PowerSchool Holdings, Inc. (NYSE:PWSC) CEO Hardeep Gulati Sells 6,171 Shares

PowerSchool Holdings, Inc. (NYSE:PWSC) CEO Hardeep Gulati sold 6,171 shares of the firm’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of $21.33, for a total value of $131,627.43. Following the sale, the chief executive officer now directly owns 1,905,667 shares of the company’s stock, valued at $40,647,877.11. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Hardeep Gulati also recently made the following trade(s):

• On Friday, April 5th, Hardeep Gulati sold 21,900 shares of PowerSchool stock. The shares were sold at an average price of $21.06, for a total value of $461,214.00.
• On Wednesday, April 3rd, Hardeep Gulati sold 8,897 shares of PowerSchool stock. The shares were sold at an average price of $20.65, for a total value of $183,723.05.
• On Monday, April 1st, Hardeep Gulati sold 39,333 shares of PowerSchool stock. The shares were sold at an average price of $20.89, for a total value of $821,666.37.
• On Wednesday, March 27th, Hardeep Gulati sold 7,752 shares of PowerSchool stock. The shares were sold at an average price of $20.88, for a total value of $161,861.76.
• On Monday, March 25th, Hardeep Gulati sold 1,400 shares of PowerSchool stock. The shares were sold at an average price of $21.04, for a total value of $29,456.00.
• On Friday, March 22nd, Hardeep Gulati sold 3,150 shares of PowerSchool stock. The shares were sold at an average price of $20.88, for a total value of $65,772.00.
• On Wednesday, March 20th, Hardeep Gulati sold 39,141 shares of PowerSchool stock. The shares were sold at an average price of $21.19, for a total value of $829,397.79.
• On Monday, March 18th, Hardeep Gulati sold 15,307 shares of PowerSchool stock. The stock was sold at an average price of $20.75, for a total value of $317,620.25.

PowerSchool Trading Up 0.6 %

PWSC stock traded up $0.10 during midday trading on Monday, hitting $17.67. 503,921 shares of the company’s stock were exchanged, compared to its average volume of 676,672. The stock’s fifty day moving average price is $20.60 and its 200-day moving average price is $21.98. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.30 and a current ratio of 0.30. The company has a market cap of $3.58 billion, a PE ratio of -92.47, a price-to-earnings-growth ratio of 0.51 and a beta of 0.89. PowerSchool Holdings, Inc. has a one year low of $16.41 and a one year high of $25.16.

PowerSchool (NYSE:PWSC) last released its quarterly earnings results on Monday, February 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $182.14 million during the quarter, compared to analyst estimates of $183.35 million. Research analysts predict that PowerSchool Holdings, Inc. will post 0.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Trading of PowerSchool

Several hedge funds and other institutional investors have recently modified their holdings of the company. Orion Capital Management LLC acquired a new stake in shares of PowerSchool in the third quarter valued at about $32,000. Park Place Capital Corp increased its position in shares of PowerSchool by 106.8% in the first quarter. Park Place Capital Corp now owns 1,497 shares of the company’s stock valued at $32,000 after acquiring an additional 773 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of PowerSchool in the third quarter valued at about $35,000. International Assets Investment Management LLC increased its position in shares of PowerSchool by 3,244.4% in the fourth quarter. International Assets Investment Management LLC now owns 2,709 shares of the company’s stock valued at $64,000 after acquiring an additional 2,628 shares during the last quarter. Finally, Sentry Investment Management LLC acquired a new stake in shares of PowerSchool in the fourth quarter valued at about $120,000. Institutional investors and hedge funds 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.