KD Logo

Scholastic Corp. [SCHL] Insider Activity: An Update for Investors

Scholastic Corp.’s recent filing unveils that its PRESIDENT & CEO Peter Warwick acquired Company’s shares for reported $50997.0 on Jul 23 ’24. In the deal valued at $30.46 per share,1,674 shares were bought. As a result of this transaction, Peter Warwick now holds 104,349 shares worth roughly $3.19 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Lucchese Iole bought 1,654 shares, generating $50,430 in total proceeds. Upon buying the shares at $30.49, the EVP & CHIEF STRATEGY OFFICER now owns 74,264 shares.

Before that, Lucchese Iole sold 400,000 shares. Scholastic Corp. shares valued at $13,404,000 were divested by the EVP & CHIEF STRATEGY OFFICER at a price of $33.51 per share. As a result of the transaction, Lucchese Iole now holds 579,247 shares, worth roughly $17.72 million.

Stifel reiterated its Scholastic Corp. [SCHL] rating to a Hold in a research note published on July 16, 2018; the price target was $43. A number of analysts have revised their coverage, including Stifel’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Hold”‘ rating for it. Stifel also remained covering SCHL and reiterated its “Hold” recommendation on March 28, 2017. Oppenheimer started covering the stock on October 13, 2015. It rated SCHL as “an Outperform”.

Price Performance Review of SCHL

On Tuesday, Scholastic Corp. [NASDAQ:SCHL] saw its stock jump 5.12% to $30.59. Over the last five days, the stock has gained 4.90%. Scholastic Corp. shares have fallen nearly -18.86% since the year began. Nevertheless, the stocks have fallen -33.22% over the past one year. While a 52-week high of $45.98 was reached on 02/16/24, a 52-week low of $28.47 was recorded on 08/06/24. SMA at 50 days reached $33.50, while 200 days put it at $36.72.

Levels Of Support And Resistance For SCHL Stock

The 24-hour chart illustrates a support level at 29.53, which if violated will result in even more drops to 28.46. On the upside, there is a resistance level at 31.13. A further resistance level may holdings at 31.67. The Relative Strength Index (RSI) on the 14-day chart is 44.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.16%. Stochastics%K at 38.88% indicates the stock is a holding.

How much short interest is there in Scholastic Corp.?

A steep rise in short interest was recorded in Scholastic Corp. stocks on , dropping by -0.14 million shares to a total of 0.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 0.6 million shares. There was a decline of -30.22%, which implies that there is a negative sentiment for the stock.

Most Popular