Stride, Inc.
boothcheck covers Stride, Inc. (LRN) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 27, 2026.
• Stride runs accredited online schools at scale with hard-to-replicate infrastructure, earning an 18.8% return on equity and over $400 million of free cash flow, with the price supported by every standard valuation method rather than stretched. • The biggest risk is funding and enrollment dependence: the General Education core is roughly flat while Career Learning, the growth driver, decelerated from 17.6% enrollment growth in the second quarter to 11.6% in the third [Source: Stride Q3 FY2026 r
Is LRN overvalued? See what's priced in →
406 institutional managers reported holding LRN in 13F filings for the quarter ended 2026-03-31. 85 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 6.4M shares were sold short as of the 2026-06-15 count, about 14% of shares outstanding (6.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
LRN's share count grew 4.4% over the past five years even with $88.64M spent on repurchases. It pays no dividend. Cash returned over the past three years: $88.64M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at LRN over the trailing three years. Absence is a fact about the company, not a signal. 10 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
LRN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-17 | +3.0% | +10.3% |
| 2023-10-26 | +19.9% | +11.5% |
| 2024-01-25 | -2.0% | +6.2% |
| 2024-04-25 | +8.8% | +4.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
LRN's latest 8-K filings: 2026-08-04 (items 2.02, 8.01, 9.01); 2026-07-30 (items 2.02, 5.02, 7.01, 9.01); 2026-04-28 (items 2.02, 9.01); 2026-01-27 (items 2.02, 9.01); 2025-12-10 (items 5.02, 5.07, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.