Creative Planning Has $2.69 Million Stock Position in Stride, Inc. $LRN

Creative Planning boosted its stake in Stride, Inc. (NYSE:LRN) by 32.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,536 shares of the company’s stock after purchasing an additional 4,535 shares during the quarter. Creative Planning’s holdings in Stride were worth $2,691,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Inspire Investing LLC bought a new position in Stride during the first quarter worth about $792,000. Asset Management One Co. Ltd. raised its position 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 purchasing an additional 10,870 shares during the period. Swedbank AB raised its position 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 purchasing an additional 52,000 shares during the period. United Services Automobile Association bought a new position in shares of Stride during the 1st quarter valued at about $326,000. Finally, Convergence Investment Partners LLC acquired a new position in shares of Stride in the 2nd quarter valued at approximately $865,000. Institutional investors and hedge funds own 98.24% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on LRN shares. Morgan Stanley raised their target price on shares of Stride from $148.00 to $159.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Canaccord Genuity Group upped 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. Barrington Research dropped their price objective on shares of Stride from $185.00 to $125.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Wall Street Zen cut shares of Stride from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stride in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $141.75.

Stride Price Performance

NYSE LRN opened at $65.57 on Monday. The firm’s 50 day moving average is $117.45 and its 200-day moving average is $137.15. The company has a quick ratio of 5.27, a current ratio of 6.78 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $2.88 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 0.40 and a beta of -0.02. Stride, Inc. has a 12-month low of $62.49 and a 12-month high of $171.17.

Stride (NYSE:LRN) last announced its earnings results on Tuesday, October 28th. The company reported $1.52 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 business 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 company posted $0.94 earnings per share. The firm’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. Equities research analysts anticipate that Stride, Inc. will post 6.67 earnings per share for the current fiscal year.

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.