Dimensional Fund Advisors LP Takes Position in Skillsoft Corp. (NYSE:SKIL)

Dimensional Fund Advisors LP purchased a new stake in shares of Skillsoft Corp. (NYSE:SKIL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,470 shares of the company’s stock, valued at approximately $251,000. Dimensional Fund Advisors LP owned 0.13% of Skillsoft as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in SKIL. Corient Private Wealth LLC bought a new position in shares of Skillsoft in the 4th quarter worth $286,000. JPMorgan Chase & Co. lifted its stake in Skillsoft by 12,013.1% in the fourth quarter. JPMorgan Chase & Co. now owns 16,595 shares of the company’s stock valued at $398,000 after buying an additional 16,458 shares during the period. Barclays PLC boosted its holdings in Skillsoft by 644.5% during the fourth quarter. Barclays PLC now owns 18,896 shares of the company’s stock worth $452,000 after buying an additional 16,358 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Skillsoft by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 46,060 shares of the company’s stock worth $1,104,000 after buying an additional 438 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Skillsoft by 8.0% in the 4th quarter. Renaissance Technologies LLC now owns 81,080 shares of the company’s stock valued at $1,943,000 after acquiring an additional 6,000 shares during the last quarter. Institutional investors own 87.00% of the company’s stock.

Skillsoft Stock Up 0.4%

Skillsoft stock opened at $23.27 on Friday. The firm has a market capitalization of $193.63 million, a price-to-earnings ratio of -0.56 and a beta of 1.59. The company’s 50 day simple moving average is $19.74 and its 200 day simple moving average is $21.64. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.88 and a quick ratio of 0.88. Skillsoft Corp. has a fifty-two week low of $8.05 and a fifty-two week high of $34.43.

About Skillsoft

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.