5 Software Stocks to Buy Now According to Jim Davidson’s Silver Lake Partners

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In this article, we discuss 5 software stocks to buy now according to Jim Davidson’s Silver Lake Partners. If you want to read our detailed analysis of Davidson’s history and hedge fund performance, go directly to 10 Software Stocks to Buy Now According to Jim Davidson’s Silver Lake Partners.

5. Qualtrics International Inc. (NASDAQ:XM)

Silver Lake Partners’ Stake Value: $840,343,000
Percentage of Silver Lake Partners’ 13F Portfolio: 3.95%
Number of Hedge Fund Holders: 38

Qualtrics International Inc. (NASDAQ:XM) manages customer, employee, product, and brand experiences as a management platform. BofA analyst Adam Bergere resumed coverage of Qualtrics International Inc. (NASDAQ:XM) on March 31, maintaining a Buy recommendation on the stock with a price target of $40. According to the analyst in a research note, Qualtrics International Inc. (NASDAQ:XM)’s superiority was shown by more than 17K clients, which included 89% of the Fortune 100 companies.

Qualtrics International Inc. (NASDAQ:XM) is getting the attention of the smart money, as 38 hedge funds tracked by Insider Monkey reported owning stakes in Qualtrics International Inc. (NASDAQ:XM) at the end of the fourth quarter, up from 26 funds a quarter earlier.

According to the 13F filings for the fourth quarter of 2021, Silver Lake Partners held over 23.74 million shares of Qualtrics International Inc. (NASDAQ:XM), amounting to more than $840.34 million and representing 3.95% of the fund’s portfolio.

ClearBridge Investments, in its Q2 2021 investor letter, mentioned Qualtrics International Inc. (NASDAQ:XM). Here is what the firm has to say:

“On the sell side, we closed out of Qualtrics, an experience management software company, where we were unable to build a sufficient position following its successful IPO.”



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