Savant Capital LLC Makes New Investment in N-able, Inc. $NABL

Savant Capital LLC acquired a new stake in N-able, Inc. (NYSE:NABL) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,932 shares of the company’s stock, valued at approximately $145,000.

Several other large investors have also made changes to their positions in the business. Sunriver Management LLC grew its stake in N-able by 28.6% in the 1st quarter. Sunriver Management LLC now owns 4,580,663 shares of the company’s stock valued at $32,477,000 after acquiring an additional 1,018,361 shares during the period. Crescent Park Management L.P. lifted its holdings in N-able by 37.2% during the first quarter. Crescent Park Management L.P. now owns 1,300,489 shares of the company’s stock valued at $9,220,000 after purchasing an additional 352,505 shares in the last quarter. Trigran Investments Inc. purchased a new position in N-able during the first quarter valued at $4,963,000. Charles Schwab Investment Management Inc. grew its position in shares of N-able by 5.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 635,171 shares of the company’s stock valued at $4,503,000 after purchasing an additional 31,311 shares during the period. Finally, Invenomic Capital Management LP purchased a new stake in shares of N-able during the first quarter worth about $4,192,000. 96.35% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on NABL. Wall Street Zen raised shares of N-able from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 15th. Scotiabank restated 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. Royal Bank Of Canada lifted their price target on N-able from $9.00 to $10.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of N-able in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, N-able currently has a consensus rating of “Hold” and a consensus price target of $9.31.

N-able Price Performance

NABL stock opened at $7.14 on Friday. N-able, Inc. has a 1 year low of $6.07 and a 1 year high of $10.60. 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 $1.33 billion, a PE ratio of -237.83 and a beta of 0.61. The business has a 50 day simple moving average of $7.88 and a 200-day simple moving average of $7.91.

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

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.