Fintel reports that on August 18, 2023, Barclays maintained coverage of Skillsoft - (NYSE:SKIL) with a Overweight recommendation.
Analyst Price Forecast Suggests 158.98% Upside
As of August 2, 2023, the average one-year price target for Skillsoft - is 3.32. The forecasts range from a low of 2.93 to a high of $4.20. The average price target represents an increase of 158.98% from its latest reported closing price of 1.28.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Skillsoft - is 563MM, an increase of 1.41%. The projected annual non-GAAP EPS is -0.65.
What is the Fund Sentiment?
There are 186 funds or institutions reporting positions in Skillsoft -. This is a decrease of 11 owner(s) or 5.58% in the last quarter. Average portfolio weight of all funds dedicated to SKIL is 0.10%, a decrease of 25.27%. Total shares owned by institutions decreased in the last three months by 2.44% to 118,268K shares. 
The put/call ratio of SKIL is 0.00, indicating a bullish outlook.
What are Other Shareholders Doing?
Naspers holds 61,262K shares representing 38.39% ownership of the company. No change in the last quarter.
Paradice Investment Management holds 11,838K shares representing 7.42% ownership of the company. In it's prior filing, the firm reported owning 11,657K shares, representing an increase of 1.52%. The firm decreased its portfolio allocation in SKIL by 38.41% over the last quarter.
Lodbrok Capital LLP holds 6,313K shares representing 3.96% ownership of the company. In it's prior filing, the firm reported owning 7,435K shares, representing a decrease of 17.77%. The firm decreased its portfolio allocation in SKIL by 40.05% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,901K shares representing 1.82% ownership of the company. No change in the last quarter.
IWM - iShares Russell 2000 ETF holds 1,797K shares representing 1.13% ownership of the company. In it's prior filing, the firm reported owning 1,922K shares, representing a decrease of 6.96%. The firm increased its portfolio allocation in SKIL by 50.27% over the last quarter.
Skillsoft Background Information
(This description is provided by the company.)
Skillsoft is an American educational technology company that produces learning management system software and content.
Additional reading:
- CERTIFICATE OF AMENDMENT TO THE SECOND AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF SKILLSOFT CORP.
- Skillsoft Reports Financial Results for the First Quarter of Fiscal 2024
- List of Subsidiaries
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