Millennium Management LLC Purchases 6,441 Shares of Skillsoft Corp. (NYSE:SKIL)

Millennium Management LLC raised its holdings in Skillsoft Corp. (NYSE:SKIL) by 12.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,041 shares of the company’s stock after buying an additional 6,441 shares during the period. Millennium Management LLC owned about 0.70% of Skillsoft worth $1,391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in Skillsoft by 330.0% in the 4th quarter. Bank of America Corp DE now owns 1,750 shares of the company’s stock valued at $42,000 after acquiring an additional 1,343 shares during the period. Dimensional Fund Advisors LP bought a new position in shares of Skillsoft in the fourth quarter worth $251,000. Corient Private Wealth LLC bought a new position in Skillsoft in the 4th quarter valued at about $286,000. JPMorgan Chase & Co. increased 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 acquiring an additional 16,458 shares during the last quarter. Finally, Barclays PLC grew its holdings in shares of Skillsoft by 644.5% during the 4th quarter. Barclays PLC now owns 18,896 shares of the company’s stock valued at $452,000 after purchasing an additional 16,358 shares during the last quarter. Institutional investors own 87.00% of the company’s stock.

Skillsoft Price Performance

Shares of SKIL opened at $19.60 on Wednesday. Skillsoft Corp. has a 12-month low of $8.05 and a 12-month high of $34.43. The stock has a market cap of $163.11 million, a P/E ratio of -0.47 and a beta of 1.59. The business’s fifty day moving average is $19.87 and its 200 day moving average is $22.06. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 4.77.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Skillsoft from a “hold” rating to a “buy” rating in a research report on Friday, May 30th.

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.