As many subscribers will have read, Pluralsight announced its acquisition by Vista Equity Partners for $20.26/share in an all-cash transaction. We think that Vista got a steal-but the press release suggests the company had shopped itself for some time period and this was the best bid. I have no reason to doubt the language of…
Today, November 19, 2020, we have added 300 shares of JAMF to our high growth portfolio. This brings our holdings of the name to 800 shares and that is a weighting of about 4.2%. The cost of the purchase was $9460, and that will put the portfolio on margin by about that amount which will…
As is the case every week there were some interesting developments in the IT space. The basic theme last week related to a sector rotation from high-growth IT names to the cyclical names associated with a cyclical recovery. I will comment more on that theme when I write my weekly portfolio summary; in the meantime,…
We bought 300 additional shares of JAMF in the aftermarket for our high-growth portfolio at the closing price of $37.20, a total consideration of 14,880. Our high-growth portfolio now has 600 shares, worth about $22,300, a weighting of 3.5%. We bought the shares after hours because we believe that the quarter was actually a significant…
We are making the following changes in the high growth portfolio, effective today, July 23, 2020. We are selling an additional 125 shares of our Alteryx position at $171 which has yielded proceeds of $21,375 and we have sold 110 shares of our Atlassian position at $194.50 which has yielded proceeds of $21,395. The two…
Summary Jamf is a new issue scheduled to start trading later this week. The company has created a series of infrastructure solutions for Apple Macs. It is by far the leader in the space of Mac specific infrastructure software. The company has been achieving 40% growth for some time now despite a transition from perpetual…