CreativeOne Wealth LLC Takes $714,000 Position in Stride, Inc. $LRN

CreativeOne Wealth LLC acquired a new stake in shares of Stride, Inc. (NYSE:LRN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,921 shares of the company’s stock, valued at approximately $714,000.

A number of other hedge funds also recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position in Stride by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 1,045,904 shares of the company’s stock valued at $151,873,000 after acquiring an additional 24,889 shares in the last quarter. Swedbank AB lifted its stake in shares of Stride by 5.4% during the 1st 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 last quarter. Deutsche Bank AG boosted its position in Stride by 10.4% during the first quarter. Deutsche Bank AG now owns 617,894 shares of the company’s stock valued at $78,164,000 after purchasing an additional 58,029 shares in the last quarter. Driehaus Capital Management LLC grew its stake in Stride by 12.3% in the first quarter. Driehaus Capital Management LLC now owns 613,820 shares of the company’s stock valued at $77,648,000 after purchasing an additional 67,184 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Stride by 1.3% in the first quarter. Northern Trust Corp now owns 467,774 shares of the company’s stock valued at $59,173,000 after purchasing an additional 5,820 shares during the last quarter. Hedge funds and other institutional investors own 98.24% of the company’s stock.

Analysts Set New Price Targets

LRN has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Stride from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Barrington Research lowered their target price 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. Morgan Stanley lifted their price target 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. Zacks Research lowered Stride from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Canaccord Genuity Group raised their price objective on Stride from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Stride has an average rating of “Hold” and an average price target of $141.75.

Stride Trading Up 0.3%

Shares of Stride stock opened at $63.98 on Friday. The firm’s 50 day simple moving average is $109.78 and its two-hundred day simple moving average is $134.24. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 9.87, a PEG ratio of 0.40 and a beta of -0.02. Stride, Inc. has a 12-month low of $61.89 and a 12-month high of $171.17. The company has a current ratio of 6.78, a quick ratio of 5.27 and a debt-to-equity ratio of 0.32.

Stride (NYSE:LRN) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.29. Stride had a net margin of 12.76% and a return on equity of 26.29%. The firm had revenue of $620.88 million for the quarter, compared to analyst estimates of $615.50 million. During the same period in the previous year, the company earned $0.94 earnings per share. The business’s quarterly 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. Analysts predict that Stride, Inc. will post 6.67 EPS for the current 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.