PowerSchool Holdings, Inc. (NYSE:PWSC) CFO Eric Ryan Shander Sells 4,797 Shares

PowerSchool Holdings, Inc. (NYSE:PWSC) CFO Eric Ryan Shander sold 4,797 shares of the business’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $22.33, for a total value of $107,117.01. Following the sale, the chief financial officer now directly owns 503,353 shares in the company, valued at approximately $11,239,872.49. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Monday, June 10th, Eric Ryan Shander sold 1,600 shares of PowerSchool stock. The stock was sold at an average price of $22.50, for a total value of $36,000.00.
• On Tuesday, June 4th, Eric Ryan Shander sold 16,070 shares of PowerSchool stock. The stock was sold at an average price of $22.12, for a total value of $355,468.40.
• On Wednesday, April 3rd, Eric Ryan Shander sold 3,280 shares of PowerSchool stock. The stock was sold at an average price of $20.65, for a total value of $67,732.00.
• On Monday, April 1st, Eric Ryan Shander sold 3,254 shares of PowerSchool stock. The stock was sold at an average price of $20.82, for a total value of $67,748.28.
• 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.

PowerSchool Trading Down 0.0 %

PWSC stock opened at $22.32 on Wednesday. The company has a market cap of $4.55 billion, a price-to-earnings ratio of -93.00 and a beta of 1.06. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $19.94 and a 200-day simple moving average of $21.64. PowerSchool Holdings, Inc. has a 52 week low of $16.15 and a 52 week high of $25.16.

PowerSchool (NYSE:PWSC) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). The firm had revenue of $184.97 million for the quarter, compared to analyst estimates 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 research analysts expect that PowerSchool Holdings, Inc. will post 0.5 EPS for the current year.

Institutional Trading of PowerSchool

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Comerica Bank increased its holdings in shares of PowerSchool by 111.8% during the 1st quarter. Comerica Bank now owns 1,493 shares of the company’s stock worth $32,000 after buying an additional 788 shares during the last quarter. Sandia Investment Management LP acquired a new stake in shares of PowerSchool during the 1st quarter worth $639,000. Price T Rowe Associates Inc. MD increased its holdings in PowerSchool by 5.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,214,232 shares of the company’s stock valued at $25,852,000 after purchasing an additional 62,870 shares in the last quarter. Natixis Investment Managers International increased its holdings in PowerSchool by 77.1% in the 1st quarter. Natixis Investment Managers International now owns 3,260 shares of the company’s stock valued at $69,000 after purchasing an additional 1,419 shares in the last quarter. Finally, Covestor Ltd increased its holdings in PowerSchool by 353.4% in the 1st quarter. Covestor Ltd now owns 1,283 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares in the last quarter. 65.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Robert W. Baird reaffirmed a “neutral” rating and issued a $23.00 target price (down previously from $26.00) on shares of PowerSchool in a research note on Friday, June 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of PowerSchool in a research note on Friday, June 7th. Piper Sandler reaffirmed a “neutral” rating and issued a $22.80 target price (down previously from $24.00) on shares of PowerSchool in a research note on Friday, June 7th. William Blair reaffirmed a “market perform” rating on shares of PowerSchool in a research note on Friday, June 7th. Finally, Baird R W lowered PowerSchool from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 7th. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, PowerSchool has a consensus rating of “Hold” and an average target price 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.