41,744 Shares in PowerSchool Holdings, Inc. (NYSE:PWSC) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC bought a new stake in shares of PowerSchool Holdings, Inc. (NYSE:PWSC) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 41,744 shares of the company’s stock, valued at approximately $983,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Orion Capital Management LLC purchased a new stake in PowerSchool during the 3rd quarter worth about $32,000. Fifth Third Bancorp acquired a new stake in shares of PowerSchool during the 3rd quarter worth about $35,000. International Assets Investment Management LLC grew its holdings in shares of PowerSchool by 3,244.4% during the fourth quarter. International Assets Investment Management LLC now owns 2,709 shares of the company’s stock worth $64,000 after buying an additional 2,628 shares in the last quarter. Sentry Investment Management LLC acquired a new position in shares of PowerSchool in the fourth quarter valued at approximately $120,000. Finally, Daiwa Securities Group Inc. lifted its stake in shares of PowerSchool by 135.1% during the third quarter. Daiwa Securities Group Inc. now owns 8,500 shares of the company’s stock valued at $193,000 after buying an additional 4,885 shares during the period. Institutional investors and hedge funds own 65.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on PWSC shares. TheStreet downgraded PowerSchool from a “b-” rating to a “c” rating in a report on Monday, January 29th. Piper Sandler reissued an “overweight” rating and issued a $29.00 price target on shares of PowerSchool in a research note on Tuesday, April 23rd. Finally, The Goldman Sachs Group upped their price objective on shares of PowerSchool from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $27.67.

PowerSchool Stock Performance

Shares of NYSE:PWSC traded down $0.35 during trading on Tuesday, reaching $17.32. 711,595 shares of the company’s stock traded hands, compared to its average volume of 677,093. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.30 and a quick ratio of 0.30. The company has a 50 day moving average of $20.47 and a 200-day moving average of $21.95. PowerSchool Holdings, Inc. has a 12 month low of $16.41 and a 12 month high of $25.16. The stock has a market capitalization of $3.51 billion, a P/E ratio of -93.00, a price-to-earnings-growth ratio of 0.51 and a beta of 0.89.

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

Insider Buying and Selling

In related news, CEO Hardeep Gulati sold 39,333 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $20.89, for a total value of $821,666.37. Following the completion of the transaction, the chief executive officer now directly owns 1,997,821 shares of the company’s stock, valued at approximately $41,734,480.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Hardeep Gulati sold 39,333 shares of PowerSchool stock in a transaction on Monday, April 1st. The stock was sold at an average price of $20.89, for a total transaction of $821,666.37. Following the transaction, the chief executive officer now directly owns 1,997,821 shares in the company, valued at approximately $41,734,480.69. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CRO Anthony Kender sold 6,809 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $20.30, for a total transaction of $138,222.70. Following the sale, the executive now owns 202,356 shares in the company, valued at approximately $4,107,826.80. The disclosure for this sale can be found here. Insiders have sold a total of 182,706 shares of company stock valued at $3,818,727 in the last quarter. Company insiders own 0.60% 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.