SecureWorks (SCWX)

• Market cap: $753M
• 1 day: 0.24%
• 5 days: -0.12%
• 1 month: 1.19%
• 3 months: 4.70%
• 6 months: 41.40%
• Year to date: 18.63%
• 1 year: 37.72%
• 5 years: -44.20%
• 10 years: -39.50%
• Sector: Information Technology
• Industry: Prepackaged Software

About: SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats. The company's products consist of MDR, XDR, Threat Hunting, Log Management, NGAV, EDR, IDPS.

Employees: 1,516

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,031% more call options, than puts

Call options by funds: $147K | Put options by funds: $13K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

28% more capital invested

Capital invested by funds: $68.5M [Q2] → $87.9M (+$19.4M) [Q3]

6% more funds holding

Funds holding: 54 [Q2] → 57 (+3) [Q3]

0.43% less ownership

Funds ownership: 53.21% [Q2] → 52.78% (-0.43%) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 20