The EVP, President, Book Clubs of Scholastic Corp (NASDAQ: SCHL) is Selling Shares

By Carrie Williams

Today, the EVP, President, Book Clubs of Scholastic Corp (NASDAQ: SCHL), Judith Newman, sold shares of SCHL for $120.1K.

In addition to Judith Newman, 12 other SCHL executives reported Sell trades in the last month. Following Judith Newman’s last SCHL Sell transaction on January 17, 2018, the stock climbed by 1.0%.

Based on Scholastic Corp’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $345 million and GAAP net loss of $49.2 million. In comparison, last year the company earned revenue of $336 million and had a GAAP net loss of $15.4 million. The company has a one-year high of $46.59 and a one-year low of $33.51. Currently, Scholastic Corp has an average volume of 98.99K.

In the last 30 days, insiders have sold $8.13M worth of SCHL shares and purchased $4.82M worth of SCHL shares. The insider sentiment on Scholastic Corp has been neutral according to 99 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Scholastic Corp. engages in the publication and market of children’s books, magazines, and teaching materials. It operates through the following segments: Children’s Book Publishing and Distribution; Educational; and International.