Virtu Financial LLC Acquires Shares of 35,735 SecureWorks Corp. (NASDAQ:SCWX)

Virtu Financial LLC bought a new position in shares of SecureWorks Corp. (NASDAQ:SCWX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 35,735 shares of the technology company’s stock, valued at approximately $302,000.

A number of other institutional investors also recently modified their holdings of the business. Alpine Associates Management Inc. bought a new position in shares of SecureWorks during the fourth quarter worth approximately $5,273,000. Alberta Investment Management Corp bought a new position in SecureWorks during the 4th quarter worth $5,076,000. Wolverine Asset Management LLC bought a new stake in shares of SecureWorks during the 4th quarter valued at $680,000. ABC Arbitrage SA acquired a new stake in shares of SecureWorks during the 4th quarter worth $535,000. Finally, Scalar Gauge Management LLC increased its position in shares of SecureWorks by 16.4% in the third quarter. Scalar Gauge Management LLC now owns 368,006 shares of the technology company’s stock worth $3,257,000 after purchasing an additional 51,869 shares during the period. Institutional investors own 14.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of SecureWorks in a research note on Monday. They set a “hold” rating on the stock.

SecureWorks Price Performance

NASDAQ SCWX opened at $8.51 on Friday. The business has a fifty day moving average price of $8.50 and a two-hundred day moving average price of $8.36. The stock has a market capitalization of $755.94 million, a PE ratio of -8.60 and a beta of 0.94. SecureWorks Corp. has a fifty-two week low of $5.61 and a fifty-two week high of $9.76.

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.