Stride, Inc. $LRN Shares Sold by Semanteon Capital Management LP

Semanteon Capital Management LP lowered its stake in Stride, Inc. (NYSE:LRN) by 13.9% during the second quarter, Holdings Channel reports. The institutional investor owned 10,083 shares of the company’s stock after selling 1,628 shares during the period. Stride comprises approximately 2.2% of Semanteon Capital Management LP’s investment portfolio, making the stock its 10th biggest position. Semanteon Capital Management LP’s holdings in Stride were worth $1,464,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. SG Capital Management LLC bought a new position in shares of Stride during the second quarter worth approximately $5,859,000. Creative Planning grew its stake in shares of Stride by 32.4% in the second quarter. Creative Planning now owns 18,536 shares of the company’s stock valued at $2,691,000 after acquiring an additional 4,535 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Stride by 7.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,020 shares of the company’s stock worth $1,600,000 after purchasing an additional 785 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. bought a new stake in Stride in the 2nd quarter valued at about $5,325,000. Finally, Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Stride by 5.4% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 9,679 shares of the company’s stock worth $1,405,000 after purchasing an additional 493 shares during the period. 98.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Stride

In other news, CEO James Jeaho Rhyu sold 13,961 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $162.66, for a total transaction of $2,270,896.26. Following the completion of the transaction, the chief executive officer owned 706,353 shares of the company’s stock, valued at approximately $114,895,378.98. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.00% of the company’s stock.

Stride Price Performance

Shares of LRN opened at $64.11 on Monday. The business has a 50-day simple moving average of $127.12 and a two-hundred day simple moving average of $140.41. Stride, Inc. has a 12-month low of $63.61 and a 12-month high of $171.17. The stock has a market cap of $2.81 billion, a PE ratio of 9.89, a PEG ratio of 0.40 and a beta of -0.02. The company has a quick ratio of 5.27, a current ratio of 6.78 and a debt-to-equity ratio of 0.32.

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Zacks Research downgraded Stride from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Barrington Research dropped their target price 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. Wall Street Zen cut shares of Stride from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Stride in a research note on Thursday. Finally, BMO Capital Markets set a $108.00 price target on Stride and gave the stock a “market perform” rating in a report on Wednesday, October 29th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Stride presently has an average rating of “Moderate Buy” and a consensus price target 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.