PowerSchool Holdings, Inc. (NYSE:PWSC) Insider Shivani Stumpf Sells 1,752 Shares

PowerSchool Holdings, Inc. (NYSE:PWSC) insider Shivani Stumpf sold 1,752 shares of the firm’s stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $22.33, for a total value of $39,122.16. Following the completion of the sale, 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 accessible through 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 value of $28,917.35.
• On Wednesday, April 3rd, Shivani Stumpf sold 816 shares of PowerSchool stock. The shares were 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 stock was sold at an average price of $20.82, for a total transaction of $16,864.20.

PowerSchool Trading Down 0.4 %

Shares of NYSE PWSC opened at $22.39 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.24 and a quick ratio of 0.24. The firm has a fifty day simple moving average of $20.23 and a 200 day simple moving average of $21.65. PowerSchool Holdings, Inc. has a twelve month low of $16.15 and a twelve month high of $25.16.

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). The business had revenue of $184.97 million during the quarter, compared to the consensus estimate of $184.45 million. PowerSchool had a positive return on equity of 6.13% and a negative net margin of 5.37%. On average, equities research analysts predict that PowerSchool Holdings, Inc. will post 0.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Baird R W cut shares of PowerSchool from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 7th. Cantor Fitzgerald restated a “neutral” rating and set a $22.80 price objective (down previously from $25.00) on shares of PowerSchool in a research report on Friday, June 7th. William Blair reiterated a “market perform” rating on shares of PowerSchool in a research report on Friday, June 7th. Macquarie cut PowerSchool from an “outperform” rating to a “neutral” rating and set a $22.80 price target on the stock. in a report on Monday, June 10th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of PowerSchool in a report on Friday, June 7th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $24.52.

Institutional Investors Weigh In On PowerSchool

Hedge funds have recently added to or reduced their stakes in the business. Janney Capital Management LLC grew its position in shares of PowerSchool by 3.1% during the 4th quarter. Janney Capital Management LLC now owns 20,700 shares of the company’s stock worth $488,000 after buying an additional 618 shares during the period. Park Avenue Securities LLC boosted its stake in PowerSchool by 6.3% during the first quarter. Park Avenue Securities LLC now owns 11,868 shares of the company’s stock worth $253,000 after acquiring an additional 703 shares in the last quarter. Fifth Third Bancorp grew its holdings in PowerSchool by 47.7% in the fourth quarter. Fifth Third Bancorp now owns 2,311 shares of the company’s stock worth $54,000 after purchasing an additional 746 shares during the period. Park Place Capital Corp increased its stake in PowerSchool by 106.8% in the first quarter. Park Place Capital Corp now owns 1,497 shares of the company’s stock valued at $32,000 after purchasing an additional 773 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of PowerSchool by 111.8% during the first quarter. Comerica Bank now owns 1,493 shares of the company’s stock valued at $32,000 after purchasing an additional 788 shares during the period. 65.29% of the stock is currently owned by 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.