Deutsche Bank AG Has $1.28 Million Stock Holdings in N-able, Inc. $NABL

Deutsche Bank AG trimmed its holdings in shares of N-able, Inc. (NYSE:NABL) by 3.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 179,936 shares of the company’s stock after selling 6,873 shares during the period. Deutsche Bank AG owned about 0.10% of N-able worth $1,276,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its stake in shares of N-able by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,529,875 shares of the company’s stock worth $32,969,000 after buying an additional 179,305 shares during the last quarter. Millennium Management LLC boosted its stake in shares of N-able by 48.6% during the 4th quarter. Millennium Management LLC now owns 791,871 shares of the company’s stock worth $7,396,000 after buying an additional 258,979 shares during the last quarter. Edgestream Partners L.P. boosted its stake in shares of N-able by 89.7% during the 1st quarter. Edgestream Partners L.P. now owns 790,993 shares of the company’s stock worth $5,608,000 after buying an additional 373,989 shares during the last quarter. Northern Trust Corp boosted its stake in shares of N-able by 8.5% during the 4th quarter. Northern Trust Corp now owns 713,385 shares of the company’s stock worth $6,663,000 after buying an additional 56,072 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of N-able by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 635,171 shares of the company’s stock worth $4,503,000 after buying an additional 31,311 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at N-able

In other news, Director Ann Johnson sold 34,568 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $7.70, for a total value of $266,173.60. Following the transaction, the director owned 37,424 shares of the company’s stock, valued at approximately $288,164.80. This represents a 48.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael I. Adler sold 31,728 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $7.72, for a total value of $244,940.16. Following the completion of the transaction, the executive vice president directly owned 468,555 shares in the company, valued at $3,617,244.60. The trade was a 6.34% decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

N-able Stock Up 4.3%

N-able stock opened at $7.9720 on Friday. The company’s 50-day moving average price is $7.94 and its two-hundred day moving average price is $7.88. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.41. The stock has a market cap of $1.49 billion, a P/E ratio of 398.80 and a beta of 0.62. N-able, Inc. has a twelve month low of $6.07 and a twelve month high of $13.15.

N-able (NYSE:NABL) last posted its earnings results on Thursday, August 7th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. N-able had a return on equity of 4.13% and a net margin of 0.59%.The company had revenue of $131.25 million for the quarter, compared to the consensus estimate of $125.87 million. During the same quarter in the prior year, the business earned $0.14 earnings per share. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts expect that N-able, Inc. will post 0.27 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on NABL shares. Wall Street Zen downgraded shares of N-able from a “buy” rating to a “hold” rating in a research note on Sunday, August 17th. Scotiabank reaffirmed a “sector perform” rating and issued a $8.75 target price (up from $8.30) on shares of N-able in a report on Friday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 target price on shares of N-able in a report on Monday, May 5th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $9.31.

N-able Profile

N-able, Inc provides cloud-based software solutions for managed service providers in the United States, the United Kingdom, and internationally. The company's solutions enable MSPs to support digital transformation and growth within small and medium-sized enterprises. It provides software platform designed to be an integrated, enterprise-grade solution that serves as an operating system for its MSP partners and scales as their businesses grow.