35,700 Shares in SolarWinds Co. (NYSE:SWI) Bought by Versor Investments LP

Versor Investments LP bought a new stake in SolarWinds Co. (NYSE:SWIFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 35,700 shares of the software maker’s stock, valued at approximately $337,000.

Several other hedge funds also recently bought and sold shares of SWI. Tower Research Capital LLC TRC grew its stake in shares of SolarWinds by 96.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,517 shares of the software maker’s stock valued at $26,000 after buying an additional 1,237 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of SolarWinds during the 2nd quarter worth $32,000. US Bancorp DE raised its holdings in shares of SolarWinds by 3,591.5% during the 1st quarter. US Bancorp DE now owns 4,762 shares of the software maker’s stock valued at $64,000 after purchasing an additional 4,633 shares in the last quarter. Ensign Peak Advisors Inc bought a new position in shares of SolarWinds during the 3rd quarter valued at $40,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in SolarWinds by 118.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 5,461 shares of the software maker’s stock worth $52,000 after purchasing an additional 2,957 shares in the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded SolarWinds from a “d+” rating to a “c-” rating in a report on Wednesday, December 13th.

Get Our Latest Research Report on SolarWinds

SolarWinds Price Performance

NYSE:SWI opened at $12.19 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.85. SolarWinds Co. has a 1 year low of $8.06 and a 1 year high of $12.55. The firm’s fifty day simple moving average is $11.84 and its 200 day simple moving average is $10.86.

SolarWinds (NYSE:SWIGet Free Report) last posted its quarterly earnings data on Thursday, November 2nd. The software maker reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. The business had revenue of $189.59 million for the quarter, compared to analyst estimates of $184.09 million. SolarWinds had a positive return on equity of 4.78% and a negative net margin of 2.53%. As a group, sell-side analysts expect that SolarWinds Co. will post 0.5 earnings per share for the current fiscal year.

SolarWinds Profile

(Free Report)

SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. The company offers a portfolio of solutions to technology professionals for monitoring, managing, and optimizing networks, systems, desktops, applications, storage, databases, website infrastructures, and IT service desks.

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Institutional Ownership by Quarter for SolarWinds (NYSE:SWI)

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