N-able, Inc. $NABL Stock Holdings Raised by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd raised its stake in N-able, Inc. (NYSE:NABL) by 239.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 147,130 shares of the company’s stock after purchasing an additional 103,767 shares during the period. Y Intercept Hong Kong Ltd owned 0.08% of N-able worth $1,192,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Sunriver Management LLC grew its position in shares of N-able by 28.6% during the 1st quarter. Sunriver Management LLC now owns 4,580,663 shares of the company’s stock valued at $32,477,000 after buying an additional 1,018,361 shares during the last quarter. Crescent Park Management L.P. grew its position in N-able by 37.2% in the 1st quarter. Crescent Park Management L.P. now owns 1,300,489 shares of the company’s stock worth $9,220,000 after purchasing an additional 352,505 shares during the last quarter. Edgestream Partners L.P. lifted its stake in shares of N-able by 89.7% in the 1st quarter. Edgestream Partners L.P. now owns 790,993 shares of the company’s stock worth $5,608,000 after acquiring an additional 373,989 shares during the period. Trigran Investments Inc. acquired a new stake in shares of N-able in the 1st quarter worth approximately $4,963,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of N-able by 5.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 635,171 shares of the company’s stock worth $4,503,000 after acquiring an additional 31,311 shares during the period. Institutional investors own 96.35% of the company’s stock.

N-able Stock Performance

NYSE NABL opened at $7.83 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 391.70 and a beta of 0.61. The company’s fifty day moving average is $7.98 and its two-hundred day moving average is $7.85. N-able, Inc. has a 52-week low of $6.07 and a 52-week high of $13.04.

N-able (NYSE:NABL) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The company had revenue of $131.25 million during the quarter, compared to the consensus estimate of $125.87 million. N-able had a net margin of 0.59% and a return on equity of 4.13%. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that N-able, Inc. will post 0.27 EPS for the current year.

Insider Activity

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

Analyst Ratings Changes

Several analysts recently commented on NABL shares. Scotiabank reissued a “sector perform” rating and set a $8.75 target price (up from $8.30) on shares of N-able in a research note on Friday, August 8th. Wall Street Zen upgraded shares of N-able from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of N-able in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, N-able presently has a consensus rating of “Hold” and an average price target of $9.31.

About N-able

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.