Skillsoft Corp. (NYSE:SKIL – Get Free Report) Director Jim Frankola bought 27,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average price of $6.05 per share, with a total value of $163,350.00. Following the completion of the purchase, the director directly owned 95,306 shares in the company, valued at $576,601.30. This represents a 39.53% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
Jim Frankola also recently made the following trade(s):
- On Friday, June 12th, Jim Frankola bought 23,000 shares of Skillsoft stock. The stock was bought at an average price of $6.06 per share, with a total value of $139,380.00.
Skillsoft Stock Up 3.2%
SKIL stock opened at $6.14 on Wednesday. The firm has a 50 day moving average of $6.68 and a 200 day moving average of $6.68. The stock has a market capitalization of $55.08 million, a PE ratio of -0.37, a price-to-earnings-growth ratio of 0.20 and a beta of 2.23. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 142.97. Skillsoft Corp. has a 52 week low of $3.43 and a 52 week high of $18.45.
Institutional Trading of Skillsoft
Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its stake in Skillsoft by 374.2% during the 4th quarter. NewEdge Advisors LLC now owns 7,331 shares of the company’s stock valued at $68,000 after acquiring an additional 5,785 shares during the period. Vanguard Group Inc. lifted its stake in Skillsoft by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 257,767 shares of the company’s stock valued at $3,356,000 after acquiring an additional 1,841 shares during the period. Goldman Sachs Group Inc. lifted its stake in Skillsoft by 133.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 304,966 shares of the company’s stock valued at $2,836,000 after acquiring an additional 174,429 shares during the period. Geode Capital Management LLC lifted its stake in Skillsoft by 114.6% during the 2nd quarter. Geode Capital Management LLC now owns 102,715 shares of the company’s stock valued at $1,641,000 after acquiring an additional 54,853 shares during the period. Finally, Acadian Asset Management LLC lifted its stake in Skillsoft by 286.0% during the 1st quarter. Acadian Asset Management LLC now owns 40,374 shares of the company’s stock valued at $774,000 after acquiring an additional 29,914 shares during the period. 87.00% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Skillsoft in a research note on Friday, March 27th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.
Read Our Latest Report on Skillsoft
Skillsoft Company Profile
Skillsoft (NYSE: SKIL) is a leading provider of corporate digital learning solutions designed to help organizations develop skills and drive performance. The company offers a range of cloud-based learning platforms and content libraries that cover technical training, leadership development, compliance, and productivity applications. Skillsoft’s flagship platform, Percipio, delivers micro-learning modules, video tutorials, books and audiobooks, hands-on labs and simulations, and practice assessments within a unified interface that can be accessed on desktop or mobile devices.
Skillsoft’s content spans IT certification preparation, software development, cloud computing, cybersecurity, project management, and a variety of professional skills such as communication, management and sales.
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