On Wednesday evening, the President took revenge on the former Director of what is called the Cybersecurity and Infrastructure Security Agency, Chris Krebs for not supporting the allegations regarding the integrity of the 2020 presidential elections. The order included allegations against Krebs for allegedly “blinding” the American public about the controversy over Hunter Biden’s laptop,…
Ticker Target Invest Philosophy In the wake of the excruciating fall of high growth IT shares I have been asked frequently about the Ticker Target investment philosophy and how it works in these difficult times. Obviously in looking at a drawdown of 34% in just over 6 weeks provides plenty of motivation for introspection and…
As foreshadowed in the weekly commentary I have made some portfolio changes. The rationale for these changes was in the weekly commentary. That said, if anyone has questions about why I have made these changes, please let me know and I will answer rapidly. I do not like to make a lot of changes, but…
I want to start by making an unusual comment. At Ticker Target, we make it a point to ensure that all of our subscribers receive content on a timely basis. If there is a problem, we want to know about it. To do so, however, we need some kind of payment confirmation information. We have…
Sale of 100 shares of Crowdstrike at the opening; Sale of 100 shares of DT at the opening; Purchase of 120 shares of CyberArk at the opening, Purchase of 40 shares of Datadog; Comments on the ZS downgrades As we discussed in the portfolio commentary we published yesterday, we are exiting our Crowdstrike position. The…
Sale of 250 shares of Nutanix; Sale of 100 shares of Dynatrace; purchase of 150 shares of AppLovin; Purchase of 20 shares of CyberArk We made some changes to the high growth portfolio today. In general, my strategy is to hold positions long term. But sometimes, when I see tactical opportunities, I take them. I…
Sale of 50 shares of Crowdstrike; Purchase of 80 shares of CyberArk Very reluctantly, we decided to sell 25% of our Crowdstrike position today. Our sale price was $348.49 and the sale raided about $17,415. Crowdstrike shares have risen by more than 18% in the last 3+ weeks. That kind of performance is far greater…
Summary CyberArk is a leader in the privileged access management space, offering a comprehensive identity security platform. The company’s transition to a subscription model has masked the substantial go-to-market success best seen in the rapid growth of subscription ARR. The company has been adding products in adjacencies including what are known as ‘secrets’ securing the…