Scholastic director Kaya Henderson sells $130,812 in stock
On August 6, 2026, Kaya Henderson, a director at Scholastic Corp., sold 3,250 shares of the company's common stock. The sale amounted to $130,812, as each share was sold for $40.25. Despite the sale, Scholastic's stock price has surged by 64% over the past year, currently trading at $41.43. This price represents a substantial increase from the stock's current fair value of $47.86, according to InvestingPro analysis.
Following the sale, Henderson still owns 7,113 shares of Scholastic Corp. common stock. For a more detailed analysis of Scholastic's financial health and growth potential, investors can refer to the comprehensive Pro Research Report, available for SCHL and over 1,400 other US equities on InvestingPro. However, recent developments in Scholastic's financial performance have also come to light.
The company's fiscal fourth-quarter results were released, showing earnings that met Wall Street's profit forecasts but falling short of revenue estimates. Adjusted earnings came in at $2.19 per share, matching analyst expectations. However, revenue was reported at $476.1 million, which was 7.9% lower than the anticipated $517.1 million.
This revenue shortfall has been a focal point in discussions about Scholastic's recent performance, adding to the scrutiny surrounding the company's financial health.
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