SecureWorks Corp. (NASDAQ:SCWX) Position Raised by Y.D. More Investments Ltd

Y.D. More Investments Ltd raised its holdings in SecureWorks Corp. (NASDAQ:SCWX) by 7.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,465 shares of the technology company’s stock after acquiring an additional 1,501 shares during the quarter. Y.D. More Investments Ltd’s holdings in SecureWorks were worth $173,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SCWX. State Street Corp lifted its stake in SecureWorks by 5.5% in the 3rd quarter. State Street Corp now owns 44,227 shares of the technology company’s stock worth $391,000 after acquiring an additional 2,300 shares in the last quarter. FMR LLC boosted its holdings in SecureWorks by 22.3% in the third quarter. FMR LLC now owns 21,734 shares of the technology company’s stock worth $192,000 after purchasing an additional 3,964 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of SecureWorks by 11.6% during the 2nd quarter. Marshall Wace LLP now owns 49,997 shares of the technology company’s stock valued at $350,000 after acquiring an additional 5,205 shares during the last quarter. Atom Investors LP raised its position in shares of SecureWorks by 14.6% in the third quarter. Atom Investors LP now owns 85,186 shares of the technology company’s stock valued at $754,000 after purchasing an additional 10,823 shares during the period. Finally, Brooktree Capital Management raised its holdings in SecureWorks by 9.9% in the 3rd quarter. Brooktree Capital Management now owns 174,191 shares of the technology company’s stock worth $1,542,000 after acquiring an additional 15,680 shares during the period. 14.38% of the stock is owned by institutional investors and hedge funds.

SecureWorks Price Performance

NASDAQ SCWX opened at $8.51 on Thursday. SecureWorks Corp. has a one year low of $5.61 and a one year high of $9.76. The stock’s 50 day simple moving average is $8.45 and its 200 day simple moving average is $8.11. The firm has a market cap of $755.94 million, a PE ratio of -8.60 and a beta of 0.94.

SecureWorks (NASDAQ:SCWX) last announced its quarterly earnings data on Wednesday, December 4th. The technology company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). SecureWorks had a negative return on equity of 5.71% and a negative net margin of 25.49%. As a group, equities analysts expect that SecureWorks Corp. will post -0.29 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on SCWX shares. Needham & Company LLC reiterated a “hold” rating on shares of SecureWorks in a report on Tuesday, October 22nd. StockNews.com began coverage on SecureWorks in a report on Tuesday. They set a “hold” rating on the stock.

SecureWorks Company Profile

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions; managed security services; and professional services, including incident response and penetration testing services.