PowerSchool Holdings, Inc. (NYSE:PWSC - Get Free Report) CEO Hardeep Gulati sold 6,171 shares of the business's stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $21.33, for a total value of $131,627.43. Following the sale, the chief executive officer now directly owns 1,905,667 shares of the company's stock, valued at $40,647,877.11. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Hardeep Gulati also recently made the following trade(s):
- On Friday, April 5th, Hardeep Gulati sold 21,900 shares of PowerSchool stock. The shares were sold at an average price of $21.06, for a total value of $461,214.00.
- On Wednesday, April 3rd, Hardeep Gulati sold 8,897 shares of PowerSchool stock. The shares were sold at an average price of $20.65, for a total value of $183,723.05.
- On Monday, April 1st, Hardeep Gulati sold 39,333 shares of PowerSchool stock. The shares were sold at an average price of $20.89, for a total value of $821,666.37.
- On Wednesday, March 27th, Hardeep Gulati sold 7,752 shares of PowerSchool stock. The shares were sold at an average price of $20.88, for a total value of $161,861.76.
- On Monday, March 25th, Hardeep Gulati sold 1,400 shares of PowerSchool stock. The shares were sold at an average price of $21.04, for a total value of $29,456.00.
- On Friday, March 22nd, Hardeep Gulati sold 3,150 shares of PowerSchool stock. The shares were sold at an average price of $20.88, for a total value of $65,772.00.
- On Wednesday, March 20th, Hardeep Gulati sold 39,141 shares of PowerSchool stock. The shares were sold at an average price of $21.19, for a total value of $829,397.79.
- On Monday, March 18th, Hardeep Gulati sold 15,307 shares of PowerSchool stock. The shares were sold at an average price of $20.75, for a total value of $317,620.25.
PowerSchool Trading Up 0.6 %
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NYSE:PWSC opened at $17.67 on Tuesday. The company has a market cap of $3.58 billion, a P/E ratio of -93.00, a P/E/G ratio of 0.51 and a beta of 0.89. The stock's fifty day moving average price is $20.47 and its two-hundred day moving average price is $21.95. PowerSchool Holdings, Inc. has a 1 year low of $16.41 and a 1 year high of $25.16. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.30 and a quick ratio of 0.30.
PowerSchool (NYSE:PWSC - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. The business had revenue of $182.14 million during the quarter, compared to analysts' expectations of $183.35 million. As a group, analysts expect that PowerSchool Holdings, Inc. will post 0.61 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on PWSC shares. The Goldman Sachs Group upped their price objective on PowerSchool from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Tuesday, February 27th. Piper Sandler reiterated an "overweight" rating and issued a $29.00 price objective on shares of PowerSchool in a research note on Tuesday, April 23rd. Finally, TheStreet downgraded PowerSchool from a "b-" rating to a "c" rating in a research report on Monday, January 29th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, PowerSchool currently has an average rating of "Moderate Buy" and an average target price of $27.67.
View Our Latest Stock Report on PWSC
Institutional Investors Weigh In On PowerSchool
Institutional investors and hedge funds have recently made changes to their positions in the business. Mackenzie Financial Corp raised its position in shares of PowerSchool by 2.8% in the fourth quarter. Mackenzie Financial Corp now owns 1,823,474 shares of the company's stock worth $42,961,000 after buying an additional 50,094 shares in the last quarter. Riverbridge Partners LLC raised its position in shares of PowerSchool by 6.7% in the fourth quarter. Riverbridge Partners LLC now owns 1,552,773 shares of the company's stock worth $36,583,000 after buying an additional 97,643 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of PowerSchool by 30.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 439,430 shares of the company's stock worth $9,957,000 after buying an additional 101,955 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of PowerSchool by 27.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 419,595 shares of the company's stock worth $9,508,000 after buying an additional 89,213 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of PowerSchool by 13.8% in the third quarter. Bank of New York Mellon Corp now owns 234,131 shares of the company's stock worth $5,305,000 after buying an additional 28,454 shares in the last quarter. Hedge funds and other institutional investors own 65.29% of the company's stock.
PowerSchool Company Profile
(
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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