UiPath; Nutanix, Pure and Salesforce It’s Thursday, the trading week is half over and there are some notable casualties. UiPath is trading down by about 34% and Salesforce is down by more than 18%. NTNX, which had been “bulled-up” into the numbers, is trading in line with a “sell the news paradigm” and is down…
Sale of 300 shares of Procore (entire position); purchase of 100 shares of Shift4, 200 shares of Sentinel One; 100 shares of GitLab; 100 shares of Affirm; 100 Shares of UiPath We made some portfolio changes in the high growth portfolio today. We decided to eliminate the last of the Procore position, selling 300 shares while adding…
Sales of 100 shares of Veeva (entire position); 200 shares of Procore and 320 Nutanix-Total Sales of Purchase of 300 shares of UiPath; 500 Shares of Nu Holdings; 633 shares of Pagaya; 400 shares of SentinelOne and 30 shares of Zscaler As we indicated in the post we sent on Thursday, we decided to make…
Sale of 320 shares of Datadog @ $136.59; Purchase of 1000 shares of UiPath @ $25.09; Purchase of 200 shares of Affirm @ $45.59 We made some portfolio changes this morning. We sold about 1/2rd of our DDOG position as it spiked into the opening. The shares are close to their yearly high. The company is…
We made a portfolio change in the Income/Stability portfolio. We sold our position in Ubiquity at the opening price of $319.75. The sale netted $75,130, The sale in no way reflects any change in the outlook for the company. It reflects, rather, the recent spike which saw the shares appreciate by 31% in two weeks.…
As many readers will have seen, Oracle shares gapped up a bit on news that it has been selected by our government and by ByteDance to negotiate a partnership with TikTok. The nature of the partnership is quite undefined. The value add that Oracle might bring to such a partnership, other than its name is…
We are adding Ubiquiti to the income/stability portfolio. We are buying 85 shares at Friday’s closing price of $128/share. This will cost $10,880 and use up the cash balance we have had in the portfolio since our sale of Cognizant. We had previously sold Ubiquiti in our high-growth portfolio in order to buy positions in…
We are making a change in our high-growth portfolio effective at market close on 12/13. We are selling our position in Ubiquiti-228 shares at this evening’s closing price of $110.46. That will raise cash of about $25,200. We bought Ubiquiti shares a bit more than a year ago at a price of $63 so we…
Ubiquiti’s Earnings Release; Twilio convertible note offering Twilio Twilio announced this morning that it will be offering an aggregate of $500 million of convertible notes to institutional investors. While the notes haven’t been priced; it is reasonable to believe that they will bear interest at a rate of 0.5% or less and the shares will…