Pluralsight Inc (NASDAQ:PS) CFO James Budge sold 1,823 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $33.34, for a total value of $60,778.82. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
NASDAQ PS traded up $0.14 during mid-day trading on Friday, hitting $33.23. The stock had a trading volume of 1,299,322 shares, compared to its average volume of 1,631,449. Pluralsight Inc has a twelve month low of $17.88 and a twelve month high of $38.37. The company has a debt-to-equity ratio of 1.68, a quick ratio of 3.79 and a current ratio of 3.79. The company has a market cap of $4.60 billion and a P/E ratio of -22.76.
Pluralsight (NASDAQ:PS) last posted its quarterly earnings data on Wednesday, May 1st. The company reported ($0.07) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.02. Pluralsight had a negative return on equity of 51.53% and a negative net margin of 31.50%. The firm had revenue of $69.60 million during the quarter, compared to the consensus estimate of $68.31 million. The firm’s quarterly revenue was up 40.2% on a year-over-year basis. As a group, sell-side analysts predict that Pluralsight Inc will post -0.98 EPS for the current fiscal year.
Several research analysts have recently weighed in on the company. Citigroup assumed coverage on Pluralsight in a research note on Tuesday, May 14th. They set a “buy” rating and a $42.00 target price for the company. Zacks Investment Research downgraded Pluralsight from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $42.00 target price (up from $38.00) on shares of Pluralsight in a research note on Thursday, May 2nd. Finally, Bank of America upped their target price on Pluralsight from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, February 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $36.34.
Pluralsight, Inc provides a technology skill development solutions worldwide. Its cloud-based technology skills platform offers a range of tools, including skill and role assessment tool, which uses machine learning and advanced algorithms to measure a user's skills, benchmark that user against others in the industry, and recommend opportunities for growth; and Course Library that include a digital ecosystem of thousands of on-demand courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.
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