SecureWorks Corp. (NASDAQ:SCWX - Get Free Report) major shareholder Neil Gagnon bought 13,798 shares of the business's stock in a transaction that occurred on Tuesday, April 23rd. The stock was bought at an average price of $5.99 per share, with a total value of $82,650.02. Following the completion of the transaction, the insider now directly owns 610,947 shares of the company's stock, valued at approximately $3,659,572.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Neil Gagnon also recently made the following trade(s):
- On Tuesday, February 13th, Neil Gagnon bought 5,731 shares of SecureWorks stock. The stock was bought at an average price of $6.72 per share, with a total value of $38,512.32.
- On Thursday, February 1st, Neil Gagnon bought 55 shares of SecureWorks stock. The stock was bought at an average price of $6.80 per share, with a total value of $374.00.
- On Tuesday, January 30th, Neil Gagnon bought 5,000 shares of SecureWorks stock. The stock was bought at an average price of $6.80 per share, with a total value of $34,000.00.
SecureWorks Stock Performance
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NASDAQ SCWX opened at $5.90 on Friday. The company has a 50-day simple moving average of $6.33 and a two-hundred day simple moving average of $6.37. SecureWorks Corp. has a 12-month low of $5.40 and a 12-month high of $10.02.
SecureWorks (NASDAQ:SCWX - Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.13. SecureWorks had a negative net margin of 23.52% and a negative return on equity of 9.56%. Sell-side analysts expect that SecureWorks Corp. will post -0.25 EPS for the current year.
Institutional Trading of SecureWorks
Several institutional investors have recently added to or reduced their stakes in SCWX. Scalar Gauge Management LLC bought a new position in shares of SecureWorks during the fourth quarter valued at about $1,816,000. Horrell Capital Management Inc. raised its stake in shares of SecureWorks by 44.6% during the third quarter. Horrell Capital Management Inc. now owns 615,554 shares of the technology company's stock valued at $3,823,000 after acquiring an additional 190,000 shares during the last quarter. First Eagle Investment Management LLC raised its stake in shares of SecureWorks by 19.2% during the third quarter. First Eagle Investment Management LLC now owns 843,133 shares of the technology company's stock valued at $5,236,000 after acquiring an additional 135,589 shares during the last quarter. Cove Street Capital LLC raised its stake in shares of SecureWorks by 16.9% during the third quarter. Cove Street Capital LLC now owns 667,567 shares of the technology company's stock valued at $3,979,000 after acquiring an additional 96,394 shares during the last quarter. Finally, Kovack Advisors Inc. raised its stake in shares of SecureWorks by 55.4% during the first quarter. Kovack Advisors Inc. now owns 207,400 shares of the technology company's stock valued at $1,394,000 after acquiring an additional 73,900 shares during the last quarter. 14.38% of the stock is currently owned by hedge funds and other institutional investors.
About SecureWorks
(
Get Free Report)
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.
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