Eric Ryan Shander Sells 3,250 Shares of PowerSchool Holdings, Inc. (NYSE:PWSC) Stock

PowerSchool Holdings, Inc. (NYSE:PWSC) CFO Eric Ryan Shander sold 3,250 shares of the firm’s stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $20.87, for a total value of $67,827.50. Following the completion of the transaction, the chief financial officer now owns 488,941 shares in the company, valued at approximately $10,204,198.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Tuesday, March 5th, Eric Ryan Shander sold 3,047 shares of PowerSchool stock. The stock was sold at an average price of $20.30, for a total value of $61,854.10.

PowerSchool Stock Up 1.9 %

Shares of PowerSchool stock traded up $0.39 on Friday, hitting $21.29. The company had a trading volume of 734,091 shares, compared to its average volume of 596,571. 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 stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of -112.05, a P/E/G ratio of 0.61 and a beta of 0.90. The stock has a 50 day moving average of $22.55 and a 200-day moving average of $22.36. PowerSchool Holdings, Inc. has a 1 year low of $16.41 and a 1 year high of $25.16.

PowerSchool (NYSE:PWSC) last posted its quarterly earnings results on Monday, February 26th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The company had revenue of $182.14 million during the quarter, compared to the consensus estimate of $183.35 million. PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. As a group, sell-side analysts forecast that PowerSchool Holdings, Inc. will post 0.61 earnings per share for the current year.

Hedge Funds Weigh In On PowerSchool

Large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC increased its stake in PowerSchool by 262.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 1,348 shares of the company’s stock worth $27,000 after purchasing an additional 976 shares during the period. Orion Capital Management LLC purchased a new stake in PowerSchool in the third quarter worth $32,000. Fifth Third Bancorp purchased a new stake in PowerSchool in the third quarter worth $35,000. Royal Bank of Canada grew its stake in shares of PowerSchool by 63.5% in the third quarter. Royal Bank of Canada now owns 2,135 shares of the company’s stock worth $35,000 after acquiring an additional 829 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake 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 worth $64,000 after acquiring an additional 2,628 shares during the last quarter. 65.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PWSC has been the topic of a number of research analyst reports. TheStreet lowered PowerSchool from a “b-” rating to a “c” rating in a research report on Monday, January 29th. Piper Sandler reaffirmed an “overweight” rating and set a $29.00 price target on shares of PowerSchool in a research report on Wednesday, March 6th. The Goldman Sachs Group lifted their target price on PowerSchool from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, February 27th. Finally, UBS Group lifted their target price on PowerSchool from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, December 15th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, PowerSchool currently has a consensus rating of “Moderate Buy” and an average target price of $27.67.

About PowerSchool

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.