Campbell & CO Investment Adviser LLC Takes $261,000 Position in N-able, Inc. $NABL

Campbell & CO Investment Adviser LLC acquired a new position in shares of N-able, Inc. (NYSE:NABL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 32,238 shares of the company’s stock, valued at approximately $261,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cerity Partners LLC acquired a new position in shares of N-able in the 1st quarter valued at $143,000. Victory Capital Management Inc. boosted its holdings in shares of N-able by 9.2% in the first quarter. Victory Capital Management Inc. now owns 72,390 shares of the company’s stock worth $513,000 after buying an additional 6,076 shares during the period. Allianz Asset Management GmbH purchased a new position in shares of N-able in the first quarter worth approximately $542,000. Y Intercept Hong Kong Ltd raised its holdings in shares of N-able by 28.5% during the first quarter. Y Intercept Hong Kong Ltd now owns 43,363 shares of the company’s stock valued at $307,000 after acquiring an additional 9,616 shares during the period. Finally, Mackenzie Financial Corp raised its holdings in shares of N-able by 10.2% during the first quarter. Mackenzie Financial Corp now owns 51,351 shares of the company’s stock valued at $364,000 after acquiring an additional 4,770 shares during the period. 96.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NABL has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of N-able in a research report on Wednesday, October 8th. Scotiabank reaffirmed a “sector perform” rating and issued a $8.75 target price (up previously from $8.30) on shares of N-able in a research report on Friday, August 8th. Wall Street Zen upgraded N-able from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Royal Bank Of Canada upped their price target on N-able from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $9.31.

N-able Stock Performance

Shares of NYSE NABL opened at $7.17 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.27 and a quick ratio of 1.27. N-able, Inc. has a one year low of $6.07 and a one year high of $10.60. The business’s 50-day moving average price is $7.95 and its two-hundred day moving average price is $7.93. The company has a market capitalization of $1.34 billion, a P/E ratio of -238.83 and a beta of 0.61.

N-able (NYSE:NABL) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. N-able had a positive return on equity of 4.17% and a negative net margin of 1.31%.The business had revenue of $131.71 million during the quarter, compared to analyst estimates of $127.48 million. During the same period in the previous year, the company earned $0.13 EPS. The firm’s revenue was up 13.1% on a year-over-year basis. N-able has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts anticipate that N-able, Inc. will post 0.27 earnings per share for the current fiscal year.

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.