STRANasdaqServices-Educational ServicesFiscal year ends December 31
Strategic Education, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$81.20−0.13 (-0.16%)
Close on Oct 19, 2026
- Market cap
- $1.76B
- P/E (TTM)
- 13.5
- Dividend yield
- 2.96%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
99.2%
22M of 22M shares
Institutional holders
290
45 new, 37 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
2 buys · 12 sales
Net sold $5.17M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 3,561,681 | – | 13G (passive) amendment | Dec 31, 2023 |
| Bank of Montreal | 1,476,841 | 6.28% | 13G (passive) | Dec 31, 2025 |
| Dimensional Fund Advisors LP | 1,466,491 | 6.60% | 13G (passive) amendment | Sep 30, 2026 |
| Burgundy Asset Management Ltd. | 1,442,465 | 6.14% | 13G (passive) amendment | Dec 31, 2025 |
| Vanguard Portfolio Management | 1,432,353 | 6.33% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of STRA | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3,800,430 | 17.11% | $291.19M | +99,367 | 0.00% |
| Vanguard Portfolio Management LLC | 1,460,171 | 6.58% | $111.88M | +41,009 | 0.01% |
| Dimensional Fund Advisors LP | 1,457,242 | 6.56% | $111.66M | −1,498 | 0.02% |
| Bank Of Montreal /Can/ | 1,257,266 | 5.66% | $96.33M | −150,937 | 0.03% |
| Vanguard Capital Management LLC | 945,402 | 4.26% | $72.44M | −34,360 | 0.00% |
| State Street Corp | 909,679 | 4.10% | $69.70M | +33,331 | 0.00% |
| Geode Capital Management, LLC | 598,896 | 2.70% | $45.90M | +7,563 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 592,691 | 2.67% | $45.41K | −215,779 | 0.03% |
| Morgan Stanley | 591,719 | 2.66% | $45.34M | +280,749 | 0.00% |
| Marshfield Associates | 559,012 | 2.52% | $42.83M | −233,918 | 1.00% |
| Lsv Asset Management | 548,034 | 2.47% | $41.99K | +467,460 | 0.08% |
| Arrowstreet Capital, Limited Partnership | 447,693 | 2.02% | $34.30M | −6,816 | 0.02% |
| Qube Research & Technologies Ltd | 413,080 | 1.86% | $31.65M | −24,545 | 0.03% |
| Nuveen, LLC | 357,121 | 1.61% | $27.36M | −25,640 | 0.01% |
| Aqr Capital Management LLC | 343,994 | 1.55% | $26.35M | +111,230 | 0.01% |
| Charles Schwab Investment Management Inc | 339,542 | 1.53% | $26.02M | −14,363 | 0.00% |
| Two Sigma Investments, LP | 292,593 | 1.32% | $22.42M | −62,439 | 0.02% |
| Algert Global LLC | 275,342 | 1.24% | $21.10M | +57,824 | 0.25% |
| Van Lanschot Kempen Investment Management N.V. | 255,391 | 1.15% | $19.57M | −41,589 | 0.15% |
| Northern Trust Corp | 251,898 | 1.13% | $19.30M | +946 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 290 | 22M | 99.2% | 45 / 106 | 106 / 37 | 2M | 2M |
| Q1 2026 | 288 | 22M | 98.5% | 57 / 115 | 80 / 30 | 6M | 4M |
| Q4 2025 | 265 | 22M | 100.0% | 40 / 90 | 95 / 36 | 3M | 1M |
| Q3 2025 | 265 | 22M | 99.0% | 38 / 76 | 109 / 29 | 1M | 2M |
| Q2 2025 | 258 | 23M | 100.0% | 53 / 100 | 74 / 30 | 2M | 2M |
| Q1 2025 | 237 | 23M | 100.0% | 34 / 83 | 85 / 36 | 2M | 1M |
| Q4 2024 | 242 | 23M | 100.0% | 29 / 87 | 83 / 33 | 1M | 2M |
| Q3 2024 | 248 | 23M | 100.0% | 31 / 112 | 65 / 48 | 6M | 2M |
| Q2 2024 | 270 | 23M | 100.0% | 64 / 101 | 77 / 16 | 1M | 2M |
| Q1 2024 | 223 | 24M | 100.0% | 32 / 64 | 82 / 12 | 1M | 1M |
| Q4 2023 | 204 | 24M | 100.0% | 30 / 59 | 86 / 27 | 1M | 1M |
