Skillsoft Corp. (NYSE:SKIL – Get Free Report) CEO Ronald Hovsepian acquired 8,325 shares of the company’s stock in a transaction on Monday, September 21st. The shares were bought at an average price of $6.10 per share, for a total transaction of $50,782.50. Following the completion of the purchase, the chief executive officer owned 371,071 shares in the company, valued at approximately $2,263,533.10. This represents a 2.29% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Skillsoft Price Performance
NYSE SKIL opened at $6.11 on Friday. The company has a fifty day moving average price of $6.99 and a 200-day moving average price of $6.46. The firm has a market cap of $55.63 million, a price-to-earnings ratio of -0.33, a PEG ratio of 0.19 and a beta of 2.22. Skillsoft Corp. has a 1 year low of $3.43 and a 1 year high of $18.45.
Skillsoft (NYSE:SKIL – Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.34. Skillsoft had a negative net margin of 36.13% and a negative return on equity of 74.19%. The company had revenue of $98.25 million for the quarter, compared to analyst estimates of $99.00 million. On average, research analysts anticipate that Skillsoft Corp. will post 3.05 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
A number of analysts recently commented on SKIL shares. Weiss Ratings raised Skillsoft from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 5th. Oppenheimer restated a “market perform” rating on shares of Skillsoft in a research note on Thursday, September 10th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Skillsoft has an average rating of “Reduce”.
Get Our Latest Research Report on Skillsoft
Skillsoft Company Profile
Skillsoft Corporation (NYSE: SKIL) is a provider of digital learning and talent-development solutions for businesses, government organizations and other institutions. The company offers online courses, learning paths, assessments and related tools designed to help organizations develop employee skills and support workforce transformation.
Its offerings cover areas such as leadership and business skills, technology and software development, cybersecurity, compliance, productivity and professional certifications.
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