Skillsoft (NASDAQ:SKIL – Get Free Report) had its price objective decreased by analysts at Citigroup from $66.00 to $50.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock.
A number of other analysts have also weighed in on SKIL. Barclays dropped their price objective on Skillsoft from $25.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, April 16th. Oppenheimer reissued a “market perform” rating on shares of Skillsoft in a report on Tuesday, April 16th.
View Our Latest Analysis on SKIL
Skillsoft Trading Up 2.2 %
Institutional Trading of Skillsoft
Large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new stake in shares of Skillsoft in the 3rd quarter worth about $33,000. Bank of New York Mellon Corp raised its stake in Skillsoft by 0.6% in the third quarter. Bank of New York Mellon Corp now owns 372,267 shares of the company’s stock worth $330,000 after buying an additional 2,168 shares in the last quarter. Alberta Investment Management Corp lifted its holdings in Skillsoft by 6.8% in the third quarter. Alberta Investment Management Corp now owns 1,872,483 shares of the company’s stock worth $1,660,000 after buying an additional 118,588 shares during the period. Finally, Paradice Investment Management LLC boosted its position in Skillsoft by 4.8% during the 3rd quarter. Paradice Investment Management LLC now owns 12,400,694 shares of the company’s stock valued at $10,992,000 after acquiring an additional 563,067 shares in the last quarter. Institutional investors own 87.00% of the company’s stock.
About Skillsoft
Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.
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