SolarWinds Co. (NYSE:SWI) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC raised its stake in shares of SolarWinds Co. (NYSE:SWI) by 2,649.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,707 shares of the software maker’s stock after buying an additional 66,208 shares during the period. GAMMA Investing LLC’s holdings in SolarWinds were worth $1,266,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its stake in SolarWinds by 6.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,592 shares of the software maker’s stock valued at $222,000 after buying an additional 978 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of SolarWinds by 3.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,966 shares of the software maker’s stock worth $441,000 after purchasing an additional 1,105 shares during the last quarter. Sterling Capital Management LLC grew its stake in shares of SolarWinds by 808.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,744 shares of the software maker’s stock worth $25,000 after purchasing an additional 1,552 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SolarWinds by 17.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 13,718 shares of the software maker’s stock worth $195,000 after purchasing an additional 2,061 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of SolarWinds by 75.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,299 shares of the software maker’s stock worth $76,000 after purchasing an additional 2,279 shares during the last quarter. Institutional investors and hedge funds own 93.96% of the company’s stock.

SolarWinds Stock Performance

Shares of SWI opened at $18.49 on Monday. The firm’s 50 day moving average is $18.49 and its 200-day moving average is $17.01. The stock has a market capitalization of $3.20 billion, a P/E ratio of 29.35 and a beta of 0.88. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.85 and a quick ratio of 0.71. SolarWinds Co. has a 12-month low of $10.14 and a 12-month high of $18.55.

SolarWinds Company Profile

SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. It provides a suite of network management software that offers real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management products, which monitors and analyzes the performance of applications and their supporting infrastructure, including servers, physical, virtual and cloud infrastructure, storage, and databases.