Skillsoft Corp. (NYSE:SKIL – Get Free Report) Director Jim Frankola purchased 23,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was purchased at an average cost of $6.06 per share, with a total value of $139,380.00. Following the acquisition, the director directly owned 68,306 shares in the company, valued at $413,934.36. This trade represents a 50.77% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Jim Frankola also recently made the following trade(s):
- On Monday, June 15th, Jim Frankola purchased 27,000 shares of Skillsoft stock. The stock was purchased at an average cost of $6.05 per share, with a total value of $163,350.00.
Skillsoft Price Performance
Shares of SKIL stock opened at $6.98 on Thursday. Skillsoft Corp. has a 12-month low of $3.43 and a 12-month high of $18.45. The firm has a market capitalization of $62.61 million, a price-to-earnings ratio of -0.42, 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. The firm has a fifty day moving average of $6.73 and a 200-day moving average of $6.66.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Skillsoft in a report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Skillsoft currently has a consensus rating of “Reduce”.
Check Out Our Latest Report on Skillsoft
Hedge Funds Weigh In On Skillsoft
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SKIL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Skillsoft in the 2nd quarter worth $39,000. Bank of America Corp DE grew its holdings in shares of Skillsoft by 330.0% in the 4th quarter. Bank of America Corp DE now owns 1,750 shares of the company’s stock valued at $42,000 after acquiring an additional 1,343 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Skillsoft by 330.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 6,130 shares of the company’s stock valued at $57,000 after acquiring an additional 4,705 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Skillsoft by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 15,561 shares of the company’s stock valued at $67,000 after acquiring an additional 2,985 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Skillsoft by 374.2% in 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 in the last quarter. 87.00% of the stock is owned by institutional investors and hedge funds.
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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