PowerSchool Holdings, Inc. (NYSE:PWSC) CMO Fred Studer Sells 5,662 Shares of Stock

PowerSchool Holdings, Inc. (NYSE:PWSC) CMO Fred Studer sold 5,662 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $22.74, for a total value of $128,753.88. Following the sale, the chief marketing officer now owns 180,480 shares in the company, valued at approximately $4,104,115.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, June 27th, Fred Studer sold 1,299 shares of PowerSchool stock. The shares were sold at an average price of $22.35, for a total value of $29,032.65.

PowerSchool Stock Up 0.0 %

Shares of PWSC opened at $22.77 on Friday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.47. PowerSchool Holdings, Inc. has a 12 month low of $16.15 and a 12 month high of $25.16. The stock’s 50 day moving average is $22.62 and its two-hundred day moving average is $21.26. The firm has a market cap of $4.64 billion, a P/E ratio of -94.88 and a beta of 1.05.

PowerSchool (NYSE:PWSC) last issued its quarterly earnings data on Friday, August 9th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). PowerSchool had a negative net margin of 7.51% and a positive return on equity of 6.10%. The business had revenue of $191.59 million during the quarter, compared to analyst estimates of $195.32 million. During the same period in the previous year, the business posted $0.23 earnings per share. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. Analysts predict that PowerSchool Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Institutional Trading of PowerSchool

A number of institutional investors have recently made changes to their positions in PWSC. Covestor Ltd lifted its position in PowerSchool by 353.4% during the first quarter. Covestor Ltd now owns 1,283 shares of the company’s stock worth $27,000 after buying an additional 1,000 shares in the last quarter. Comerica Bank lifted its position in PowerSchool by 111.8% during the first quarter. Comerica Bank now owns 1,493 shares of the company’s stock worth $32,000 after buying an additional 788 shares in the last quarter. Park Place Capital Corp lifted its position in PowerSchool by 106.8% during the first quarter. Park Place Capital Corp now owns 1,497 shares of the company’s stock worth $32,000 after buying an additional 773 shares in the last quarter. Natixis Investment Managers International lifted its position in PowerSchool by 77.1% during the first quarter. Natixis Investment Managers International now owns 3,260 shares of the company’s stock worth $69,000 after buying an additional 1,419 shares in the last quarter. Finally, Quest Partners LLC lifted its position in PowerSchool by 15,274.1% during the second quarter. Quest Partners LLC now owns 4,151 shares of the company’s stock worth $93,000 after buying an additional 4,124 shares in the last quarter. 65.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PWSC. William Blair reiterated a “market perform” rating on shares of PowerSchool in a research note on Friday, June 7th. Needham & Company LLC reiterated a “hold” rating on shares of PowerSchool in a research note on Friday, June 7th. Piper Sandler reiterated a “neutral” rating and set a $22.80 price target (down previously from $24.00) on shares of PowerSchool in a research note on Friday, June 7th. Baird R W downgraded PowerSchool from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 7th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $22.80 price target (down previously from $25.00) on shares of PowerSchool in a research note on Friday, June 7th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, PowerSchool currently has a consensus rating of “Hold” and a consensus target price of $24.02.

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.