Aurora Investment Counsel Sells 2,371 Shares of Stride, Inc. (NYSE:LRN)

Aurora Investment Counsel decreased its stake in Stride, Inc. (NYSE:LRN - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,294 shares of the company's stock after selling 2,371 shares during the period. Stride accounts for about 1.2% of Aurora Investment Counsel's holdings, making the stock its 24th biggest position. Aurora Investment Counsel's holdings in Stride were worth $2,213,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Janus Henderson Group PLC raised its position in Stride by 1.1% in the third quarter. Janus Henderson Group PLC now owns 1,170,434 shares of the company's stock worth $99,851,000 after acquiring an additional 13,050 shares during the period. Geode Capital Management LLC increased its stake in shares of Stride by 3.8% in the third quarter. Geode Capital Management LLC now owns 964,701 shares of the company's stock worth $82,315,000 after purchasing an additional 35,349 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of Stride by 51.1% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 929,855 shares of the company's stock worth $79,326,000 after purchasing an additional 314,435 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Stride by 293.1% in the fourth quarter. Principal Financial Group Inc. now owns 866,182 shares of the company's stock worth $90,024,000 after purchasing an additional 645,835 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Stride by 72.4% in the third quarter. Victory Capital Management Inc. now owns 827,505 shares of the company's stock worth $70,594,000 after purchasing an additional 347,564 shares in the last quarter. Institutional investors own 98.24% of the company's stock.

Stride Stock Down 1.6 %

Shares of NYSE:LRN opened at $118.16 on Friday. The firm has a fifty day moving average of $126.80 and a 200 day moving average of $104.05. Stride, Inc. has a 52-week low of $56.17 and a 52-week high of $145.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 5.93 and a current ratio of 6.02. The firm has a market capitalization of $5.15 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 1.04 and a beta of 0.46.

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Stride (NYSE:LRN - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $2.03 earnings per share 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, research analysts anticipate that Stride, Inc. will post 6.67 EPS for the current fiscal year.

Analysts Set New Price Targets

LRN has been the subject of several recent research reports. Morgan Stanley lifted their target price on shares of Stride from $94.00 to $109.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 12th. Barrington Research lifted their target price on shares of Stride from $130.00 to $140.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 29th. Canaccord Genuity Group boosted their price objective on shares of Stride from $135.00 to $145.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, BMO Capital Markets boosted their price objective on shares of Stride from $122.00 to $134.00 and gave the company an "outperform" rating in a research note on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $119.33.

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.

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