Geode Capital Management LLC Boosts Position in Skillsoft Corp. (NYSE:SKIL)

Geode Capital Management LLC lifted its holdings in shares of Skillsoft Corp. (NYSE:SKIL) by 7.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,622 shares of the company’s stock after purchasing an additional 3,182 shares during the quarter. Geode Capital Management LLC owned 0.55% of Skillsoft worth $707,000 at the end of the most recent quarter.

Separately, Renaissance Technologies LLC grew its holdings in shares of Skillsoft by 20.5% during the second quarter. Renaissance Technologies LLC now owns 22,909 shares of the company’s stock worth $317,000 after purchasing an additional 3,900 shares in the last quarter. Institutional investors and hedge funds own 87.00% of the company’s stock.

Skillsoft Stock Performance

NYSE:SKIL opened at $28.49 on Friday. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.88 and a quick ratio of 0.88. The business has a 50 day moving average of $18.35 and a 200 day moving average of $15.92. The company has a market capitalization of $236.01 million, a price-to-earnings ratio of -0.69 and a beta of 1.16. Skillsoft Corp. has a 1-year low of $5.09 and a 1-year high of $30.00.

Skillsoft Company Profile

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.