Aaron Skonnard Sells 400 Shares of Pluralsight Inc (PS) Stock

Pluralsight Inc (NASDAQ:PS) CEO Aaron Skonnard sold 400 shares of Pluralsight stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $26.03, for a total transaction of $10,412.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Aaron Skonnard also recently made the following trade(s):

  • On Friday, November 16th, Aaron Skonnard sold 25,000 shares of Pluralsight stock. The stock was sold at an average price of $22.14, for a total transaction of $553,500.00.

Shares of Pluralsight stock opened at $23.54 on Friday. Pluralsight Inc has a 52-week low of $17.88 and a 52-week high of $38.37.

Pluralsight (NASDAQ:PS) last issued its earnings results on Wednesday, October 24th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.06. The firm had revenue of $61.55 million during the quarter, compared to the consensus estimate of $57.57 million. On average, sell-side analysts expect that Pluralsight Inc will post -1.14 EPS for the current year.

Several institutional investors have recently modified their holdings of the company. Bank of Montreal Can grew its holdings in shares of Pluralsight by 164.6% in the third quarter. Bank of Montreal Can now owns 5,028 shares of the company’s stock worth $161,000 after purchasing an additional 3,128 shares during the last quarter. Tiverton Asset Management LLC grew its holdings in shares of Pluralsight by 1.5% in the third quarter. Tiverton Asset Management LLC now owns 242,401 shares of the company’s stock worth $7,757,000 after purchasing an additional 3,600 shares during the last quarter. Legal & General Group Plc bought a new position in shares of Pluralsight in the second quarter worth approximately $110,000. Clearbridge Investments LLC grew its holdings in shares of Pluralsight by 1.4% in the third quarter. Clearbridge Investments LLC now owns 372,460 shares of the company’s stock worth $11,919,000 after purchasing an additional 5,070 shares during the last quarter. Finally, Domini Impact Investments LLC bought a new position in shares of Pluralsight in the third quarter worth approximately $239,000. Hedge funds and other institutional investors own 53.36% of the company’s stock.

Several research analysts have commented on the stock. Zacks Investment Research raised shares of Pluralsight from a “sell” rating to a “hold” rating in a research note on Friday. Robert W. Baird assumed coverage on shares of Pluralsight in a research note on Wednesday, November 28th. They set an “outperform” rating and a $22.38 price target on the stock. Raymond James decreased their price target on shares of Pluralsight from $36.00 to $28.00 and set an “outperform” rating on the stock in a research note on Thursday, October 25th. Bank of America decreased their price target on shares of Pluralsight from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, October 25th. Finally, First Analysis reissued a “positive” rating and set a $45.00 price target on shares of Pluralsight in a research note on Friday, September 7th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.93.

COPYRIGHT VIOLATION WARNING: “Aaron Skonnard Sells 400 Shares of Pluralsight Inc (PS) Stock” was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.chaffeybreeze.com/2018/12/08/aaron-skonnard-sells-400-shares-of-pluralsight-inc-ps-stock.html.

About Pluralsight

Pluralsight, Inc operates a cloud-based technology learning platform worldwide. Its learning platform offers a range of tools, including skill assessment tool, which uses machine learning and advanced algorithms to measure a user's skills, benchmark that user against others in the industry, and recommend opportunities for growth; and Course Library that include 6,700 on-demand and online courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.

Further Reading: What does the Dow Jones Industrial Average (DJIA) measure?

Receive News & Ratings for Pluralsight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pluralsight and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply