In yesterday’s Wall Street session, PowerSchool Holdings Inc (NYSE:PWSC) shares traded at $18.12, down -5.38% from the previous session.
PWSC stock price is now -7.99% away from the 50-day moving average and -16.87% away from the 200-day moving average. The market capitalization of the company currently stands at $2.99B.
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With the price target enhanced from $20 to $24, Goldman Upgraded its rating from Neutral to Buy for PowerSchool Holdings Inc (NYSE: PWSC). On March 20, 2023, Raymond James Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $22, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, GULATI HARDEEP, Chief Executive Officer sold 6,171 shares of the company’s stock on Apr 08 ’24. The stock was sold for $131,627 at an average price of $21.33. Upon completion of the transaction, the Chief Executive Officer now directly owns 1,905,667 shares in the company, valued at $34.53 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 05 ’24, Chief Executive Officer GULATI HARDEEP sold 21,900 shares of the business’s stock. A total of $461,214 was realized by selling the stock at an average price of $21.06. This leaves the insider owning 1,911,838 shares of the company worth $34.64 million. A total of 66.21% of the company’s stock is owned by insiders.
During the past 12 months, PowerSchool Holdings Inc has had a low of $16.15 and a high of $25.16. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 0.23, and a quick ratio of 0.23.
The net profit margin was -5.37% and return on equity was -3.02% for PWSC. The company reported revenue of $184.97 million for the quarter, compared to $159.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.0 percent.
