Dimensional Fund Advisors LP Has $1.59 Million Position in SecureWorks Corp. (NASDAQ:SCWX)

Posted by Defense World Staff on May 16th, 2025

Dimensional Fund Advisors LP lessened its stake in shares of SecureWorks Corp. (NASDAQ:SCWX – Free Report) by 50.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 188,396 shares of the technology company’s stock after selling 188,431 shares during the period. Dimensional Fund Advisors LP owned 0.21% of SecureWorks worth $1,594,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd increased its stake in shares of SecureWorks by 7.9% in the 4th quarter. Y.D. More Investments Ltd now owns 20,465 shares of the technology company’s stock valued at $173,000 after purchasing an additional 1,501 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of SecureWorks in the 4th quarter valued at about $317,000. ABC Arbitrage SA acquired a new position in shares of SecureWorks in the 4th quarter valued at about $535,000. Alberta Investment Management Corp bought a new stake in SecureWorks in the 4th quarter valued at about $5,076,000. Finally, Wolverine Asset Management LLC acquired a new position in SecureWorks during the 4th quarter worth approximately $680,000. Institutional investors own 14.38% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on SecureWorks in a research note on Sunday, May 11th. They issued a “hold” rating for the company.

Check Out Our Latest Stock Report on SCWX

SecureWorks Price Performance

SCWX stock opened at $8.51 on Friday. The firm has a market cap of $755.94 million, a PE ratio of -8.60 and a beta of 0.94. The business has a 50 day moving average of $8.51 and a 200-day moving average of $8.47. SecureWorks Corp. has a 12-month low of $5.65 and a 12-month high of $9.76.

SecureWorks Company Profile

(Free Report)

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions; managed security services; and professional services, including incident response and penetration testing services.