| Q3 2023 | 203 | 23M | 100.0% | 36 / 56 | 77 / 13 | 1M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of STRA | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,347,914 | 6.07% | $103.28M | 0.09% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 650,949 | 2.93% | $49.88M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 567,391 | 2.55% | $43.47M | 0.05% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 466,492 | 2.10% | $35.74M | 0.02% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 338,379 | 1.52% | $27.75M | 0.14% | Jul 31, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 308,741 | 1.39% | $23.66M | 0.22% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 295,659 | 1.33% | $22.65M | 0.03% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 256,736 | 1.16% | $19.67M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 242,590 | 1.09% | $19.89M | 0.06% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 214,984 | 0.97% | $16.47M | 0.11% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 205,580 | 0.93% | $15.75M | 0.09% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 192,589 | 0.87% | $14.76M | 0.18% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 175,676 | 0.79% | $14.41M | 0.09% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 159,307 | 0.72% | $12.21M | 0.11% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 149,895 | 0.67% | $12.29M | 0.08% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Robert S. Silberman | CHAIRMAN, Director | 319,870 | 1.44% | Mar 16, 2026 |
| Raymond Karl McDonnell | CHIEF EXECUTIVE OFFICER, Director | 158,978 | 0.72% | Feb 26, 2026 |
| Christa Hokenson | CHIEF HUMAN RESOURCES OFFICER | 65,195 | 0.29% | Jun 5, 2026 |
| Lizette Benedi Herraiz | GENERAL COUNSEL | 55,580 | 0.25% | Mar 20, 2026 |
| Daniel Wayne Jackson | CHIEF FINANCIAL OFFICER | 102,148 | 0.46% | Mar 3, 2026 |
| Tal Darmon | CHIEF ACCOUNTING OFFICER | 26,641 | 0.12% | Feb 26, 2026 |
| G. Thomas Waite Iii | Director | 16,696 | 0.08% | May 5, 2026 |
| Gregory William Cappelli | Director | 2,934 | 0.01% | Apr 24, 2026 |
| Robert R. Grusky | Director | 11,382 | 0.05% | Apr 24, 2026 |
| Charlotte F. Beason | Director | 24,093 | 0.11% | Apr 24, 2026 |
| Viet D. Dinh | Director | 24,910 | 0.11% | Apr 24, 2026 |
| Rita D. Brogley | Director | 14,110 | 0.06% | Apr 24, 2026 |
| Benjamin E. Sasse | Director | 5,084 | 0.02% | Apr 24, 2026 |
| William J. Slocum | Director | 7,815 | 0.04% | Apr 24, 2026 |
| Michael A. McRobbie | Director | 9,069 | 0.04% | Apr 24, 2026 |
| Michael Thawley | Director | 12,154 | 0.05% | Apr 24, 2026 |
| Jerry Lavell Johnson | Director | 7,428 | 0.03% | Apr 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| J. Kevin Gilligan Director | May 4, 2029 | Sale | −739 | $148.88 | $110.02K | 6,293 |
| Christa Hokenson CHIEF HUMAN RESOURCES OFFICER | Jun 4, 2026 | Sale(10b5-1 plan) | −2,000 | $80.00 | $160.00K | 65,195 |
| G. Thomas Waite Iii Director | May 5, 2026 | Sale | −666 | $77.68 | $51.73K | 16,696 |
| Michael Thawley Director | Apr 24, 2026 | Buy | +665 | $72.71 | $48.35K | 12,154 |
| G. Thomas Waite Iii Director | Apr 22, 2026 | Award | +1,436 | – | – | 17,362 |
| Michael A. McRobbie Director | Apr 22, 2026 | Award | +1,436 | – | – | 9,069 |
| William J. Slocum Director | Apr 22, 2026 | Award | +1,436 | – | – | 7,815 |
| Rita D. Brogley Director | Apr 22, 2026 | Award | +1,436 | – | – | 14,110 |
