Westover Capital Advisors LLC Increases Position in Stride, Inc. $LRN

Westover Capital Advisors LLC lifted its holdings in shares of Stride, Inc. (NYSE:LRN) by 123.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,463 shares of the company’s stock after buying an additional 11,313 shares during the period. Westover Capital Advisors LLC’s holdings in Stride were worth $2,971,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted 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 worth $40,000 after acquiring an additional 75 shares during the period. Rezny Wealth Management Inc. increased its stake in shares of Stride by 0.6% during the second quarter. Rezny Wealth Management Inc. now owns 14,152 shares of the company’s stock worth $2,055,000 after acquiring an additional 83 shares during the period. Vident Advisory LLC raised its holdings in Stride by 2.9% during the first quarter. Vident Advisory LLC now owns 2,941 shares of the company’s stock worth $372,000 after purchasing an additional 84 shares in the last quarter. Vestcor Inc boosted its holdings in Stride by 4.6% in the 1st quarter. Vestcor Inc now owns 2,328 shares of the company’s stock valued at $294,000 after purchasing an additional 102 shares in the last quarter. Finally, Maryland State Retirement & Pension System increased its position in Stride by 0.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 12,614 shares of the company’s stock worth $1,831,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 98.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on LRN shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Stride in a research report on Thursday. BMO Capital Markets set a $108.00 price target on shares of Stride and gave the company a “market perform” rating in a report on Wednesday, October 29th. Barrington Research reduced their price objective on shares of Stride from $185.00 to $125.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Zacks Research downgraded shares of Stride from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Wall Street Zen cut shares of Stride from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $141.75.

Stride Price Performance

LRN stock opened at $62.82 on Tuesday. The stock’s 50 day moving average price is $125.09 and its 200 day moving average price is $139.80. The firm has a market cap of $2.76 billion, a P/E ratio of 9.69, a PEG ratio of 0.40 and a beta of -0.02. 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, Inc. has a 1 year low of $62.49 and a 1 year high of $171.17.

Stride (NYSE:LRN) last released 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. Stride had a return on equity of 26.29% and a net margin of 12.76%.The company had revenue of $620.88 million during the quarter, compared to the consensus estimate of $615.50 million. During the same quarter last year, the business posted $0.94 earnings per share. Stride’s revenue was up 12.7% compared to the same quarter last year. Stride has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts expect that Stride, Inc. will post 6.67 earnings per share for the current fiscal year.

Stride 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.