Pluralsight Inc (NASDAQ:PS) insider Nate Walkingshaw sold 653 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $33.43, for a total value of $21,829.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Nate Walkingshaw also recently made the following trade(s):

  • On Monday, May 13th, Nate Walkingshaw sold 3,851 shares of Pluralsight stock. The stock was sold at an average price of $30.87, for a total value of $118,880.37.
  • On Monday, April 29th, Nate Walkingshaw sold 3,852 shares of Pluralsight stock. The stock was sold at an average price of $34.43, for a total value of $132,624.36.
  • On Monday, April 15th, Nate Walkingshaw sold 3,851 shares of Pluralsight stock. The stock was sold at an average price of $32.58, for a total value of $125,465.58.
  • On Tuesday, April 2nd, Nate Walkingshaw sold 20,316 shares of Pluralsight stock. The stock was sold at an average price of $31.43, for a total value of $638,531.88.
  • On Monday, March 18th, Nate Walkingshaw sold 3,851 shares of Pluralsight stock. The stock was sold at an average price of $29.84, for a total value of $114,913.84.
  • On Monday, March 11th, Nate Walkingshaw sold 70,000 shares of Pluralsight stock. The stock was sold at an average price of $28.37, for a total value of $1,985,900.00.
  • On Monday, March 4th, Nate Walkingshaw sold 3,852 shares of Pluralsight stock. The stock was sold at an average price of $33.21, for a total value of $127,924.92.

Shares of PS stock traded up $0.14 during trading hours on Friday, hitting $33.23. The stock had a trading volume of 1,299,322 shares, compared to its average volume of 1,631,449. Pluralsight Inc has a one year low of $17.88 and a one year high of $38.37. The company has a current ratio of 3.79, a quick ratio of 3.79 and a debt-to-equity ratio of 1.68. The stock has a market capitalization of $4.60 billion and a price-to-earnings ratio of -22.76.

Pluralsight (NASDAQ:PS) last issued its earnings results on Wednesday, May 1st. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.09) by $0.02. Pluralsight had a negative return on equity of 51.53% and a negative net margin of 31.50%. The firm had revenue of $69.60 million for the quarter, compared to analysts’ expectations of $68.31 million. Pluralsight’s revenue for the quarter was up 40.2% compared to the same quarter last year. As a group, research analysts predict that Pluralsight Inc will post -0.98 EPS for the current fiscal year.

PS has been the topic of a number of recent analyst reports. Needham & Company LLC reissued a “buy” rating and set a $42.00 price target (up from $38.00) on shares of Pluralsight in a report on Thursday, May 2nd. Citigroup initiated coverage on Pluralsight in a report on Tuesday, May 14th. They set a “buy” rating and a $42.00 price target on the stock. Bank of America raised their price target on Pluralsight from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, February 14th. Finally, Zacks Investment Research cut Pluralsight from a “hold” rating to a “sell” rating in a report on Thursday, May 9th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $36.34.

Hedge funds have recently modified their holdings of the company. Daiwa Securities Group Inc. bought a new stake in shares of Pluralsight in the first quarter worth about $33,000. Parallel Advisors LLC purchased a new position in Pluralsight in the first quarter worth about $33,000. Icon Wealth Partners LLC purchased a new position in Pluralsight in the first quarter worth about $34,000. Rehmann Capital Advisory Group purchased a new position in Pluralsight in the first quarter worth about $34,000. Finally, Fifth Third Bancorp purchased a new position in Pluralsight in the first quarter worth about $36,000. 66.38% of the stock is currently owned by hedge funds and other institutional investors.

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About Pluralsight

Pluralsight, Inc provides a technology skill development solutions worldwide. Its cloud-based technology skills platform offers a range of tools, including skill and role 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 a digital ecosystem of thousands of on-demand courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.

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