According to a SEC filing dated February 9, 2026, South Street Advisors LLC sold 27,651 shares of Stride (NYSE:LRN) during the fourth quarter. The estimated transaction value was $2.51 million based on the average share price across the quarter. The quarter-end value of the firm’s Stride position declined by $8.80 million, driven by both share sales and market price movements.
After the sale, Stride comprised 0.51% of South Street Advisors’ $712.19 million 13F reportable assets.
As of February 27, 2026, Stride shares were trading at $84.38, down 38.32% over the past year and underperforming the S&P 500 by 44 percentage points.
|
Metric |
Value |
|---|---|
|
Price (as of market close February 27, 2026) |
$84.38 |
|
Market Capitalization |
$3.59 billion |
|
Revenue (TTM) |
$2.52 billion |
|
Net Income (TTM) |
$318.94 million |
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Stride delivers technology-based education services, including proprietary and third-party online curriculum, software systems, and educational support for K-12 and adult learners.
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The company generates revenue by providing virtual and blended public school solutions, individual online courses, supplemental educational products, and career-focused training programs for both students and employers.
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Primary customers include public and private schools, school districts, charter boards, consumers, employers, and government agencies in the United States and internationally.
Stride is a leading provider of online and blended education solutions, serving a broad spectrum of learners from kindergarten through adulthood. The company leverages proprietary technology platforms to deliver scalable, individualized instruction and career training across diverse subject areas. With a focus on both academic and workforce readiness, Stride differentiates itself through its integrated service offerings and ability to address evolving educational and talent development needs.
Despite recently dropping over 50% from its 52-week high, Stride has been an eight-bagger for investors over the last decade, more than doubling the S&P 500’s total returns. However, the online education company tried to implement an upgraded platform last summer, and its stock has yet to recover. Considering Stride enrollments at the time were roughly 257,000, these disruptions were a major issue, as management believes it may have missed between 10,000 and 15,000 enrollments.
