns 2,277,279 shares of the company’s stock valued at $200,799,000 after purchasing an additional 862,849 shares during the period. Jennison Associates LLC purchased a new stake in shares of Stride in the fourth quarter valued at about $988,000. Fifth Third Bancorp raised its holdings in shares of Stride by 18,660.7% in the first quarter. Fifth Third Bancorp now owns 54,406 shares of the company’s stock valued at $4,797,000 after buying an additional 54,116 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Stride by 5.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,750,646 shares of the company’s stock worth $154,339,000 after buying an additional 90,851 shares during the period. Hedge funds and other institutional investors own 98.24% of the company’s stock.

Stride Stock Performance

Shares of LRN opened at $84.13 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 5.81 and a current ratio of 5.94. The stock has a market capitalization of $3.50 billion, a P/E ratio of 11.68, a P/E/G ratio of 0.49 and a beta of 0.11. The company’s fifty day moving average is $85.59 and its two-hundred day moving average is $88.37. Stride, Inc. has a 1 year low of $60.61 and a 1 year high of $171.17.

Stride (NYSE:LRN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.48. Stride had a net margin of 13.43% and a return on equity of 23.49%. The company had revenue of $636.06 million during the quarter, compared to the consensus estimate of $626.52 million. During the same quarter in the prior year, the firm earned $2.29 EPS. Stride’s quarterly revenue was down 2.7% on a year-over-year basis. On average, sell-side analysts predict that Stride, Inc. will post 8.62 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on LRN shares. William Blair lowered Stride from an “outperform” rating to a “market perform” rating in a report on Thursday, July 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stride in a research note on Wednesday, July 8th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Stride in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $109.75.

Check Out Our Latest Stock Report on Stride

About Stride

(Free Report)

Stride, Inc (NYSE:LRN) is a technology-driven education company that designs and delivers online learning solutions for students and adult learners. Through long-term partnerships with state-authorized public school districts, Stride operates virtual academies that serve K-12 students across the United States. The company’s blended-learning model combines digital curriculum, live teaching support and data analytics to personalize instruction and monitor student progress.

In addition to its K-12 offerings, Stride provides a portfolio of career and workforce readiness programs under its Stride Career Prep division.