SG Americas Securities LLC Buys 13,508 Shares of SolarWinds Co. (NYSE:SWI)

SG Americas Securities LLC grew its stake in shares of SolarWinds Co. (NYSE:SWI) by 57.1% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 37,166 shares of the software maker’s stock after acquiring an additional 13,508 shares during the quarter. SG Americas Securities LLC’s holdings in SolarWinds were worth $685,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SWI. Wellington Management Group LLP lifted its position in shares of SolarWinds by 93.3% during the 4th quarter. Wellington Management Group LLP now owns 2,174,522 shares of the software maker’s stock valued at $30,987,000 after acquiring an additional 1,049,310 shares during the period. Fisher Asset Management LLC bought a new stake in shares of SolarWinds during the 4th quarter valued at $13,886,000. Arrowstreet Capital Limited Partnership lifted its position in shares of SolarWinds by 167.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 912,946 shares of the software maker’s stock valued at $13,009,000 after acquiring an additional 571,539 shares during the period. Norges Bank bought a new stake in shares of SolarWinds during the 4th quarter valued at $7,106,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of SolarWinds by 6.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,698,697 shares of the software maker’s stock valued at $95,456,000 after acquiring an additional 433,905 shares during the period. 93.96% of the stock is currently owned by institutional investors.

SolarWinds Stock Performance

NYSE:SWI opened at $18.49 on Friday. The stock has a fifty day moving average price of $18.49 and a 200-day moving average price of $17.13. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 29.35 and a beta of 0.88. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.71 and a current ratio of 0.85. SolarWinds Co. has a fifty-two week low of $10.14 and a fifty-two week 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.