Shivani Stumpf Sells 1,295 Shares of PowerSchool Holdings, Inc. (NYSE:PWSC) Stock

PowerSchool Holdings, Inc. (NYSE:PWSC) insider Shivani Stumpf sold 1,295 shares of the company’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $22.33, for a total transaction of $28,917.35. Following the completion of the sale, the insider now owns 289,555 shares of the company’s stock, valued at approximately $6,465,763.15. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

• On Wednesday, April 3rd, Shivani Stumpf sold 816 shares of PowerSchool stock. The stock was 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.
• On Wednesday, March 27th, Shivani Stumpf sold 903 shares of PowerSchool stock. The stock was sold at an average price of $20.87, for a total transaction of $18,845.61.

PowerSchool Trading Up 0.1 %

Shares of PowerSchool stock opened at $22.36 on Monday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average price is $19.84 and its 200-day moving average price is $21.64. The company has a market cap of $4.55 billion, a price-to-earnings ratio of -93.17 and a beta of 1.06. PowerSchool Holdings, Inc. has a 12-month low of $16.15 and a 12-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 company 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 analysts expect that PowerSchool Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in PowerSchool by 38.3% during the fourth quarter. Vanguard Group Inc. now owns 9,511,416 shares of the company’s stock valued at $224,089,000 after acquiring an additional 2,634,169 shares during the last quarter. Riverbridge Partners LLC grew its position in PowerSchool by 59.5% during the first quarter. Riverbridge Partners LLC now owns 2,508,871 shares of the company’s stock valued at $53,414,000 after acquiring an additional 935,648 shares during the last quarter. Blair William & Co. IL grew its position in PowerSchool by 17.8% during the first quarter. Blair William & Co. IL now owns 3,946,379 shares of the company’s stock valued at $84,018,000 after acquiring an additional 597,521 shares during the last quarter. Wellington Management Group LLP grew its position in PowerSchool by 8.9% during the third quarter. Wellington Management Group LLP now owns 7,101,238 shares of the company’s stock valued at $160,914,000 after acquiring an additional 580,969 shares during the last quarter. Finally, Wasatch Advisors LP grew its position in PowerSchool by 12.7% during the first quarter. Wasatch Advisors LP now owns 3,932,460 shares of the company’s stock valued at $83,722,000 after acquiring an additional 442,340 shares during the last quarter. 65.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group boosted their price target on shares of PowerSchool from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, February 27th. Jefferies Financial Group reissued a “hold” rating and issued a $22.80 price target (down from $30.00) on shares of PowerSchool in a report on Monday, June 10th. Baird R W downgraded shares of PowerSchool from a “strong-buy” rating to a “hold” rating in a report on Friday, June 7th. Barclays dropped their price objective on shares of PowerSchool from $28.00 to $23.00 and set an “overweight” rating on the stock in a report on Wednesday, May 8th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $23.00 price objective (down from $26.00) on shares of PowerSchool in a report on Friday, June 7th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.52.

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.