Pluralsight Cl A (NASDAQ:PS) shares hit a new 52-week high and low during mid-day trading on Monday . The company traded as low as $27.70 and last traded at $27.76, with a volume of 12723 shares trading hands. The stock had previously closed at $26.54.

A number of research analysts have recently issued reports on PS shares. Barclays started coverage on Pluralsight Cl A in a research note on Monday. They issued an “overweight” rating and a $30.00 price objective on the stock. First Analysis started coverage on Pluralsight Cl A in a research note on Monday. They issued an “overweight” rating and a $33.00 price objective on the stock. Bank of America started coverage on Pluralsight Cl A in a research note on Monday. They issued a “neutral” rating and a $28.00 price objective on the stock. JPMorgan Chase & Co. started coverage on Pluralsight Cl A in a research note on Monday. They issued an “overweight” rating and a $33.00 price objective on the stock. Finally, SunTrust Banks started coverage on Pluralsight Cl A in a research note on Monday. They issued a “buy” rating and a $34.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $30.43.

In other news, major shareholder Iconiq Strategic Partners Gp, purchased 1,000,000 shares of the company’s stock in a transaction that occurred on Monday, May 21st. The shares were acquired at an average cost of $15.00 per share, with a total value of $15,000,000.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

About Pluralsight Cl A

Pluralsight, Inc operates a cloud-based technology learning platform woeldwide. 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 6,500 on-demand and online courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.

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