SolarWinds Corporation (SWI) – Don’t Believe the Hype: Check The Facts

SolarWinds Corporation (NYSE: SWI) is -2.07% lower on its value in year-to-date trading and has touched a low of $11.50 and a high of $24.34 in the current 52-week trading range. The SWI stock was last observed hovering at around $14.64 in the last trading session, with the day’s gains setting it 0.49% off its average median price target of $19.50 for the next 12 months. It is also 41.81% off the consensus price target high of $26.00 offered by 12 analysts, but current levels are -8.07% lower than the price target low of $14.00 for the same period.


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Currently trading at $15.13, the stock is -2.19% and -22.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 3.35% at the moment leaves the stock -20.39% off its SMA200. SWI registered -20.56% loss for a year compared to 6-month gain of -18.30%. The firm has a 50-day simple moving average (SMA 50) of $18.36 and a 200-day simple moving average (SMA200) of $19.71.

The stock witnessed a -37.83% loss in the last 1 month and extending the period to 3 months gives it a -33.79%, and is 1.17% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.02% over the week and 6.55% over the month.

SolarWinds Corporation (SWI) has around 3241 employees, a market worth around $4.40B and $1.00B in sales. Current P/E ratio is 119.02 and Fwd P/E is 14.12. Profit margin for the company is 2.60%. Distance from 52-week low is 31.57% and -37.84% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).

SolarWinds Corporation (SWI) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for SolarWinds Corporation (SWI) is a “Overweight”. 12 analysts offering their recommendations for the stock have an average rating of 2.40, where 6 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

SolarWinds Corporation is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.25 with sales reaching $263.51M over the same period.The EPS is expected to grow by 117.70% this year, but quarterly earnings will post 8.40% year-over-year. Quarterly sales are estimated to grow 5.70% in year-over-year returns.

SolarWinds Corporation (SWI) Top Institutional Holders

208 institutions hold shares in SolarWinds Corporation (SWI), with 4.39M shares held by insiders accounting for 1.40% while institutional investors hold 97.71% of the company’s shares. The shares outstanding are 310.89M, and float is at 64.06M with Short Float at 5.34%. Institutions hold 96.35% of the Float.

The top institutional shareholder in the company is Silver Lake Group, LLC with over 130.12 million shares valued at $2.65 billion. The investor’s holdings represent 41.43% of the SWI Shares outstanding. As of Sep 29, 2020, the second largest holder is Thoma Bravo, LP with 106.02 million shares valued at $2.16 billion to account for 33.76% of the shares outstanding. The other top investors are Harbourvest Partners, LLC which holds 7.87 million shares representing 2.51% and valued at over $160.13 million, while ArrowMark Colorado Holdings LLC holds 2.38% of the shares totaling 7.46 million with a market value of $151.82 million.

SolarWinds Corporation (SWI) Insider Activity

The most recent transaction is an insider sale by HERMES USA INVESTORS VENTURE I, the company’s . SEC filings show that HERMES USA INVESTORS VENTURE I sold 57,813 shares of the company’s common stock on Dec 10 at a price of $21.97 per share for a total of $1.27 million. Following the sale, the insider now owns 0.99 million shares.

SolarWinds Corporation disclosed in a document filed with the SEC on Dec 10 that NB Strategic Co-Investment Par (10% Owner) sold a total of 289,066 shares of the company’s common stock. The trade occurred on Dec 10 and was made at $21.97 per share for $6.35 million. Following the transaction, the insider now directly holds 4.96 million shares of the SWI stock.

Still, SEC filings show that on Dec 10, NB Alternatives Advisers LLC (10% Owner) disposed off 289,066 shares at an average price of $21.97 for $6.35 million. The insider now directly holds 4,959,467 shares of SolarWinds Corporation (SWI).

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