Momentum & Growth

Insider Financial Trading Update For 02/20/2020

Yesterday was a big day as a lot of our old names continue to work for us here at Insider Financial. Stocks like $BTAI, $SPCE, $BLDP, $JNUG, $ZM, $MU, $AMD, $S, $CLDR, and $UBER. All write-ups are date and time stamped on Trading View, so none of this is Monday morning quarterbacking.

For today, we like $SEDG, $EVBG, and $FVRR.

$SEDG has broken out of its channel after delivering a strong Q4 earnings beat. SolarEdge Technologies (NASDAQ:SEDG): Q4 Non-GAAP EPS of $1.65 beats by $0.40; GAAP EPS of $1.03 misses by $0.02. Revenue of $418.2M (+58.6% Y/Y) beats by $4.4M.

SolarEdge (NASDAQ:SEDG) reports Q4 beats with 59% Y/Y revenue growth. Solar product revenue totaled $389M, up 60% Y/Y.

Gross margin was 35.5%, up from 30.9% in last year’s quarter. Gross margin for the solar business was 37.8%, up from 32.8%.

Operating expenses rose 15% to $63.1M.

The Q1 outlook sees revenue of $425-440M (consensus: $389.26M), solar product revenue of $405-415M, and gross margin of 32-34%.

$EVBG has broken out to the upside after a strong Q4 earnings report. With 12.93% of the float short, there’s more short covering to take place.

Everbridge (NASDAQ:EVBG): Q4 Non-GAAP EPS of $0.05 beats by $0.01; GAAP EPS of -$0.39 beats by $0.06.

Revenue of $57.11M (+36.6% Y/Y) beats by $0.9M.

Everbridge , Inc. operates as a software company in the United States and internationally. The company’s Critical Event Management, a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event, including Mass Notification that enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before, during, and after natural or man-made disasters, and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management that enables organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate with members of their teams during an IT incident or outage. Its software applications also include Visual Command Center that enables customers to monitor and integrate threat data, as well as information on internal incidents; Population Alerting that is used to reach international mobile populations; Community Engagement that integrates emergency management and community outreach; Crisis Commander that provides mobile access to crisis, recovery, and brand protection plans, as well as the capability to manage a crisis or event; and Secure Messaging that offers an alternative way for organization’s employees to communicate and share nonpublic information. The company provides customer support services. It serves enterprises, small businesses, non-profit organizations, educational institutions, and government agencies in technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, higher education, and professional services industries. The company was formerly known as 3n Global, Inc. and changed its name to Everbridge , Inc. in April 2009. The company was founded in 2002 and is headquartered in Burlington, Massachusetts.

$FVRR made a nice breakout after a strong Q4 earnings report. With 12.32% of the float short, there’s more short covering to push the stock higher. $FVRR is a good ways off its 52-week high above $44 a share.

Fiverr International (NYSE:FVRR): Q4 Non-GAAP EPS of -$0.08 beats by $0.05; GAAP EPS of -$0.23 in-line.

Revenue of $29.53M (+42.6% Y/Y) beats by $0.83M.

The Fiverr platform connects businesses of all sizes with skilled freelancers offering digital services in more than 300 categories, across 8 verticals including graphic design, digital marketing, programming, video and animation. In 2019, over 2.4 million customers bought a wide range of services from freelancers working in over 160 countries.

As always, trade with caution and use protective stops.

Good luck to all!

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Disclosure: At the time of this writing, we have no positions in any of the stocks mentioned. We are not financial advisors. Please read our full disclaimer for more information.

Insider Financial Trading Update For 02/20/2020
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