WINTON GROUP Ltd Makes New $337,000 Investment in Stride, Inc. (NYSE:LRN)

WINTON GROUP Ltd acquired a new position in shares of Stride, Inc. (NYSE:LRNGet Rating) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 8,272 shares of the company’s stock, valued at approximately $337,000.

Several other large investors have also recently added to or reduced their stakes in LRN. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Stride by 331.6% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 784,600 shares of the company’s stock valued at $28,505,000 after purchasing an additional 602,800 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Stride by 9.1% during the first quarter. Vanguard Group Inc. now owns 4,135,365 shares of the company’s stock valued at $150,237,000 after purchasing an additional 343,338 shares during the last quarter. Ophir Asset Management Pty Ltd grew its stake in shares of Stride by 18.8% during the second quarter. Ophir Asset Management Pty Ltd now owns 1,703,118 shares of the company’s stock valued at $6,915,000 after purchasing an additional 269,450 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of Stride by 16.2% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 799,579 shares of the company’s stock valued at $29,049,000 after purchasing an additional 111,340 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Stride by 15.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 578,162 shares of the company’s stock valued at $21,005,000 after purchasing an additional 79,207 shares during the last quarter. 92.34% of the stock is owned by institutional investors.

Stride Trading Up 1.3 %

Shares of NYSE LRN opened at $35.65 on Monday. The company’s 50 day simple moving average is $39.84 and its 200 day simple moving average is $39.20. Stride, Inc. has a fifty-two week low of $25.65 and a fifty-two week high of $47.35. The firm has a market capitalization of $1.53 billion, a P/E ratio of 16.66, a P/E/G ratio of 0.83 and a beta of 0.24. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.22 and a quick ratio of 3.12.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LRN. BMO Capital Markets cut their price objective on shares of Stride from $52.00 to $50.00 and set an “outperform” rating on the stock in a report on Thursday, October 27th. Morgan Stanley cut their price objective on shares of Stride from $47.00 to $43.00 and set an “overweight” rating on the stock in a report on Thursday, October 27th. Finally, StockNews.com lowered shares of Stride from a “buy” rating to a “hold” rating in a report on Thursday, October 27th.

Stride Company Profile

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Stride, Inc, a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally.

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Institutional Ownership by Quarter for Stride (NYSE:LRN)

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