Stride (NYSE:LRN) Stock Price Down 5.9% – Time to Sell?

Stride, Inc. (NYSE:LRN)’s stock price was down 5.9% during trading on Monday . The stock traded as low as $68.56 and last traded at $67.7720. Approximately 728,798 shares changed hands during trading, a decline of 27% from the average daily volume of 993,332 shares. The stock had previously closed at $72.01.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on LRN shares. Morgan Stanley boosted their target price on Stride from $148.00 to $159.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. BMO Capital Markets set a $108.00 price objective on shares of Stride and gave the stock a “market perform” rating in a report on Wednesday, October 29th. Barrington Research cut their target price on shares of Stride from $185.00 to $125.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 29th. Zacks Research cut shares of Stride from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Canaccord Genuity Group raised their price objective on shares of Stride from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $141.75.

Stride Stock Down 9.6%

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 fifty day simple moving average of $136.74 and a 200 day simple moving average of $143.09. The firm has a market capitalization of $2.85 billion, a P/E ratio of 10.04, a P/E/G ratio of 0.40 and a beta of -0.02.

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

Insider Transactions at Stride

In other Stride news, CEO James Jeaho Rhyu sold 13,961 shares of the company’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 transaction, the chief executive officer directly owned 706,353 shares in the company, valued at $114,895,378.98. This represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 3.00% of the company’s stock.

Institutional Trading of Stride

Hedge funds have recently bought and sold shares of the stock. Adapt Wealth Advisors LLC purchased a new stake in shares of Stride during the third quarter worth about $412,000. Intrust Bank NA raised its holdings in shares of Stride by 13.8% during the third quarter. Intrust Bank NA now owns 4,004 shares of the company’s stock valued at $596,000 after acquiring an additional 485 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Stride by 32.6% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,728 shares of the company’s stock valued at $853,000 after acquiring an additional 1,408 shares during the last quarter. NewEdge Wealth LLC grew its holdings in shares of Stride by 26.2% in the third quarter. NewEdge Wealth LLC now owns 10,104 shares of the company’s stock valued at $1,505,000 after purchasing an additional 2,099 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its stake in shares of Stride by 24.4% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 1,823 shares of the company’s stock valued at $272,000 after purchasing an additional 358 shares during the last quarter. Hedge funds and other institutional investors own 98.24% of the company’s stock.

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.