N-able, Inc. (NYSE:NABL) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• N-able, Inc. has received a consensus recommendation of "Moderate Buy" from five ratings firms, with an average 12-month price target of $9.31.
• For its latest quarter, N-able reported $0.11 EPS, exceeding estimates of $0.09, alongside a revenue of $131.25 million, a 9.9% increase year-over-year.
• Recent insider activity includes significant stock sales by executives, with EVP Michael I. Adler selling 31,728 shares, indicating a 6.34% decrease in ownership.

Shares of N-able, Inc. (NYSE:NABL - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the five ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $9.3125.

A number of analysts have commented on the company. Wall Street Zen cut N-able from a "buy" rating to a "hold" rating in a research report on Sunday, August 17th. Scotiabank restated a "sector perform" rating and issued a $8.75 price target (up previously from $8.30) on shares of N-able in a research report on Friday, August 8th.

N-able Stock Performance

Shares of NABL opened at $8.01 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.41. The business has a 50-day simple moving average of $7.97 and a two-hundred day simple moving average of $7.78. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 400.45 and a beta of 0.62. N-able has a 52 week low of $6.07 and a 52 week high of $13.12.

N-able (NYSE:NABL - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The business had revenue of $131.25 million during the quarter, compared to analysts' expectations of $125.87 million. N-able had a return on equity of 4.13% and a net margin of 0.59%.The business's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 earnings per share. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts expect that N-able will post 0.27 EPS for the current year.

Insider Activity

In related news, EVP Michael I. Adler sold 31,728 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $7.72, for a total transaction of $244,940.16. Following the completion of the sale, the executive vice president owned 468,555 shares in the company, valued at approximately $3,617,244.60. This trade represents a 6.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ann Johnson sold 34,568 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $7.70, for a total value of $266,173.60. Following the sale, the director owned 37,424 shares of the company's stock, valued at $288,164.80. This represents a 48.02% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

Institutional Trading of N-able

Institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC grew its position in shares of N-able by 332.7% during the first quarter. GAMMA Investing LLC now owns 10,722 shares of the company's stock worth $76,000 after purchasing an additional 8,244 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in N-able during the 4th quarter valued at approximately $525,000. Public Sector Pension Investment Board grew its holdings in N-able by 27.0% during the 1st quarter. Public Sector Pension Investment Board now owns 223,833 shares of the company's stock valued at $1,587,000 after buying an additional 47,527 shares in the last quarter. Trigran Investments Inc. purchased a new position in N-able during the 1st quarter valued at approximately $4,963,000. Finally, Crescent Park Management L.P. grew its holdings in N-able by 37.2% during the 1st quarter. Crescent Park Management L.P. now owns 1,300,489 shares of the company's stock valued at $9,220,000 after buying an additional 352,505 shares in the last quarter. Hedge funds and other institutional investors own 96.35% of the company's stock.

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.

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