SolarWinds Co. (NYSE:SWI) Shares Bought by Villanova Investment Management Co LLC

Villanova Investment Management Co LLC lifted its holdings in shares of SolarWinds Co. (NYSE:SWI - Free Report) by 42.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 149,709 shares of the software maker's stock after buying an additional 44,839 shares during the period. SolarWinds makes up approximately 2.1% of Villanova Investment Management Co LLC's holdings, making the stock its 17th largest position. Villanova Investment Management Co LLC owned approximately 0.09% of SolarWinds worth $1,954,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in SolarWinds by 8.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,776,309 shares of the software maker's stock worth $69,603,000 after buying an additional 461,061 shares during the last quarter. State Street Corp increased its stake in shares of SolarWinds by 57.5% during the third quarter. State Street Corp now owns 2,193,026 shares of the software maker's stock worth $28,619,000 after acquiring an additional 800,467 shares during the period. Scalar Gauge Management LLC raised its holdings in SolarWinds by 11.3% during the second quarter. Scalar Gauge Management LLC now owns 834,060 shares of the software maker's stock worth $10,050,000 after purchasing an additional 85,000 shares in the last quarter. AQR Capital Management LLC lifted its position in SolarWinds by 48.5% in the second quarter. AQR Capital Management LLC now owns 825,829 shares of the software maker's stock valued at $9,869,000 after purchasing an additional 269,578 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in SolarWinds by 4.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 566,204 shares of the software maker's stock valued at $7,389,000 after purchasing an additional 25,416 shares in the last quarter. 93.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Sudhakar Ramakrishna sold 200,000 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $13.68, for a total value of $2,736,000.00. Following the sale, the chief executive officer now owns 2,212,171 shares of the company's stock, valued at $30,262,499.28. This trade represents a 8.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jason Bliss sold 135,000 shares of the company's stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $13.02, for a total transaction of $1,757,700.00. Following the completion of the transaction, the insider now owns 838,789 shares of the company's stock, valued at approximately $10,921,032.78. This trade represents a 13.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 351,000 shares of company stock worth $4,703,780 over the last ninety days. 1.95% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Robert W. Baird raised their price target on SolarWinds from $14.00 to $15.00 and gave the company a "neutral" rating in a report on Friday, November 1st. Scotiabank assumed coverage on SolarWinds in a research report on Friday, September 13th. They issued a "sector perform" rating and a $13.00 price objective for the company. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat, SolarWinds currently has an average rating of "Hold" and a consensus target price of $14.00.

SolarWinds Price Performance

Shares of SWI traded down $0.09 on Friday, reaching $14.51. The stock had a trading volume of 1,255,787 shares, compared to its average volume of 530,255. SolarWinds Co. has a twelve month low of $10.14 and a twelve month high of $14.71. The firm has a 50-day moving average of $13.17 and a 200 day moving average of $12.48. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $2.47 billion, a PE ratio of 65.96 and a beta of 0.96.

SolarWinds (NYSE:SWI - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The software maker reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. The business had revenue of $200.03 million during the quarter, compared to the consensus estimate of $194.03 million. SolarWinds had a net margin of 4.93% and a return on equity of 7.96%. The business's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 earnings per share. Sell-side analysts expect that SolarWinds Co. will post 0.74 EPS for the current year.

SolarWinds Company Profile

SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitors and analyzes the performance of applications and their supporting infrastructure, including servers, physical, virtual and cloud infrastructure, storage, and databases.