Scholastic Corporation (SCHL)

HSBC Holdings PLC has invested $1.24 million in Scholastic Corporation, acquiring 26,534 shares. This comes as institutional investors collectively own 82.57% of Scholastic, while insiders have recently sold nearly $11.7 million in stock. Despite beating quarterly earnings expectations, analysts maintain a "Reduce" rating with a $42 price target for Scholastic.

Empowered Funds LLC recently acquired 253,526 shares of Scholastic Corporation (NASDAQ:SCHL) for approximately $11.7 million, gaining a 1.34% stake in the company. Despite this acquisition and other institutional investments, analyst sentiment remains cautious, with an average "Reduce" rating and a target price of $42. Scholastic's latest earnings beat expectations, but revenue fell short, and company insiders have sold nearly $11.7 million in stock during the last quarter.

BlackRock Inc. has acquired a new stake of 2.62 million shares, valued at approximately $120.7 million, in Scholastic Corporation (NASDAQ:SCHL), giving it a 13.92% ownership. While Scholastic beat EPS estimates, its revenue fell short, and analyst sentiment remains cautious with a "Reduce" rating and a $42 consensus price target. Insider selling also amounted to nearly $11.7 million in the past three months, reflecting some internal lack of confidence despite institutional investors collectively owning 82.57% of the company.

A recent Form 4 filing revealed that the Estate of M. Richard Robinson, Jr. sold 289,624 common shares of Scholastic Corp (NASDAQ:SCHL) back to the company for $11.5 million. Iole Lucchese, EVP, Chief Strategy Officer, and director of Scholastic, reported the transaction and acts as the preliminary executor for the estate, disclaiming beneficial ownership except for her pecuniary interest. Following the sale, the estate still indirectly holds 289,623 shares, while Lucchese personally holds 55,162 shares.

Sasha Quinton, Executive Vice President and President of the Children’s Book Group at Scholastic Corp, sold approximately $1.2 million worth of company stock in early August 2026, following the exercise of employee stock options. These sales occurred after a significant 64% return for Scholastic shares over the past year. Quinton acquired 28,037 shares through options and sold them, retaining 53,828 shares in direct beneficial ownership.