PowerSchool Holdings, Inc. (NYSE:PWSC) CFO Eric Ryan Shander Sells 3,254 Shares

PowerSchool Holdings, Inc. (NYSE:PWSCGet Free Report) CFO Eric Ryan Shander sold 3,254 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $20.82, for a total transaction of $67,748.28. Following the sale, the chief financial officer now directly owns 482,481 shares of the company’s stock, valued at approximately $10,045,254.42. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Eric Ryan Shander also recently made the following trade(s):

  • On Wednesday, March 27th, Eric Ryan Shander sold 3,250 shares of PowerSchool stock. The shares were sold at an average price of $20.87, for a total value of $67,827.50.
  • On Tuesday, March 5th, Eric Ryan Shander sold 3,047 shares of PowerSchool stock. The shares were sold at an average price of $20.30, for a total value of $61,854.10.

PowerSchool Price Performance

Shares of PowerSchool stock opened at $20.79 on Thursday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.46. PowerSchool Holdings, Inc. has a 52-week low of $16.41 and a 52-week high of $25.16. The stock has a 50-day simple moving average of $22.29 and a 200-day simple moving average of $22.33.

PowerSchool (NYSE:PWSCGet Free Report) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). PowerSchool had a negative net margin of 4.46% and a positive return on equity of 6.08%. The company had revenue of $182.14 million during the quarter, compared to the consensus estimate of $183.35 million. On average, research analysts anticipate that PowerSchool Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on PWSC. UBS Group raised their price objective on PowerSchool from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, December 15th. TheStreet cut PowerSchool from a “b-” rating to a “c” rating in a research note on Monday, January 29th. The Goldman Sachs Group raised their price objective on PowerSchool from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, February 27th. Finally, Piper Sandler restated an “overweight” rating and set a $29.00 price objective on shares of PowerSchool in a research note on Wednesday, March 6th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, PowerSchool has an average rating of “Moderate Buy” and an average target price of $27.67.

View Our Latest Stock Report on PWSC

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Kapitalo Investimentos Ltda bought a new position in shares of PowerSchool in the 4th quarter valued at approximately $181,000. Vanguard Group Inc. increased its position in PowerSchool by 38.3% in the 4th quarter. Vanguard Group Inc. now owns 9,511,416 shares of the company’s stock worth $224,089,000 after buying an additional 2,634,169 shares during the period. Goldman Sachs Group Inc. increased its position in PowerSchool by 37.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,391,055 shares of the company’s stock worth $32,773,000 after buying an additional 380,586 shares during the period. Riverbridge Partners LLC increased its position in PowerSchool by 6.6% in the 4th quarter. Riverbridge Partners LLC now owns 1,573,223 shares of the company’s stock worth $37,065,000 after buying an additional 97,295 shares during the period. Finally, Legal & General Group Plc increased its position in PowerSchool by 1.0% in the 4th quarter. Legal & General Group Plc now owns 57,366 shares of the company’s stock worth $1,352,000 after buying an additional 552 shares during the period. 65.29% of the stock is owned by institutional investors.

About PowerSchool

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for PowerSchool (NYSE:PWSC)

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