James Rhyu, the Chief Executive Officer of Stride Inc (LRN, Financial), sold 28,870 shares of the company on November 7, 2024, according to a recent SEC filing. Following this transaction, the insider now owns 647,404 shares of the company. The shares were sold at a price of $97.57, valuing the transaction at approximately $2,815,489.90.
Stride Inc, listed under the symbol LRN, operates in the education sector, providing proprietary technology, curriculum, and online educational services. The company primarily serves K-12 students in various regions, offering alternatives to traditional schooling through online and blended learning options.
Over the past year, James Rhyu has engaged in several transactions involving the company's stock, selling a total of 28,870 shares and purchasing none. This recent sale is part of a broader trend observed within the company, where there have been four insider sells and no insider buys over the past year.
The stock of Stride Inc currently holds a market cap of approximately $4.44 billion. The price-earnings ratio of the company stands at 18.52, which is slightly above the industry median of 17.095. This ratio is also below the company's historical median, indicating a variation in earnings valuation over time.
According to the GF Value, the intrinsic value of Stride Inc is estimated at $49.83 per share, making the current price of $97.57 significantly overvalued with a price-to-GF-Value ratio of 1.96. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This valuation and the recent insider selling activity could be of interest to investors monitoring insider behaviors and stock valuation discrepancies as part of their investment strategy.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
