Eric Ryan Shander Sells 4,800 Shares of PowerSchool Holdings, Inc. (NYSE:PWSC) Stock

PowerSchool Holdings, Inc. (NYSE:PWSC) CFO Eric Ryan Shander sold 4,800 shares of the stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $22.77, for a total transaction of $109,296.00. Following the sale, the chief financial officer now directly owns 417,747 shares in the company, valued at $9,512,099.19. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, September 5th, Eric Ryan Shander sold 2,977 shares of PowerSchool stock. The stock was sold at an average price of $22.74, for a total transaction of $67,696.98.
• On Thursday, July 11th, Eric Ryan Shander sold 29,200 shares of PowerSchool stock. The stock was sold at an average price of $22.51, for a total value of $657,292.00.
• On Tuesday, July 9th, Eric Ryan Shander sold 30,914 shares of PowerSchool stock. The shares were sold at an average price of $22.51, for a total value of $695,874.14.
• On Thursday, June 27th, Eric Ryan Shander sold 9,789 shares of PowerSchool stock. The stock was sold at an average price of $22.38, for a total value of $219,077.82.

PowerSchool Stock Up 0.1 %

NYSE PWSC opened at $22.79 on Friday. The stock’s 50-day moving average price is $22.63 and its 200-day moving average price is $21.27. The company has a market capitalization of $4.65 billion, a P/E ratio of -94.96 and a beta of 1.05. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.47. PowerSchool Holdings, Inc. has a 52 week low of $16.15 and a 52 week high of $25.16.

PowerSchool (NYSE:PWSC) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). The firm had revenue of $191.59 million for the quarter, compared to analysts’ expectations of $195.32 million. PowerSchool had a negative net margin of 7.51% and a positive return on equity of 6.10%. PowerSchool’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 EPS. On average, equities research analysts predict that PowerSchool Holdings, Inc. will post 0.5 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PWSC shares. Piper Sandler reaffirmed a “neutral” rating and set a $22.80 price target (down previously from $24.00) on shares of PowerSchool in a report on Friday, June 7th. Baird R W downgraded shares of PowerSchool from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 7th. William Blair reissued a “market perform” rating on shares of PowerSchool in a report on Friday, June 7th. Raymond James lowered PowerSchool from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 11th. Finally, Macquarie downgraded PowerSchool from an “outperform” rating to a “neutral” rating and set a $22.80 target price on the stock. in a report on Monday, June 10th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, PowerSchool currently has an average rating of “Hold” and a consensus price target of $24.02.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PWSC. Vanguard Group Inc. raised its holdings in PowerSchool by 0.3% during the first quarter. Vanguard Group Inc. now owns 9,540,806 shares of the company’s stock valued at $203,124,000 after acquiring an additional 29,390 shares during the period. Blair William & Co. IL raised its stake in PowerSchool by 17.8% during the 1st quarter. Blair William & Co. IL now owns 3,946,379 shares of the company’s stock valued at $84,018,000 after purchasing an additional 597,521 shares during the period. Wasatch Advisors LP lifted its holdings in PowerSchool by 12.7% in the 1st quarter. Wasatch Advisors LP now owns 3,932,460 shares of the company’s stock worth $83,722,000 after purchasing an additional 442,340 shares in the last quarter. Riverbridge Partners LLC lifted its holdings in PowerSchool by 59.5% in the 1st quarter. Riverbridge Partners LLC now owns 2,508,871 shares of the company’s stock worth $53,414,000 after purchasing an additional 935,648 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in PowerSchool by 17.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,279,592 shares of the company’s stock valued at $51,041,000 after buying an additional 336,791 shares in the last quarter. Hedge funds and other institutional investors 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.