Sea Cliff Partners Management LP Increases N-able Holdings by 11.8% in Second Quarter
October 1, 2024

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N-able ($NYSE:NABL), Inc. is a global provider of technology and IT services. The recent announcement of Sea Cliff Partners Management LP increasing their stake in N-able by 11.8% in the second quarter has caught the attention of investors and analysts alike. This move signals confidence in N-able’s growth potential and future prospects. This filing provides transparency into the holdings of large investors and can offer insights into their investment strategies. The exact number of shares acquired by Sea Cliff Partners Management LP was not disclosed, but an 11.8% increase indicates a significant investment into N-able.
This move also aligns with Sea Cliff’s focus on technology investments, as the company primarily invests in technology and healthcare sectors. The news of Sea Cliff’s increased stake in N-able has positively impacted the stock price of the company, further solidifying investor confidence. With a solid financial backing and promising market position, N-able is well-positioned to continue its upward trajectory in the MSP industry. Investors and analysts will undoubtedly be keeping a close eye on the company’s future developments and performance.
Analysis
After conducting a thorough analysis of N-ABLE‘s wellbeing, I have found that the company shows strength in growth and profitability, but weakness in terms of assets and dividends. This can be seen through the Star Chart, which gives a comprehensive visual representation of the company’s performance in these areas. One key factor that stands out for N-ABLE is its high health score of 8/10. This takes into account the company’s cashflows and debt, and indicates that N-ABLE is well-equipped to weather any crisis without the risk of bankruptcy. This is a positive sign for investors, as it shows that the company has a strong financial foundation and is capable of withstanding challenging market conditions. This further reinforces the company’s strength in growth and profitability, making it an attractive option for investors seeking long-term stability and potential for growth. With its strong financials and competitive advantage, N-ABLE may be of interest to a variety of investors. Those looking for stable and reliable returns may be drawn to the company’s consistent growth and profitability. Additionally, investors seeking higher-risk opportunities may see potential for further growth and expansion in N-ABLE’s market dominance as a ‘gorilla’ company. Overall, N-ABLE’s solid performance and promising outlook make it a compelling choice for a range of investors. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for N-able. More…
| Total Revenues | Net Income | Net Margin |
| 421.88 | 23.41 | 5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for N-able. More…
| Operations | Investing | Financing |
| 90.09 | -22.34 | -15.17 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for N-able. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.16k | 451.43 | 3.88 |
Key Ratios Snapshot
Some of the financial key ratios for N-able are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.7% | 27.7% | 17.7% |
| FCF Margin | ROE | ROA |
| 16.1% | 6.7% | 4.0% |

Peers
In the market for customer relations management (CRM) software, N-able Inc faces stiff competition from Coveo Solutions Inc, BigBear.ai Holdings Inc, and Pushpay Holdings Ltd. All four companies offer software solutions that help businesses manage customer data, automate marketing tasks, and improve customer support.
– Coveo Solutions Inc ($TSX:CVO)
Coveo Solutions Inc is a software company that specializes in search and analytics. The company has a market cap of 561.87M as of 2022 and a return on equity of 59.41%. The company’s products are used by some of the world’s largest organizations, including Microsoft, Salesforce, and Adobe.
– BigBear.ai Holdings Inc ($NYSE:BBAI)
BigBear.ai Holdings Inc is a company that is involved in the development of artificial intelligence technology. The company has a market capitalization of 140.15 million as of 2022. The company’s return on equity is -405.49%.
– Pushpay Holdings Ltd ($NZSE:PPH)
With a market cap of $1.46B as of 2022, Pushpay Holdings Ltd is a company that provides mobile payment solutions. Its Return on Equity (ROE) is 18.56%.
Pushpay’s mobile payment solutions allow businesses to accept payments from customers via credit and debit cards, as well as bank transfers. The company’s platform is designed to be used by businesses of all sizes, from small businesses to large enterprises.
Pushpay’s solutions are used by businesses in a variety of industries, including retail, hospitality, healthcare, and education. The company has a strong presence in the United States and Australia, and is expanding its operations into new markets, such as Canada and the United Kingdom.
Summary
Sea Cliff Partners Management LP increased its investment in N-able, Inc. by 11.8% during the second quarter. This suggests a positive outlook on the company and its potential for growth. The decision to increase holdings in N-able may have been based on factors such as market trends, financial performance, and management strategies.
While no specific details were provided, this move indicates confidence in N-able as an investment opportunity. Investors should continue to monitor the company’s progress and evaluate its potential for long-term returns.
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