Van Hulzen Asset Management LLC Trims Position in Stride, Inc. $LRN

Van Hulzen Asset Management LLC trimmed its stake in Stride, Inc. (NYSE:LRN) by 14.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,875 shares of the company’s stock after selling 2,765 shares during the period. Van Hulzen Asset Management LLC’s holdings in Stride were worth $2,450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Penserra Capital Management LLC bought a new stake in shares of Stride during the second quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. increased its holdings in Stride by 78.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 193 shares of the company’s stock worth $28,000 after purchasing an additional 85 shares during the period. Golden State Wealth Management LLC raised its position in Stride by 37.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 275 shares of the company’s stock valued at $40,000 after purchasing an additional 75 shares in the last quarter. Harbour Investments Inc. raised its position in 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. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Stride in the 1st quarter worth $43,000. 98.24% of the stock is currently owned by institutional investors.

Stride Stock Performance

Shares of Stride stock opened at $62.73 on Tuesday. The company has a market capitalization of $2.75 billion, a PE ratio of 9.68, a P/E/G ratio of 0.40 and a beta of 0.03. The company has a 50-day simple moving average of $108.16 and a two-hundred day simple moving average of $133.32. Stride, Inc. has a one year low of $61.89 and a one year 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.

Stride (NYSE:LRN) last issued its quarterly earnings data 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. The firm had revenue of $620.88 million for the quarter, compared to the consensus estimate of $615.50 million. Stride had a net margin of 12.76% and a return on equity of 26.29%. The company’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.94 EPS. Stride has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts expect that Stride, Inc. will post 6.67 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Morgan Stanley raised their price target on Stride from $148.00 to $159.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Zacks Research lowered shares of Stride from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Wall Street Zen downgraded shares of Stride from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Canaccord Genuity Group boosted their price target on shares of Stride from $165.00 to $175.00 and gave the company a “buy” rating in a report on Friday, October 24th. Finally, Barrington Research lowered their price target on shares of Stride from $185.00 to $125.00 and set an “outperform” rating for the company in a research report on Wednesday, October 29th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Stride presently has a consensus rating of “Hold” and an average target price of $141.75.

Stride Company 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.