| Benjamin E. Sasse Director | Apr 22, 2026 | Award | +957 | $83.62 | $80.02K | 5,084 |
| Benjamin E. Sasse Director | Apr 22, 2026 | Award | +1,436 | – | – | 4,127 |
| Michael Thawley Director | Apr 22, 2026 | Award | +1,436 | – | – | 11,489 |
| Gregory William Cappelli Director | Apr 22, 2026 | Award | +1,436 | – | – | 2,934 |
| Viet D. Dinh Director | Apr 22, 2026 | Award | +957 | $83.62 | $80.02K | 24,910 |
| Viet D. Dinh Director | Apr 22, 2026 | Award | +1,436 | – | – | 23,953 |
| Robert R. Grusky Director | Apr 22, 2026 | Award | +1,436 | – | – | 11,382 |
| Charlotte F. Beason Director | Apr 22, 2026 | Award | +1,436 | – | – | 24,093 |
| Lizette Benedi Herraiz GENERAL COUNSEL | Mar 18, 2026 | Sale(10b5-1 plan) | −2,982 | $79.88 | $238.20K | 55,580 |
| Robert S. Silberman CHAIRMAN, Director | Mar 13, 2026 | Buy | +718 | $80.82 | $58.03K | 319,870 |
| Lizette Benedi Herraiz GENERAL COUNSEL | Mar 13, 2026 | Sale(10b5-1 plan) | −4,912 | $80.20 | $393.94K | 58,562 |
| Lizette Benedi Herraiz GENERAL COUNSEL | Mar 13, 2026 | Sale(10b5-1 plan) | −2,686 | $79.54 | $213.64K | 63,474 |
| Daniel Wayne Jackson CHIEF FINANCIAL OFFICER | Mar 2, 2026 | Sale(10b5-1 plan) | −5,273 | $82.51 | $435.08K | 102,148 |
| Daniel Wayne Jackson CHIEF FINANCIAL OFFICER | Mar 2, 2026 | Sale(10b5-1 plan) | −2,052 | $83.75 | $171.86K | 100,096 |
| Daniel Wayne Jackson CHIEF FINANCIAL OFFICER | Mar 2, 2026 | Sale(10b5-1 plan) | −5,675 | $81.73 | $463.82K | 107,421 |
| Tal Darmon CHIEF ACCOUNTING OFFICER | Feb 26, 2026 | Award | +4,607 | – | – | 26,641 |
| Lizette Benedi Herraiz GENERAL COUNSEL | Feb 26, 2026 | Award | +13,162 | – | – | 66,160 |
| Raymond Karl McDonnell CHIEF EXECUTIVE OFFICER, Director | Feb 26, 2026 | Award | +52,646 | – | – | 158,978 |
| Daniel Wayne Jackson CHIEF FINANCIAL OFFICER | Feb 26, 2026 | Award | +26,323 | – | – | 113,096 |
| Christa Hokenson CHIEF HUMAN RESOURCES OFFICER | Feb 26, 2026 | Award | +13,162 | – | – | 67,195 |
| Robert S. Silberman CHAIRMAN, Director | Feb 26, 2026 | Award | +52,646 | – | – | 319,152 |
| Tal Darmon CHIEF ACCOUNTING OFFICER | Feb 24, 2026 | Tax withholding | −4,784 | $74.91 | $358.37K | 22,034 |
| Lizette Benedi Herraiz GENERAL COUNSEL | Feb 24, 2026 | Tax withholding | −8,724 | $74.91 | $653.51K | 52,998 |
| Raymond Karl McDonnell CHIEF EXECUTIVE OFFICER, Director | Feb 24, 2026 | Tax withholding | −28,293 | $74.91 | $2.12M | 145,172 |
| Raymond Karl McDonnell CHIEF EXECUTIVE OFFICER, Director | Feb 24, 2026 | Sale(10b5-1 plan) | −20,788 | $75.55 | $1.57M | 106,332 |
| Raymond Karl McDonnell CHIEF EXECUTIVE OFFICER, Director | Feb 24, 2026 | Sale(10b5-1 plan) | −18,052 | $75.12 | $1.36M | 127,120 |
| Daniel Wayne Jackson CHIEF FINANCIAL OFFICER | Feb 24, 2026 | Tax withholding | −17,363 | $74.91 | $1.30M | 86,773 |
| Christa Hokenson CHIEF HUMAN RESOURCES OFFICER | Feb 24, 2026 | Tax withholding | −6,722 | $74.91 | $503.55K | 54,033 |
| Robert S. Silberman CHAIRMAN, Director | Feb 24, 2026 | Tax withholding | −28,260 | $74.91 | $2.12M | 266,506 |
| Robert R. Grusky Director | Dec 11, 2025 | Sale | −1,403 | $80.03 | $112.28K | 9,946 |
| Daniel Wayne Jackson CHIEF FINANCIAL OFFICER | Aug 29, 2025 | Buy | +1,900 | $81.50 | $154.85K | 104,136 |
| G. Thomas Waite Iii Director | Aug 26, 2025 | Sale | −700 | $81.69 | $57.18K | 15,926 |
| Robert R. Grusky Director | Apr 25, 2025 | Sale | −1,494 | $80.27 | $119.92K | 11,349 |
