Confluent and Perion Yesterday two of our portfolio companies reported. One did well; the other result was a disappointment. At the moment, we are not taking any action on either stock in our high growth portfolio. That said, the forecast growth projected by Perion makes it difficult to hold in a high growth portfolio. On…
Sale of 200 shares of Crowdstrike and 250 shares of Monday.com-entire position. Purchase of 400 shares of CFLT; 300 shares of PCOR; 200 shares of AFRM; 600 shares of SentinelOne; and 200 shares of GLBE I started 2024 thinking there would be a few weeks of consolidation after the strong run at the end of 2023. The…
Purchase of 6500 shares of PGY This morning, after wrestling with the issue, I wound up adding 6500 shares of Pagaya at a price of $1.11/share. The cost was $7225 net. This brings the margin balance of the Ticker Target high growth portfolio to $251,845. I think it should be obvious that Pagaya’s announcement yesterday…
Sale of 140 shares of Impinj (Entire Position) Purchase of 200 shares of Global One and 100 shares of Veeva We are making some portfolio changes in the Ticker Target High Growth Portfolio. We are selling our position in Impinj. The shares have been a yo-yo in the period since we have owned them. At…
Sale of 100 shares of Bill (entire position); Purchase of 300 shares of Confluent and 300 shares of Pure Storage As we foreshadowed in our latest weekly commentary we have decided to sell our Bill.com position. Our sale price was $67.49 and our net proceeds were $6740. Owning 100 shares of Bill simply made no…
Sale of 900 shares of Jamf; purchase of 190 shares of Pure Storage and purchase of 190 shares of Global-E As mentioned in previous posts, we are in the process of reweighting our portfolio towards companies that are exhibiting strong growth despite macro headwinds. Toward that end, we are selling 700 shares of Jamf, eliminating…
Sale of 500 Zoom Info: Purchase of 25 shares of Datadog, 30 shares of Snow and 30 Shares of Global-E We made some additional changes in our high growth portfolio, essentially executing on the rebalancing and adjustments we had laid out in previous posts. We had hoped for some kind of a dead cat bounce…
Selling our position in Upstart and replacing it with shares of Pagaya I had commented in past weekly portfolio reviews that I planned to swap out the position in Upstart for a holding in Pagaya. I kept waiting for a good opportunity, but eventually I decided to make the switch today after Pagaya received favorable…
During the course of the day, Monday, August 21st. we made a number of changes in our high growth model portfolio. We entered limits for all these transactions which were executed over the course of the day. As there were a number of transactions, I decided to send out one post after market close that…
This morning we sold 400 shares of Alteryx at $30.29. The sale netted $12,110. We had indicated our plan to reduce our holding of Alteryx shares on an opportunistic basis. It might be argued that the price we received is not much of an opportunity but my patience with this company is somewhat exhausted. Alteryx…