PowerSchool Holdings, Inc. (NYSE:PWSC) CMO Sells $21,809.15 in Stock

PowerSchool Holdings, Inc. (NYSE:PWSCGet Free Report) CMO Fred Studer sold 1,045 shares of the stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $20.87, for a total transaction of $21,809.15. Following the transaction, the chief marketing officer now owns 162,640 shares in the company, valued at $3,394,296.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Fred Studer also recently made the following trade(s):

  • On Tuesday, March 5th, Fred Studer sold 6,065 shares of PowerSchool stock. The shares were sold at an average price of $20.30, for a total transaction of $123,119.50.

PowerSchool Trading Up 1.9 %

PWSC stock opened at $21.29 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.46. PowerSchool Holdings, Inc. has a fifty-two week low of $16.41 and a fifty-two week high of $25.16. The firm’s 50-day simple moving average is $22.49 and its 200 day simple moving average is $22.36.

PowerSchool (NYSE:PWSCGet Free Report) last released its quarterly earnings data on Monday, February 26th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. The firm had revenue of $182.14 million during the quarter, compared to analyst estimates of $183.35 million. Analysts predict that PowerSchool Holdings, Inc. will post 0.61 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on PWSC. The Goldman Sachs Group increased their price objective on shares of PowerSchool from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. Piper Sandler reiterated an “overweight” rating and set a $29.00 price objective on shares of PowerSchool in a research note on Wednesday, March 6th. UBS Group increased their target price on shares of PowerSchool from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, December 15th. Finally, TheStreet cut shares of PowerSchool from a “b-” rating to a “c” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.67.

Read Our Latest Analysis on PWSC

Institutional Trading of PowerSchool

Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC increased its stake in PowerSchool by 262.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,348 shares of the company’s stock valued at $27,000 after buying an additional 976 shares during the period. Orion Capital Management LLC acquired a new position in PowerSchool during the 3rd quarter valued at about $32,000. Fifth Third Bancorp acquired a new position in PowerSchool during the 3rd quarter valued at about $35,000. Royal Bank of Canada increased its stake in PowerSchool by 63.5% during the 3rd quarter. Royal Bank of Canada now owns 2,135 shares of the company’s stock valued at $35,000 after buying an additional 829 shares during the period. Finally, International Assets Investment Management LLC increased its stake in PowerSchool by 3,244.4% during the 4th quarter. International Assets Investment Management LLC now owns 2,709 shares of the company’s stock valued at $64,000 after buying an additional 2,628 shares during the period. Institutional investors and hedge funds own 65.29% of the company’s stock.

PowerSchool Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for PowerSchool (NYSE:PWSC)

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