Skillsoft (NASDAQ:SKIL – Free Report) had its target price reduced by Citigroup from $66.00 to $50.00 in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock.
A number of other analysts have also recently issued reports on SKIL. Barclays reduced their target price on shares of Skillsoft from $25.00 to $20.00 and set an overweight rating for the company in a research note on Tuesday, April 16th. Oppenheimer restated a market perform rating on shares of Skillsoft in a research report on Tuesday, April 16th.
View Our Latest Analysis on SKIL
Skillsoft Price Performance
Institutional Investors Weigh In On Skillsoft
Several large investors have recently made changes to their positions in SKIL. SG Americas Securities LLC acquired a new stake in shares of Skillsoft in the 3rd quarter valued at approximately $33,000. Bank of New York Mellon Corp lifted its holdings in Skillsoft by 0.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 372,267 shares of the company’s stock valued at $330,000 after purchasing an additional 2,168 shares during the last quarter. Paradice Investment Management LLC lifted its holdings in Skillsoft by 4.8% during the 3rd quarter. Paradice Investment Management LLC now owns 12,400,694 shares of the company’s stock valued at $10,992,000 after purchasing an additional 563,067 shares during the last quarter. Alberta Investment Management Corp lifted its holdings in Skillsoft by 6.8% during the 3rd quarter. Alberta Investment Management Corp now owns 1,872,483 shares of the company’s stock valued at $1,660,000 after purchasing an additional 118,588 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in Skillsoft during the 1st quarter valued at $192,000. Institutional investors and hedge funds own 87.00% of the company’s stock.
Skillsoft Company Profile
Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.
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