SolarWinds Corp (NYSE: SWI) is 28.56% higher on its value in year-to-date trading and has touched a low of $10.14 and a high of $18.55 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWI stock was last observed hovering at around $18.31 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $18.32, the stock is 10.34% and 20.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.96 million and changing 0.05% at the moment leaves the stock 39.54% off its SMA200. SWI registered 60.88% gain for a year compared to 6-month gain of 45.86%.
The stock witnessed a 25.31% loss in the last 1 month and extending the period to 3 months gives it a 41.58%, and is -0.16% down 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 0.26% over the week and 1.59% over the month.
SolarWinds Corp (SWI) has around 2107 employees, a market worth around $3.14B and $796.89M in sales. Current P/E ratio is 28.74 and Fwd P/E is 16.08. Profit margin for the company is 14.04%. Distance from 52-week low is 80.73% and -1.24% from its 52-week high. The company has generated returns on investments over the last 12 months (4.25%).
with sales reaching $202.67M over the same period.The EPS is expected to shrink by -17.93% this year, but quarterly earnings will post 3.66% year-over-year. Quarterly sales are estimated to grow 4.84% in year-over-year returns.
SolarWinds Corp (SWI) Top Institutional Holders
The shares outstanding are 171.57M, and float is at 52.25M with Short Float at 3.32%.
The top institutional shareholder in the company is SILVER LAKE GROUP, L.L.C. with over 61.47 million shares valued at $740.76 million. The investor’s holdings represent 36.4251% of the SWI Shares outstanding. As of 2024-06-30, the second largest holder is THOMA BRAVO, L.P. with 50.09 million shares valued at $$603.59 million to account for 29.6802 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.12 million shares representing 3.6579% and valued at over $73.79 million, while DIMENSIONAL FUND ADVISORS LP holds 3.4226 of the shares totaling 5.78 million with a market value of $69.6 million.
SolarWinds Corp (SWI) Insider Activity
The most recent transaction is an insider sale by Ramakrishna Sudhakar,the company’sCEO & President. SEC filings show that Ramakrishna Sudhakar sold 200,000 shares of the company’s common stock on Nov 07 ’24 at a price of $13.68 per share for a total of $2.74 million. Following the sale, the insider now owns 2.21 million shares.
SolarWinds Corp disclosed in a document filed with the SEC on Nov 05 ’24 that BOCK WILLIAM G (Director) sold a total of 16,000 shares of the company’s common stock. The trade occurred on Nov 05 ’24 and was made at $13.13 per share for $0.21 million. Following the transaction, the insider now directly holds 88857.0 shares of the SWI stock.
Still, SEC filings show that on Nov 07 ’24, Sudhakar Ramakrishna (Officer) Proposed Sale 200,000 shares at an average price of $13.99 for $2.8 million. The insider now directly holds shares of SolarWinds Corp (SWI).
