N-able, Inc. $NABL Shares Purchased by Creative Planning

Creative Planning increased its holdings in shares of N-able, Inc. (NYSE:NABL) by 214.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 244,492 shares of the company’s stock after purchasing an additional 166,697 shares during the period. Creative Planning owned 0.13% of N-able worth $1,980,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in NABL. Parallel Advisors LLC boosted its stake in shares of N-able by 1,030.5% in the second quarter. Parallel Advisors LLC now owns 3,516 shares of the company’s stock valued at $28,000 after purchasing an additional 3,205 shares during the period. PNC Financial Services Group Inc. lifted its holdings in N-able by 241.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,162 shares of the company’s stock worth $30,000 after buying an additional 2,943 shares in the last quarter. Signaturefd LLC lifted its holdings in N-able by 1,410.3% in the 2nd quarter. Signaturefd LLC now owns 6,615 shares of the company’s stock worth $54,000 after buying an additional 6,177 shares in the last quarter. Ieq Capital LLC purchased a new position in N-able in the 1st quarter valued at about $72,000. Finally, Revisor Wealth Management LLC grew its stake in shares of N-able by 20.8% during the second quarter. Revisor Wealth Management LLC now owns 13,977 shares of the company’s stock valued at $114,000 after acquiring an additional 2,402 shares in the last quarter. 96.35% of the stock is owned by hedge funds and other institutional investors.

N-able Price Performance

Shares of NYSE NABL opened at $7.36 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market capitalization of $1.37 billion, a PE ratio of -245.17 and a beta of 0.61. N-able, Inc. has a 1-year low of $6.07 and a 1-year high of $10.60. The business’s fifty day moving average price is $7.82 and its two-hundred day moving average price is $7.92.

N-able (NYSE:NABL) last posted its earnings results on Thursday, November 6th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.09 by $0.04. The firm had revenue of $131.71 million during the quarter, compared to analysts’ expectations of $127.48 million. N-able had a negative net margin of 1.31% and a positive return on equity of 4.17%. N-able’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 EPS. N-able has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, research analysts expect that N-able, Inc. will post 0.27 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Scotiabank reaffirmed a “sector perform” rating and set a $8.75 target price (up from $8.30) on shares of N-able in a research report on Friday, August 8th. Weiss Ratings restated a “sell (d)” rating on shares of N-able in a report on Wednesday, October 8th. Royal Bank Of Canada upped their target price on N-able from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, Wall Street Zen upgraded N-able from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 15th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $9.31.

N-able Company 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.