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

PowerSchool Holdings, Inc. (NYSE:PWSC) insider Shivani Stumpf sold 1,296 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $22.77, for a total transaction of $29,509.92. Following the sale, the insider now directly owns 282,874 shares of the company’s stock, valued at $6,441,040.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

PowerSchool Trading Up 0.1 %

NYSE PWSC opened at $22.79 on Monday. The company has a fifty day moving average of $22.63 and a 200 day moving average of $21.29. The company has a market capitalization of $4.65 billion, a PE ratio of -94.96 and a beta of 1.05. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.28 and a quick ratio of 0.28. PowerSchool Holdings, Inc. has a 1 year low of $16.15 and a 1 year high of $25.16.

PowerSchool (NYSE:PWSC) last issued its earnings results on Friday, August 9th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates 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 positive return on equity of 6.10% and a negative net margin of 7.51%. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.23 EPS. Research analysts forecast that PowerSchool Holdings, Inc. will post 0.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

PWSC has been the topic of several analyst reports. Raymond James lowered shares of PowerSchool from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 11th. Jefferies Financial Group reaffirmed a “hold” rating and set a $22.80 target price (down from $30.00) on shares of PowerSchool in a research report on Monday, June 10th. Macquarie downgraded PowerSchool from an “outperform” rating to a “neutral” rating and set a $22.80 price target for the company. in a report on Monday, June 10th. Needham & Company LLC restated a “hold” rating on shares of PowerSchool in a report on Friday, June 7th. Finally, Piper Sandler reiterated 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. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, PowerSchool currently has a consensus rating of “Hold” and an average price target of $24.02.

Institutional Trading of PowerSchool

A number of hedge funds have recently added to or reduced their stakes in PWSC. Charles Schwab Investment Management Inc. boosted its holdings in PowerSchool by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 445,457 shares of the company’s stock worth $10,495,000 after buying an additional 6,027 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in PowerSchool by 14.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,655,296 shares of the company’s stock valued at $39,001,000 after acquiring an additional 207,237 shares during the period. Principal Financial Group Inc. increased its holdings in PowerSchool by 37.5% in the 4th quarter. Principal Financial Group Inc. now owns 40,059 shares of the company’s stock worth $944,000 after acquiring an additional 10,932 shares in the last quarter. Corient Private Wealth LLC increased its holdings in PowerSchool by 10.9% in the 4th quarter. Corient Private Wealth LLC now owns 20,180 shares of the company’s stock worth $475,000 after acquiring an additional 1,991 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in PowerSchool during the fourth quarter worth $211,000. 65.29% of the stock is owned by hedge funds and other institutional investors.

PowerSchool Company Profile

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.