SolarWinds (SWI)

• Market cap: $2.46B
• 1 day: 1.19%
• 5 days: -1.90%
• 1 month: 11.33%
• 3 months: 12.36%
• 6 months: 22.77%
• Year to date: 19.22%
• 1 year: 24.89%
• 5 years: -60.45%
• 10 years: -51.93%
• Sector: Information Technology
• Industry: Prepackaged Software

About: SolarWinds Corp is a provider of information technology (IT), and management software. Company offers full-stack observability solutions. The company's business is focused on building products that enable technology professionals and leaders to securely monitor and manage the performance of their IT environments, whether on-premises, in the cloud or in hybrid deployments. The products offered are designed to monitor and manage networks, systems, databases and applications across on-premises, multi-cloud and hybrid IT environments without the need for customization or professional services.

Employees: 2,100

Fund manager confidence

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

60% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 48

9% more capital invested

Capital invested by funds: $1.97B [Q2] → $2.16B (+$187M) [Q3]

1.58% more ownership

Funds ownership: 96.01% [Q2] → 97.59% (+1.58%) [Q3]

1% less funds holding

Funds holding: 188 [Q2] → 187 (-1) [Q3]

3% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 34

13% less funds holding in top 10

Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15 4% upside
• Avg. target: $17.50 21% upside
• High target: $20 38% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Wedbush Daniel Ives 80% 1-year accuracy 110 / 137 met price target	38% upside $20	Outperform Initiated	19 Dec 2024
Baird Rob Oliver 70% 1-year accuracy 32 / 46 met price target	4% upside $15	Neutral Maintained	1 Nov 2024