In a report released yesterday, Matthew Hedberg from RBC Capital maintained a Hold rating on SolarWinds (SWI – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $11.58.
Hedberg covers the Technology sector, focusing on stocks such as Altair Engineering, UiPath, and Informatica. According to TipRanks, Hedberg has an average return of 10.9% and a 55.02% success rate on recommended stocks.
SolarWinds has an analyst consensus of Hold, with a price target consensus of $15.75.
The company has a one-year high of $12.37 and a one-year low of $7.82. Currently, SolarWinds has an average volume of 464.7K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SolarWinds (SWI) Company Description:
SolarWinds Corp. engages in the provision of information technology (IT)infrastructure management software. It provides network management, systems management, database management, IT security, IT helpdesk, and cloud services. The company was founded in 1999 and is headquartered in Austin, TX.
