IPO Profiles
Recent QSR IPO Sees Opportunity in Expanding Niche Brand Nationally
Portillo’s (PTLO) a strong recent IPO that has pulled back to VWAP from the initial offering and seeing put sales active on 11/23 in the December $40 strike, over 1500X, so wanted to dig in further to the name. PTLO has a big volume node above at $45 and above that...
Emerging Product Analytics Company Sees Massive Greenfield Opportunity in Digital Transformation
Amplitude (AMPL) a recent IPO that has traded well in its first two months and pulling back to the top of monthly value where yesterday 1,500 December $60 puts were sold to open for $1.50, the first notable trade in the name. AMPL is also back at the 55-EMA and narrow...
Call Buyers Target Recent IPO Disrupting the Massive Consumer Loan Market
Blend Labs (BLND) a summer IPO that has traded weak since its debut but trying to put in a nice base over the last month and turn the corner higher. BLND has seen elevated called activity recently in the February $15 calls and May $20 calls, the latter bought over...
Bulls Target Recent Health & Beauty IPO Showing Strength
Olaplex (OLPX) a recent IPO that surged on 10/21 with buyers active in the December $30 calls 1000X for $3.50. OLPX had buyers in the March $25 calls on 10/11 as well for over $360K and worth a look as a name not many are talking about. The $17.18B company sells hair...
IPO Profile: Similar-Web (SMWB) Positioned Strongly for Digital Intelligence Spending
Similar Web (SMWB) came public in May and shares are +3.9% YTD with a choppy first few months trading range. SMWB is a leader in digital intelligence. Similarweb provides a leading platform for digital intelligence, delivering a trusted, comprehensive and detailed...
Top Provider of Aerospace Components Draws Insider Buys Amid Improving Outlook for Industry
Transdigm (TDG) nice setup with shares pulling back to the 200-MA after a big run from the March 2020 lows and size insider buy on 9/7 from CFO Michael Lisman of 1,700 shares at $591.19, a more than $1M investment. TDG shares are basically flat for the year but...
Recent IPO Taps into Big Thematic Trends Around Entrepreneurship, B2C Relationships
SquareSpace (SQSP) a mid-year IPO that ran out of the gates before pulling back and now trying to find some stability back around the initial pricing and worth a deeper look. Shares are in a narrow range under $48 and looking to break out of monthly value and make a...
Small-Cap Software Stock Poised to Thrive As Standalone Venture in New Security Environment
Cognyte Software (CGNT) a small-cap software stock setting up well in a bull flag under $28 and name spun out of Verint earlier this year that deserves a deeper look as an independent company. The $1.76B company provides security analytics software to governments and...
IPO Profile: An Emerging Financial Services Software Company
Intapp (INTA) a recent IPO that has trended in an orderly pattern since its debut with shares +34.5% and currently forming a nice bull consolidation below the $40 level. Intapp is a leading provider of industry-specific, cloud-based software solutions for the...
Machine Learning Platform Solution to Boost Ecommerce Merchant Sales & Reduce Fraud/Risk Costs
Riskified (RSKD) a recent IPO that has seen a strong start with shares +28%, a $4.7B company based in Israel that is looking to solve online payment fraud via its machine learning platform dedicated to minimizing online payment risk. RSKD will report results next...