PowerSchool Holdings, Inc. (NYSE:PWSC) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in PowerSchool Holdings, Inc. (NYSE:PWSC) by 17.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,279,592 shares of the company’s stock after purchasing an additional 336,791 shares during the period. Dimensional Fund Advisors LP’s holdings in PowerSchool were worth $51,041,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of PWSC. Vanguard Group Inc. raised its position in PowerSchool by 38.3% during the 4th quarter. Vanguard Group Inc. now owns 9,511,416 shares of the company’s stock worth $224,089,000 after buying an additional 2,634,169 shares during the last quarter. Pentwater Capital Management LP purchased a new position in PowerSchool during the 2nd quarter worth approximately $22,547,000. Riverbridge Partners LLC increased its holdings in shares of PowerSchool by 59.5% during the 1st quarter. Riverbridge Partners LLC now owns 2,508,871 shares of the company’s stock valued at $53,414,000 after purchasing an additional 935,648 shares in the last quarter. Alpine Associates Management Inc. purchased a new position in shares of PowerSchool during the 2nd quarter valued at approximately $15,882,000. Finally, Blair William & Co. IL increased its holdings in shares of 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 in the last quarter. 65.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PWSC has been the subject of several recent research reports. Robert W. Baird reaffirmed a “neutral” rating and set a $23.00 target price (down from $26.00) on shares of PowerSchool in a report on Friday, June 7th. Jefferies Financial Group reaffirmed a “hold” rating and set a $22.80 target price (down from $30.00) on shares of PowerSchool in a report on Monday, June 10th. Baird R W lowered shares of PowerSchool from a “strong-buy” rating to a “hold” rating in a report on Friday, June 7th. Macquarie lowered shares of PowerSchool from an “outperform” rating to a “neutral” rating and set a $22.80 price target for the company. in a report on Monday, June 10th. Finally, Raymond James cut shares of PowerSchool from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 11th. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.02.

Insider Buying and Selling

In related news, insider Shivani Stumpf sold 2,088 shares of the company’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $22.79, for a total transaction of $47,585.52. Following the sale, the insider now directly owns 277,489 shares in the company, valued at $6,323,974.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other PowerSchool news, insider Shivani Stumpf sold 2,088 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $22.79, for a total value of $47,585.52. Following the transaction, the insider now directly owns 277,489 shares in the company, valued at $6,323,974.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Eric Ryan Shander sold 30,914 shares of the stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $22.51, for a total transaction of $695,874.14. Following the completion of the transaction, the chief financial officer now owns 462,650 shares in the company, valued at $10,414,251.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 115,329 shares of company stock worth $2,610,002. Company insiders own 0.60% of the company’s stock.

PowerSchool Trading Up 0.2 %

NYSE PWSC opened at $22.85 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a market capitalization of $4.65 billion, a P/E ratio of -95.21 and a beta of 1.05. The firm’s 50-day moving average is $22.67 and its two-hundred day moving average is $21.37. PowerSchool Holdings, Inc. has a 12 month low of $16.15 and a 12 month 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The business had revenue of $191.59 million for the quarter, compared to analysts’ expectations of $195.32 million. PowerSchool had a positive return on equity of 6.10% and a negative net margin of 7.51%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the company earned $0.23 earnings per share. On average, sell-side analysts anticipate that PowerSchool Holdings, Inc. will post 0.5 earnings per share for the current year.

PowerSchool 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.