StockNews.com assumed coverage on shares of SecureWorks (NASDAQ:SCWX – Get Free Report) in a research report issued on Thursday. The firm set a “hold” rating on the technology company’s stock.
Other analysts have also issued research reports about the company. Barclays boosted their price target on SecureWorks from $6.00 to $7.00 and gave the company an “underweight” rating in a report on Friday, September 6th. Needham & Company LLC reissued a “hold” rating on shares of SecureWorks in a research report on Tuesday, October 22nd.
Get Our Latest Stock Report on SecureWorks
SecureWorks Price Performance
Hedge Funds Weigh In On SecureWorks
Institutional investors have recently bought and sold shares of the business. Squarepoint Ops LLC bought a new stake in SecureWorks during the 2nd quarter valued at $121,000. Jaffetilchin Investment Partners LLC purchased a new stake in shares of SecureWorks during the 2nd quarter worth $127,000. FMR LLC boosted its position in SecureWorks by 22.3% during the third quarter. FMR LLC now owns 21,734 shares of the technology company’s stock valued at $192,000 after purchasing an additional 3,964 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in SecureWorks by 107.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 38,180 shares of the technology company’s stock valued at $267,000 after purchasing an additional 19,735 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in SecureWorks by 11.6% in the second quarter. Marshall Wace LLP now owns 49,997 shares of the technology company’s stock worth $350,000 after purchasing an additional 5,205 shares in the last quarter. 14.38% of the stock is owned by hedge funds and other institutional investors.
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.
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