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The Potential Rise in the Price of PowerSchool Holdings Inc (PWSC) following insiders activity

PowerSchool Holdings Inc’s recently made public that its Chief Executive Officer GULATI HARDEEP unloaded Company’s shares for reported $0.13 million on Apr 08 ’24. In the deal valued at $21.33 per share,6,171 shares were sold. As a result of this transaction, GULATI HARDEEP now holds 1,905,667 shares worth roughly $33.01 million.

Then, GULATI HARDEEP sold 21,900 shares, generating $461,214 in total proceeds. Upon selling the shares at $21.06, the Chief Executive Officer now owns 1,911,838 shares.

Before that, GULATI HARDEEP sold 19,302 shares. PowerSchool Holdings Inc shares valued at $407,465 were divested by the Chief Executive Officer at a price of $21.11 per share. As a result of the transaction, GULATI HARDEEP now holds 1,933,738 shares, worth roughly $33.49 million.

Goldman upgraded its PowerSchool Holdings Inc [PWSC] rating to a Buy from a a Neutral in a research note published on April 18, 2023; the price target was increased to $24 from $20. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in mid March from “a Mkt perform” to “an Outperform”. BofA Securities also remained covering PWSC and has increased its forecast on January 04, 2023 with a “Buy” recommendation from previously “Neutral” rating. Needham started covering the stock on December 15, 2022. It rated PWSC as “a Buy”.

Price Performance Review of PWSC

On Tuesday, PowerSchool Holdings Inc [NYSE:PWSC] saw its stock fall -1.98% to $17.32. Over the last five days, the stock has lost -2.04%. PowerSchool Holdings Inc shares have fallen nearly -26.49% since the year began. Nevertheless, the stocks have fallen -17.05% over the past one year. While a 52-week high of $25.16 was reached on 02/06/24, a 52-week low of $16.41 was recorded on 04/18/24. SMA at 50 days reached $20.39, while 200 days put it at $21.98. A total of 0.71 million shares were traded, compared to the trading of 0.5 million shares in the previous session.

Levels Of Support And Resistance For PWSC Stock

The 24-hour chart illustrates a support level at 17.16, which if violated will result in even more drops to 17.01. On the upside, there is a resistance level at 17.59. A further resistance level may holdings at 17.87. The Relative Strength Index (RSI) on the 14-day chart is 24.35, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.45%. Stochastics %K at 11.83% indicates the stock is a buying.

The most recent change occurred on November 22, 2022 when Credit Suisse began covering the stock and recommended ‘”an Outperform”‘ rating along with a $23 price target.

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