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

4. SolarWinds Corporation (NYSE:SWI)

Silver Lake Partners’ Stake Value: $872,314,000
Percentage of Silver Lake Partners’ 13F Portfolio: 4.1%
Number of Hedge Fund Holders: 22

SolarWinds Corporation (NYSE:SWI) is a software firm based in the United States that helps organizations manage their networks, systems, and IT infrastructure. SolarWinds Corporation (NYSE:SWI) was in 22 hedge funds’ portfolios at the end of the fourth quarter of 2021. Comparatively, there were 15 hedge funds in our database with SolarWinds Corporation (NYSE:SWI) holdings at the end of the previous quarter.

SolarWinds Corporation (NYSE:SWI)’s price objective was decreased to $15 from $18 on February 22 by Truist analyst Terry Tillman, who maintained a Hold rating on the stock. His lower price estimate indicated a wide-ranging software value decline that has been happening for several months across all software growth sectors.

Silver Lake Partners bought 61.47 million shares of SolarWinds Corporation (NYSE:SWI) in the fourth quarter, making it the most significant stakeholder of the company.