NASDAQ · STRA

Strategic Education, Inc.

Closing price · Nov 13, 2026 $54.72
Last insider buy price $52.68 Paid by Director Michael Thawley on Nov 10, 2026 (Form 4). Not today's price.

Latest quarter · ended Sep 30, 2026

Cash got weaker, but sales grew

descriptionFiled Nov 5, 2026
Revenue growthSlower
+1.6%
Quarter ended Dec 31, 2024: +2.9% sales vs. a year beforeQuarter ended Mar 31, 2025: +4.6% sales vs. a year beforeQuarter ended Jun 30, 2025: +2.9% sales vs. a year beforeQuarter ended Sep 30, 2025: +4.6% sales vs. a year beforeQuarter ended Dec 31, 2025: +3.8% sales vs. a year beforeQuarter ended Mar 31, 2026: +0.8% sales vs. a year beforeQuarter ended Jun 30, 2026: +4.9% sales vs. a year beforeQuarter ended Sep 30, 2026: +1.6% sales vs. a year before
Dec '24Sep '26
$325M vs. $320M a year ago
Cash from operationsWorse
$56.9M
Quarter ended Dec 31, 2024: $15.9M cash from operationsQuarter ended Mar 31, 2025: $67.7M cash from operationsQuarter ended Jun 30, 2025: $31.2M cash from operationsQuarter ended Sep 30, 2025: $60.1M cash from operationsQuarter ended Dec 31, 2025: $39.2M cash from operationsQuarter ended Mar 31, 2026: $87.4M cash from operationsQuarter ended Jun 30, 2026: $29.2M cash from operationsQuarter ended Sep 30, 2026: $56.9M cash from operations
Dec '24Sep '26
−5% from $60.1M a year ago
Share countBuying back
−6.8%
Quarter ended Dec 31, 2024: 24.5M sharesQuarter ended Mar 31, 2025: 24.16M sharesQuarter ended Jun 30, 2025: 23.9M sharesQuarter ended Sep 30, 2025: 23.49M sharesQuarter ended Dec 31, 2025: 22.73M sharesQuarter ended Mar 31, 2026: 22.61M sharesQuarter ended Jun 30, 2026: 22.21M sharesQuarter ended Sep 30, 2026: 21.88M shares
Dec '24Sep '26
21.88M shares vs. 23.49M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Buying Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 +57
  • group
    2 insiders bought in the last 30 days. $163K in open-market buys, Nov 6–10.
  • account_balance
    8 funds bought, 6 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
  • info
    2 real insider sales in 12 months. $164K in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

292 funds report owning STRA, up from 286

Holdings as of Jun 30, 2026
New50
Added93
Held56
Trimmed93
Sold out44

Together they reported 24.16M shares, more than the 21.88M that exist. That happens with 13F data: some shares are counted by more than one manager, and some are lent out. So we show fund counts, not an ownership percent.

Last quarter

Who bought and who sold

Apr–Jun 2026
Marshfield Associates
−30%
Van Lanschot Kempen Investment Management N.V.
−14%
Lightrock Netherlands B.V.
+50%
Bastion Asset Management Inc.
+397%
Ellsworth Advisors, LLC
Sold
Ruffer LLP
New
Systematic Financial Management LP
+31%
PDT Partners, LLC
+32%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovShares withheld for tax · Feb 24 · $3.63M · 4 peopleShares withheld for tax · Feb 24 · $1.3MPlanned sale (10b5-1) · Feb 24 · $2.93MShares withheld for tax · Feb 24 · $2.12MStock grant · Feb 26 · 83,577 sh · 4 peopleStock grant · Feb 26 · 26,323 shStock grant · Feb 26 · 52,646 shPlanned sale (10b5-1) · Mar 2 · $1.07MPlanned sale (10b5-1) · Mar 13 · $608KPlanned sale (10b5-1) · Mar 18 · $238KStock grant · Apr 22 · $160K · 10 peoplePlanned sale (10b5-1) · Jun 4 · $160KOpen-market sale · Dec 11 · $112KOpen-market buy · Mar 13 · $58KOpen-market buy · Apr 24 · $48.4KOpen-market sale · May 5 · $51.7KOpen-market buy · Nov 6 · $101K · 2 peopleOpen-market buy · Nov 9 · $12.8KOpen-market buy · Nov 10 · $49.5K
CEOCFOOther officersDirectorsJunJulAugSepOctNovPlanned sale (10b5-1) · Jun 4 · $160KOpen-market buy · Nov 6 · $101K · 2 peopleOpen-market buy · Nov 9 · $12.8KOpen-market buy · Nov 10 · $49.5K

Last 6 months. A wider screen shows 12.

Showing 8 real trades. Hidden: 16 stock grants, 6 tax withholdings, 5 planned 10b5-1 sales. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Nov 10 Michael Thawley Director Open-market buy $49.5K 940 sh at $52.68
Nov 9 William Slocum Director Open-market buy $12.8K 250 sh at $51.00
Nov 6 William Slocum Director Open-market buy $52K 1,000 sh at $52.00
Nov 6 Michael Thawley Director Open-market buy $48.8K 950 sh at $51.42
May 5 G Waite Director Open-market sale $51.7K 666 sh at $77.68 Sold 4% of stake
Apr 24 Michael Thawley Director Open-market buy $48.4K 665 sh at $72.71
Mar 13 Robert Silberman Chairman, Director Open-market buy $58K 718 sh at $80.82
Dec 11 Robert Grusky Director Open-market sale $112K 1,403 sh at $80.03 Sold 12% of stake

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Big bets

Funds with a big share of their money in STRA

As of Jun 30, 2026
FundOf fundOwnsValueChange
Lightrock Netherlands B.V.3%1.0%$16.1M+50%
Bastion Asset Management Inc.4%0.7%$10.5M+397%

Funds that hold 150 stocks or fewer, where this stock is 3% or more of what they reported. "Of fund" is its share of the fund's 13F value.

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast