Stride, Inc. (NYSE:LRN) Stock Holdings Lessened by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in Stride, Inc. (NYSE:LRN) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 16,243 shares of the company’s stock after selling 183 shares during the period. Yousif Capital Management LLC’s holdings in Stride were worth $1,688,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of LRN. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in Stride by 3.6% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,232 shares of the company’s stock worth $336,000 after acquiring an additional 113 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Stride by 3.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,213 shares of the company’s stock worth $274,000 after purchasing an additional 121 shares during the last quarter. Dakota Wealth Management boosted its position in Stride by 4.1% during the 4th quarter. Dakota Wealth Management now owns 3,070 shares of the company’s stock valued at $319,000 after purchasing an additional 121 shares during the period. Blue Trust Inc. grew its stake in Stride by 1.2% during the 4th quarter. Blue Trust Inc. now owns 11,672 shares of the company’s stock worth $1,213,000 after buying an additional 141 shares during the last quarter. Finally, Amalgamated Bank increased its position in Stride by 1.9% in the third quarter. Amalgamated Bank now owns 12,528 shares of the company’s stock worth $1,069,000 after buying an additional 235 shares during the period. Institutional investors own 98.24% of the company’s stock.

Stride Trading Down 1.2 %

Stride stock opened at $139.01 on Wednesday. Stride, Inc. has a 12-month low of $54.81 and a 12-month high of $145.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 6.02 and a quick ratio of 5.93. The stock has a market capitalization of $6.05 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 1.04 and a beta of 0.32. The firm has a 50 day simple moving average of $115.00 and a 200-day simple moving average of $95.94.

Stride (NYSE:LRN) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.11. Stride had a return on equity of 22.42% and a net margin of 12.30%. As a group, equities research analysts expect that Stride, Inc. will post 6.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of Stride from $94.00 to $109.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Canaccord Genuity Group boosted their target price on shares of Stride from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Citigroup raised their price target on shares of Stride from $90.00 to $94.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th. StockNews.com downgraded Stride from a “buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Finally, BMO Capital Markets raised their target price on Stride from $122.00 to $134.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.83.

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.