Kirr Marbach & Co. LLC IN Sells 348 Shares of Stride, Inc. (NYSE:LRN)

Kirr Marbach & Co. LLC IN lowered its position in Stride, Inc. (NYSE:LRN) by 0.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 107,209 shares of the company’s stock after selling 348 shares during the quarter. Stride makes up about 2.4% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 15th largest position. Kirr Marbach & Co. LLC IN’s holdings in Stride were worth $11,142,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Mendota Financial Group LLC purchased a new position in shares of Stride in the third quarter valued at about $86,000. TD Private Client Wealth LLC lifted its holdings in Stride by 27.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,962 shares of the company’s stock worth $167,000 after purchasing an additional 426 shares in the last quarter. GAMMA Investing LLC boosted its stake in Stride by 45.3% in the 3rd quarter. GAMMA Investing LLC now owns 2,061 shares of the company’s stock worth $176,000 after purchasing an additional 643 shares during the period. Central Pacific Bank Trust Division grew its holdings in Stride by 24.2% during the 3rd quarter. Central Pacific Bank Trust Division now owns 2,153 shares of the company’s stock valued at $184,000 after buying an additional 420 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Stride by 68.5% during the fourth quarter. KBC Group NV now owns 1,891 shares of the company’s stock valued at $197,000 after buying an additional 769 shares during the last quarter. Hedge funds and other institutional investors own 98.24% of the company’s stock.

Stride Stock Up 1.3 %

NYSE LRN opened at $120.50 on Wednesday. Stride, Inc. has a 52 week low of $54.81 and a 52 week high of $121.40. The firm has a market capitalization of $5.25 billion, a price-to-earnings ratio of 21.91, a PEG ratio of 0.88 and a beta of 0.32. The company has a quick ratio of 5.50, a current ratio of 5.60 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average of $108.82 and a two-hundred day moving average of $91.29.

Stride (NYSE:LRN) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.92 by $0.11. Stride had a net margin of 11.38% and a return on equity of 21.23%. On average, analysts predict that Stride, Inc. will post 6.64 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LRN shares. Canaccord Genuity Group upped their target price on shares of Stride from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday. Barrington Research raised their price objective on Stride from $100.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Citigroup boosted their target price on Stride from $90.00 to $94.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 29th. BMO Capital Markets increased their price target on Stride from $84.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, StockNews.com cut Stride from a “buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Stride presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.50.

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.