Shivani Stumpf Sells 1,296 Shares of PowerSchool Holdings, Inc. (NYSE:PWSC) Stock

PowerSchool Holdings, Inc. (NYSE:PWSC) insider Shivani Stumpf sold 1,296 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $22.77, for a total value of $29,509.92. Following the completion of the transaction, the insider now owns 282,874 shares in the company, valued at approximately $6,441,040.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shivani Stumpf also recently made the following trade(s):

• On Wednesday, June 26th, Shivani Stumpf sold 1,752 shares of PowerSchool stock. The shares were sold at an average price of $22.33, for a total value of $39,122.16.

PowerSchool Price Performance

NYSE:PWSC opened at $22.79 on Friday. The company has a market capitalization of $4.65 billion, a P/E ratio of -94.96 and a beta of 1.05. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.47. PowerSchool Holdings, Inc. has a 52 week low of $16.15 and a 52 week high of $25.16. The stock’s fifty day moving average is $22.63 and its two-hundred day moving average is $21.28.

PowerSchool (NYSE:PWSC) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.01). The company had revenue of $191.59 million during the quarter, compared to analysts’ expectations of $195.32 million. PowerSchool had a negative net margin of 7.51% and a positive return on equity of 6.10%. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.23 earnings per share. Equities analysts expect that PowerSchool Holdings, Inc. will post 0.5 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PWSC shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $22.80 target price (down previously from $25.00) on shares of PowerSchool in a report on Friday, June 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of PowerSchool in a research note on Friday, June 7th. Piper Sandler reissued a “neutral” rating and issued a $22.80 target price (down from $24.00) on shares of PowerSchool in a research note on Friday, June 7th. Robert W. Baird restated a “neutral” rating and issued a $23.00 price target (down from $26.00) on shares of PowerSchool in a research report on Friday, June 7th. Finally, Baird R W downgraded PowerSchool from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 7th. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $24.02.

Hedge Funds Weigh In On PowerSchool

Several large investors have recently made changes to their positions in PWSC. Covestor Ltd lifted its stake in PowerSchool by 353.4% during the first quarter. Covestor Ltd now owns 1,283 shares of the company’s stock worth $27,000 after purchasing an additional 1,000 shares in the last quarter. Comerica Bank lifted its stake in PowerSchool by 111.8% during the 1st quarter. Comerica Bank now owns 1,493 shares of the company’s stock worth $32,000 after acquiring an additional 788 shares in the last quarter. Park Place Capital Corp boosted its holdings in PowerSchool by 106.8% during the 1st quarter. Park Place Capital Corp now owns 1,497 shares of the company’s stock valued at $32,000 after acquiring an additional 773 shares during the period. Natixis Investment Managers International grew its position in PowerSchool by 77.1% in the 1st quarter. Natixis Investment Managers International now owns 3,260 shares of the company’s stock valued at $69,000 after acquiring an additional 1,419 shares in the last quarter. Finally, Quest Partners LLC increased its stake in PowerSchool by 15,274.1% during the second quarter. Quest Partners LLC now owns 4,151 shares of the company’s stock worth $93,000 after purchasing an additional 4,124 shares during the period. 65.29% of the stock is currently owned by institutional investors and hedge funds.

About PowerSchool

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.