PowerSchool Holdings, Inc. (NYSE:PWSC) Insider Sells $16,864.20 in Stock

PowerSchool Holdings, Inc. (NYSE:PWSC - Get Free Report) insider Shivani Stumpf sold 810 shares of the firm's stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $20.82, for a total value of $16,864.20. Following the transaction, the insider now owns 229,337 shares of the company's stock, valued at approximately $4,774,796.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• 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 0.2 %

Shares of PowerSchool stock traded up $0.05 on Wednesday, hitting $20.79. 803,195 shares of the company traded hands, compared to its average volume of 591,841. The company has a market cap of $4.21 billion, a PE ratio of -109.42, a PEG ratio of 0.61 and a beta of 0.89. The stock's 50 day moving average price is $22.35 and its 200-day moving average price is $22.34. PowerSchool Holdings, Inc. has a 52 week low of $16.41 and a 52 week high of $25.16. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.46.

PowerSchool (NYSE:PWSC - Get Free Report) last posted its earnings results 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). The business had revenue of $182.14 million for the quarter, compared to analyst estimates of $183.35 million. PowerSchool had a negative net margin of 4.46% and a positive return on equity of 6.08%. Equities research analysts predict that PowerSchool Holdings, Inc. will post 0.61 EPS for the current year.

Analyst Ratings Changes

PWSC has been the subject of several recent research reports. The Goldman Sachs Group lifted their price target on PowerSchool from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Tuesday, February 27th. TheStreet lowered PowerSchool from a "b-" rating to a "c" rating in a research report on Monday, January 29th. Piper Sandler reiterated an "overweight" rating and issued a $29.00 price target on shares of PowerSchool in a research report on Wednesday, March 6th. Finally, UBS Group lifted their price target on PowerSchool from $24.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, December 15th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $27.67.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in PowerSchool by 38.3% during the 4th 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 increased its holdings in PowerSchool by 8.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,101,238 shares of the company's stock valued at $160,914,000 after purchasing an additional 580,969 shares during the last quarter. BlackRock Inc. boosted its position in PowerSchool by 5.2% in the 2nd 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 boosted its position in PowerSchool by 12.1% in the 4th 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 boosted its position in PowerSchool by 8.1% in the 3rd 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 and hedge funds own 65.29% of the company's stock.

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.

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