Geode Capital Management LLC Increases Position in Skillsoft Corp. (NYSE:SKIL)

Geode Capital Management LLC grew its stake in Skillsoft Corp. (NYSE:SKIL) by 7.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,622 shares of the company’s stock after buying an additional 3,182 shares during the quarter. Geode Capital Management LLC’s holdings in Skillsoft were worth $707,000 as of its most recent SEC filing.

Separately, Point72 Asia Singapore Pte. Ltd. acquired a new position in Skillsoft in the 3rd quarter worth about $52,000. 87.00% of the stock is owned by institutional investors and hedge funds.

Skillsoft Stock Performance

NYSE SKIL opened at $28.49 on Friday. The stock has a market capitalization of $236.01 million, a price-to-earnings ratio of -0.69 and a beta of 1.16. Skillsoft Corp. has a twelve month low of $5.09 and a twelve month high of $30.00. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 4.77. The stock has a 50-day moving average of $18.35 and a 200 day moving average of $15.92.

About Skillsoft

Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.