Polen Capital Management LLC Trims Stock Position in Skillsoft Corp. (NYSE:SKIL)

Polen Capital Management LLC decreased its position in Skillsoft Corp. (NYSE:SKIL) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,172 shares of the company’s stock after selling 2,936 shares during the period. Polen Capital Management LLC owned 0.69% of Skillsoft worth $1,370,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. purchased a new position in Skillsoft in the third quarter worth approximately $52,000. Corient Private Wealth LLC purchased a new position in shares of Skillsoft during the 4th quarter worth $286,000. Finally, Geode Capital Management LLC raised its holdings in Skillsoft by 7.5% in the 3rd quarter. Geode Capital Management LLC now owns 45,622 shares of the company’s stock valued at $707,000 after buying an additional 3,182 shares during the period. Institutional investors and hedge funds own 87.00% of the company’s stock.

Skillsoft Trading Up 7.2 %

Shares of SKIL stock opened at $19.56 on Monday. Skillsoft Corp. has a 1-year low of $5.09 and a 1-year high of $34.43. The firm has a market cap of $162.04 million, a PE ratio of -0.47 and a beta of 1.28. The company has a 50-day moving average of $27.56 and a two-hundred day moving average of $20.16. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.88 and a quick ratio of 0.88.

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.