PowerSchool Holdings, Inc. (NYSE:PWSC - Get Free Report) insider Shivani Stumpf sold 816 shares of the stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $20.65, for a total value of $16,850.40. Following the transaction, the insider now directly owns 227,692 shares in the company, valued at $4,701,839.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shivani Stumpf also recently made the following trade(s):
- On Monday, April 1st, Shivani Stumpf sold 810 shares of PowerSchool stock. The shares were sold at an average price of $20.82, for a total value of $16,864.20.
- On Wednesday, March 27th, Shivani Stumpf sold 903 shares of PowerSchool stock. The shares were sold at an average price of $20.87, for a total value of $18,845.61.
PowerSchool Trading Up 1.1 %
Shares of PowerSchool stock opened at $21.08 on Friday. The firm has a market cap of $4.27 billion, a price-to-earnings ratio of -110.95, a PEG ratio of 0.61 and a beta of 0.89. The business has a 50-day moving average price of $22.18 and a 200-day moving average price of $22.31. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.46. PowerSchool Holdings, Inc. has a twelve month low of $16.41 and a twelve month high of $25.16.
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PowerSchool (NYSE:PWSC - Get Free Report) last released its quarterly earnings results on Monday, February 26th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). The company had revenue of $182.14 million during the quarter, compared to analysts' expectations of $183.35 million. PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. Equities research analysts anticipate that PowerSchool Holdings, Inc. will post 0.61 EPS for the current fiscal year.
Analyst Ratings Changes
PWSC has been the topic of a number of recent research reports. Piper Sandler reaffirmed an "overweight" rating and issued a $29.00 target price on shares of PowerSchool in a report on Wednesday, March 6th. TheStreet cut PowerSchool from a "b-" rating to a "c" rating in a report on Monday, January 29th. UBS Group increased their price target on PowerSchool from $24.00 to $25.00 and gave the stock a "neutral" rating in a research note on Friday, December 15th. Finally, The Goldman Sachs Group increased their price target on PowerSchool from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Tuesday, February 27th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, PowerSchool presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.67.
Get Our Latest Stock Report on PWSC
Institutional Trading of PowerSchool
Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of PowerSchool by 38.3% during the fourth quarter. Vanguard Group Inc. now owns 9,511,416 shares of the company's stock valued at $224,089,000 after acquiring an additional 2,634,169 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of PowerSchool by 8.9% during the third quarter. Wellington Management Group LLP now owns 7,101,238 shares of the company's stock valued at $160,914,000 after acquiring an additional 580,969 shares in the last quarter. BlackRock Inc. increased its holdings in PowerSchool by 5.2% during the second quarter. BlackRock Inc. now owns 3,807,738 shares of the company's stock valued at $72,880,000 after buying an additional 188,610 shares during the period. Wasatch Advisors LP increased its holdings in PowerSchool by 12.1% during the fourth quarter. Wasatch Advisors LP now owns 3,490,120 shares of the company's stock valued at $82,227,000 after buying an additional 375,805 shares during the period. Finally, Blair William & Co. IL increased its holdings in PowerSchool by 8.1% during the third quarter. Blair William & Co. IL now owns 3,310,993 shares of the company's stock valued at $75,027,000 after buying an additional 248,612 shares during the period. Institutional investors own 65.29% of the company's stock.
About PowerSchool
(
Get Free Report)
PowerSchool Holdings, Inc, together with its subsidiaries, offers cloud-based software to the K-12 education market in the United States, Canada, and internationally. Its solution embedded in school workflows and is used on daily basis by educators, students, administrators, and parents in schools and districts.
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