| Rita D. Brogley Director | Apr 23, 2025 | Award | +1,498 | – | – | 12,674 |
| William J. Slocum Director | Apr 23, 2025 | Award | +1,498 | – | – | 6,379 |
| Michael Thawley Director | Apr 23, 2025 | Award | +1,498 | – | – | 10,053 |
| Charlotte F. Beason Director | Apr 23, 2025 | Award | +1,498 | – | – | 22,657 |
| Michael A. McRobbie Director | Apr 23, 2025 | Award | +1,498 | – | – | 7,633 |
| Jerry Lavell Johnson Director | Apr 23, 2025 | Award | +1,498 | – | – | 7,428 |
| Viet D. Dinh Director | Apr 23, 2025 | Award | +1,498 | – | – | 21,518 |
| Viet D. Dinh Director | Apr 23, 2025 | Award | +999 | $80.15 | $80.07K | 22,517 |
| Robert R. Grusky Director | Apr 23, 2025 | Award | +1,498 | – | – | 12,843 |
| Gregory William Cappelli Director | Apr 23, 2025 | Award | +1,498 | – | – | 1,498 |
| G. Thomas Waite Iii Director | Apr 23, 2025 | Award | +1,498 | – | – | 16,626 |
| Benjamin E. Sasse Director | Apr 23, 2025 | Award | +1,498 | – | – | 2,691 |
| Tal Darmon CHIEF ACCOUNTING OFFICER | Mar 22, 2025 | Tax withholding | −1,167 | $82.37 | $96.13K | 26,818 |
| Michael A. McRobbie Director | Mar 10, 2025 | Buy | +600 | $81.80 | $49.08K | 6,135 |
| Lizette Benedi Herraiz GENERAL COUNSEL | Mar 10, 2025 | Sale(10b5-1 plan) | −1,452 | $82.21 | $119.37K | 61,716 |
| William J. Slocum Director | Mar 5, 2025 | Buy | +250 | $82.25 | $20.56K | 4,881 |
| William J. Slocum Director | Mar 4, 2025 | Buy | +2,000 | $81.46 | $162.92K | 4,631 |
| Michael Thawley Director | Mar 3, 2025 | Buy | +1,200 | $81.02 | $97.22K | 8,555 |
| Robert S. Silberman CHAIRMAN, Director | Mar 3, 2025 | Buy | +10,528 | $80.70 | $849.61K | 294,766 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Hokenson Christa Officer | Jun 4, 2026 | 2,000 | $160.00K | Jun 4, 2026 | Restricted Stock |
| Benedi Herraiz Lizette Officer | Mar 18, 2026 | 2,982 | $238.22K | Mar 18, 2026 | Restricted Stock |
| Benedi Herraiz Lizette Officer | Mar 13, 2026 | 7,598 | $607.59K | Mar 13, 2026 | Restricted Stock |
| Jackson Daniel Officer | Mar 2, 2026 | 13,000 | $1.07M | Mar 2, 2026 | Restricted Stock |
| Karl McDonnell Raymond Officer, Director | Feb 24, 2026 | 38,840 | $2.93M | Feb 24, 2026 | Restricted Stock |
| Grusky Robert Board Member | Dec 11, 2025 | 1,403 | $111.69K | Dec 11, 2025 | Vesting of restricted stock units |
| Robert R. Grusky Director | Apr 25, 2025 | 1,494 | $119.55K | Apr 25, 2025 | Vesting of restricted stock unit award |
| Benedi Herraiz Lizette Officer | Mar 10, 2025 | 1,452 | $119.37K | Mar 10, 2025 | Restricted Stock |
| Karl McDonnell Raymond Officer, Director | Feb 25, 2025 | 31,855 | $3.12M | Feb 25, 2025 | Restricted Stock |
| Jackson Daniel Officer | Feb 25, 2025 | 6,025 | $589.39K | Feb 25, 2025 | Restricted Stock |
| Inclusive Capital Partners, L.P. (1) Shareholder | Sep 16, 2024 | 524,060 | $49.33M | Sep 16, 2024 | See Remark 2 |
| Benedi Herraiz Lizette Officer | Sep 6, 2024 | 2,183 | $203.19K | Sep 6, 2024 | Restricted Stock |
| Inclusive Capital Partners, L.P. (1) Shareholder | Jun 14, 2024 | 215,000 | $23.48M | Jun 14, 2024 | See Remark 2 |
| Inclusive Capital Partners, L.P. (1) Shareholder | May 24, 2024 | 225,000 | $26.04M | May 24, 2024 | See Remark 2 |
| Inclusive Capital Partners, L.P. (1) Shareholder | Apr 30, 2024 | 240,000 | $29.05M | Apr 29, 2024 | See Remark 2 |