N-ableNABL
About: N-able Inc is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises. With a flexible technology platform and powerful integrations, N-able makes it easy for MSPs to monitor, manage, and protect their end-customer systems, data, and networks. The company's growing portfolio of management, security, automation, and data protection solutions is built for IT services management professionals. Geographically, the majority of revenue is from the United States. it also has a presence in the United Kingdom and all other International regions.
Employees: 1,623
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
23% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 60
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
16% more capital invested
Capital invested by funds: $2.33B [Q1] → $2.72B (+$383M) [Q2]
14% more funds holding in top 10
Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]
3% more funds holding
Funds holding: 187 [Q1] → 192 (+5) [Q2]
0.07% less ownership
Funds ownership: 96.6% [Q1] → 96.52% (-0.07%) [Q2]
79% less call options, than puts
Call options by funds: $29K | Put options by funds: $140K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Needham Mike Cikos 47% 1-year accuracy 42 / 90 met price target | 32%upside $16.50 | Buy Reiterated | 9 Aug 2024 |