Nate Walkingshaw Sells 10,000 Shares of Pluralsight Inc (NASDAQ:PS) Stock

Pluralsight Inc (NASDAQ:PS) insider Nate Walkingshaw sold 10,000 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $19.05, for a total transaction of $190,500.00. Following the transaction, the insider now owns 211,039 shares of the company’s stock, valued at approximately $4,020,292.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Nate Walkingshaw also recently made the following trade(s):

  • On Thursday, August 22nd, Nate Walkingshaw sold 662 shares of Pluralsight stock. The shares were sold at an average price of $15.72, for a total transaction of $10,406.64.
  • On Monday, August 5th, Nate Walkingshaw sold 3,852 shares of Pluralsight stock. The shares were sold at an average price of $17.58, for a total transaction of $67,718.16.
  • On Monday, July 22nd, Nate Walkingshaw sold 3,852 shares of Pluralsight stock. The shares were sold at an average price of $29.73, for a total transaction of $114,519.96.
  • On Monday, July 8th, Nate Walkingshaw sold 3,852 shares of Pluralsight stock. The shares were sold at an average price of $31.12, for a total transaction of $119,874.24.
  • On Tuesday, July 2nd, Nate Walkingshaw sold 29,579 shares of Pluralsight stock. The shares were sold at an average price of $30.81, for a total transaction of $911,328.99.

PS stock traded up $0.08 during mid-day trading on Friday, reaching $17.34. 288,891 shares of the stock traded hands, compared to its average volume of 2,306,862. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 1.74. Pluralsight Inc has a 52-week low of $14.84 and a 52-week high of $37.36. The company has a market cap of $2.25 billion, a P/E ratio of -11.88 and a beta of 2.29. The stock’s fifty day moving average is $18.58 and its 200-day moving average is $28.36.

Pluralsight (NASDAQ:PS) last posted its quarterly earnings results on Wednesday, July 31st. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.28) by ($0.04). Pluralsight had a negative return on equity of 47.43% and a negative net margin of 28.32%. The company had revenue of $75.90 million during the quarter, compared to analysts’ expectations of $73.87 million. During the same period last year, the company earned ($0.21) earnings per share. Pluralsight’s revenue for the quarter was up 41.6% compared to the same quarter last year. Equities research analysts expect that Pluralsight Inc will post -1.02 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. Advisor Group Inc. raised its stake in Pluralsight by 2.8% in the second quarter. Advisor Group Inc. now owns 12,230 shares of the company’s stock worth $371,000 after buying an additional 328 shares in the last quarter. Neuburgh Advisers LLC raised its stake in Pluralsight by 0.6% in the first quarter. Neuburgh Advisers LLC now owns 79,744 shares of the company’s stock worth $2,531,000 after buying an additional 480 shares in the last quarter. Stephens Inc. AR raised its stake in Pluralsight by 11.9% in the second quarter. Stephens Inc. AR now owns 7,399 shares of the company’s stock worth $224,000 after buying an additional 788 shares in the last quarter. United Services Automobile Association raised its stake in Pluralsight by 12.0% in the second quarter. United Services Automobile Association now owns 8,460 shares of the company’s stock worth $257,000 after buying an additional 906 shares in the last quarter. Finally, Quantamental Technologies LLC bought a new position in Pluralsight in the second quarter worth approximately $31,000. 78.52% of the stock is owned by institutional investors.

A number of brokerages have recently weighed in on PS. Raymond James reduced their price objective on shares of Pluralsight from $39.00 to $26.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. Citigroup reduced their price objective on shares of Pluralsight from $42.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Barrington Research reiterated a “buy” rating on shares of Pluralsight in a research note on Thursday. Zacks Investment Research upgraded shares of Pluralsight from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, SunTrust Banks cut their price target on shares of Pluralsight to $27.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $28.05.

About Pluralsight

Pluralsight, Inc provides a technology skill development solutions worldwide. Its cloud-based technology skills platform offers a range of tools, including skill and role assessment tool, which uses machine learning and advanced algorithms to measure a user's skills, benchmark that user against others in the industry, and recommend opportunities for growth; and Course Library that include a digital ecosystem of thousands of on-demand courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.

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Insider Buying and Selling by Quarter for Pluralsight (NASDAQ:PS)

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