WoodTrust Financial Corp Grows Position in PowerSchool Holdings, Inc. (NYSE:PWSC)

WoodTrust Financial Corp boosted its stake in shares of PowerSchool Holdings, Inc. (NYSE:PWSC) by 24.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,500 shares of the company’s stock after acquiring an additional 6,200 shares during the period. WoodTrust Financial Corp’s holdings in PowerSchool were worth $671,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Orion Capital Management LLC bought a new stake in shares of PowerSchool in the third quarter worth about $32,000. Fifth Third Bancorp increased its stake in PowerSchool by 47.7% in the 4th quarter. Fifth Third Bancorp now owns 2,311 shares of the company’s stock worth $54,000 after acquiring an additional 746 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of PowerSchool by 3,244.4% during the 4th 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 in the last quarter. Sentry Investment Management LLC bought a new position in shares of PowerSchool during the 4th quarter valued at approximately $120,000. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of PowerSchool in the fourth quarter valued at $181,000. Hedge funds and other institutional investors own 65.29% of the company’s stock.

Analyst Upgrades and Downgrades

PWSC has been the topic of a number of recent research reports. Barclays decreased their price target on shares of PowerSchool from $28.00 to $23.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. Cantor Fitzgerald restated a “neutral” rating and set a $22.80 price objective (down from $25.00) on shares of PowerSchool in a research report on Friday, June 7th. Baird R W cut PowerSchool from a “strong-buy” rating to a “hold” rating in a report on Friday, June 7th. Jefferies Financial Group restated a “hold” rating and set a $22.80 price target (down previously from $30.00) on shares of PowerSchool in a report on Monday, June 10th. Finally, Piper Sandler reiterated a “neutral” rating and set a $22.80 price objective (down previously from $24.00) on shares of PowerSchool in a research report on Friday, June 7th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $24.52.

PowerSchool Stock Performance

Shares of NYSE PWSC traded down $0.08 during mid-day trading on Friday, hitting $22.39. The stock had a trading volume of 2,234,634 shares, compared to its average volume of 4,420,180. The company has a 50 day moving average of $20.23 and a two-hundred day moving average of $21.65. The firm has a market cap of $4.56 billion, a PE ratio of -93.29 and a beta of 1.06. PowerSchool Holdings, Inc. has a twelve month low of $16.15 and a twelve month high of $25.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.24 and a current ratio of 0.24.

PowerSchool (NYSE:PWSC) last issued its earnings results on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). The business had revenue of $184.97 million for the quarter, compared to analysts’ expectations of $184.45 million. PowerSchool had a positive return on equity of 6.13% and a negative net margin of 5.37%. Research analysts predict that PowerSchool Holdings, Inc. will post 0.5 EPS for the current fiscal year.

Insider Buying and Selling at PowerSchool

In other news, insider Shivani Stumpf sold 1,295 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $22.33, for a total transaction of $28,917.35. Following the sale, the insider now directly owns 289,555 shares of the company’s stock, valued at approximately $6,465,763.15. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CEO Hardeep Gulati sold 85,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $21.35, for a total transaction of $1,814,750.00. Following the completion of the sale, the chief executive officer now owns 1,715,667 shares of the company’s stock, valued at $36,629,490.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shivani Stumpf sold 1,295 shares of the stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $22.33, for a total value of $28,917.35. Following the transaction, the insider now directly owns 289,555 shares of the company’s stock, valued at approximately $6,465,763.15. The disclosure for this sale can be found here. In the last quarter, insiders sold 363,681 shares of company stock worth $7,768,077. Insiders own 0.60% of the company’s stock.

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.