BlackbaudBLKB
Market Cap: 4.13B
About: Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
Employees: 3,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
2% more funds holding
Funds holding: 261 [Q4 2023] → 265 (+4) [Q1 2024]
1.07% less ownership
Funds ownership: 93.94% [Q4 2023] → 92.87% (-1.07%) [Q1 2024]
15% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 99
16% less capital invested
Capital invested by funds: $4.39B [Q4 2023] → $3.68B (-$704M) [Q1 2024]
27% less call options, than puts
Call options by funds: $667K | Put options by funds: $919K
33% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2023] → 4 (-2) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Baird Rob Oliver | 10%upside $88 | Outperform Maintained | 14 Feb 2024 |
Financial journalist opinion
Based on 10 articles about BLKB published over the past 30 days