PowerSchool Holdings, Inc. (NYSE:PWSC) Insider Shivani Stumpf Sells 1,296 Shares

PowerSchool Holdings, Inc. (NYSE:PWSC) insider Shivani Stumpf sold 1,296 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $22.77, for a total transaction of $29,509.92. Following the transaction, the insider now directly owns 282,874 shares of the company’s stock, valued at approximately $6,441,040.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Wednesday, June 26th, Shivani Stumpf sold 1,752 shares of PowerSchool stock. The stock was sold at an average price of $22.33, for a total value of $39,122.16.

PowerSchool Stock Performance

Shares of NYSE PWSC traded up $0.01 on Friday, reaching $22.78. 832,193 shares of the company’s stock traded hands, compared to its average volume of 1,470,681. The business’s 50 day simple moving average is $22.62 and its two-hundred day simple moving average is $21.26. PowerSchool Holdings, Inc. has a 12 month low of $16.15 and a 12 month high of $25.16. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.28 and a quick ratio of 0.28.

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

Analysts Set New Price Targets

Several research analysts have commented on the stock. Raymond James downgraded shares of PowerSchool from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 11th. William Blair reissued a “market perform” rating on shares of PowerSchool in a research note on Friday, June 7th. Piper Sandler restated a “neutral” rating and set a $22.80 target price (down from $24.00) on shares of PowerSchool in a report on Friday, June 7th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $22.80 price objective (down previously from $25.00) on shares of PowerSchool in a research report on Friday, June 7th. Finally, Needham & Company LLC restated a “hold” rating on shares of PowerSchool in a report on Friday, June 7th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $24.02.

Institutional Investors Weigh In On PowerSchool

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of PowerSchool by 0.3% in the first quarter. Vanguard Group Inc. now owns 9,540,806 shares of the company’s stock worth $203,124,000 after buying an additional 29,390 shares during the last quarter. Blair William & Co. IL raised its position in PowerSchool by 17.8% in the first quarter. Blair William & Co. IL now owns 3,946,379 shares of the company’s stock worth $84,018,000 after acquiring an additional 597,521 shares during the period. Wasatch Advisors LP boosted its stake in shares of PowerSchool by 12.7% during the 1st quarter. Wasatch Advisors LP now owns 3,932,460 shares of the company’s stock worth $83,722,000 after acquiring an additional 442,340 shares during the last quarter. Riverbridge Partners LLC grew its position in shares of PowerSchool by 59.5% during the 1st 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 period. Finally, Dimensional Fund Advisors LP grew its position in shares of PowerSchool by 17.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,279,592 shares of the company’s stock valued at $51,041,000 after acquiring an additional 336,791 shares during the period. Institutional investors own 65.29% of the company’s stock.

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.