PowerSchool Holdings, Inc. (NYSE:PWSC) Insider Sells $39,122.16 in Stock

PowerSchool Holdings, Inc. (NYSE:PWSC) insider Shivani Stumpf sold 1,752 shares of PowerSchool stock in a transaction dated Wednesday, June 26th. The stock was sold at an average price of $22.33, for a total value of $39,122.16. Following the completion of the transaction, the insider now directly owns 286,256 shares in the company, valued at approximately $6,392,096.48. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Thursday, June 20th, Shivani Stumpf sold 1,295 shares of PowerSchool stock. The stock was sold at an average price of $22.33, for a total transaction of $28,917.35.
• On Wednesday, April 3rd, Shivani Stumpf sold 816 shares of PowerSchool stock. The stock was sold at an average price of $20.65, for a total transaction of $16,850.40.
• 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.

PowerSchool Stock Down 0.4 %

PowerSchool stock opened at $22.39 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.24 and a quick ratio of 0.24. PowerSchool Holdings, Inc. has a fifty-two week low of $16.15 and a fifty-two week high of $25.16. The firm has a fifty day moving average price of $20.23 and a two-hundred day moving average price of $21.65. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of -93.29 and a beta of 1.06.

PowerSchool (NYSE:PWSC) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). PowerSchool had a positive return on equity of 6.13% and a negative net margin of 5.37%. The business had revenue of $184.97 million for the quarter, compared to analyst estimates of $184.45 million. As a group, analysts forecast that PowerSchool Holdings, Inc. will post 0.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on PWSC shares. UBS Group lowered their target price on PowerSchool from $25.00 to $20.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 8th. Raymond James lowered shares of PowerSchool from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 11th. Macquarie downgraded shares of PowerSchool from an “outperform” rating to a “neutral” rating and set a $22.80 target price for the company. in a research report on Monday, June 10th. Cantor Fitzgerald restated a “neutral” rating and set a $22.80 price target (down from $25.00) on shares of PowerSchool in a report on Friday, June 7th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $22.80 price objective (down from $30.00) on shares of PowerSchool in a report on Monday, June 10th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, PowerSchool currently has an average rating of “Hold” and a consensus price target of $24.52.

Institutional Trading of PowerSchool

Institutional investors have recently made changes to their positions in the business. Covestor Ltd raised its position in PowerSchool by 353.4% in 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. Orion Capital Management LLC bought a new stake in shares of PowerSchool in the 3rd quarter valued at approximately $32,000. Comerica Bank raised its holdings in shares of PowerSchool by 111.8% in the 1st quarter. Comerica Bank now owns 1,493 shares of the company’s stock worth $32,000 after buying an additional 788 shares in the last quarter. Park Place Capital Corp raised its holdings in shares of PowerSchool by 106.8% in the 1st quarter. Park Place Capital Corp now owns 1,497 shares of the company’s stock worth $32,000 after buying an additional 773 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of PowerSchool by 47.7% during the 4th quarter. Fifth Third Bancorp now owns 2,311 shares of the company’s stock worth $54,000 after buying an additional 746 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.