Technology

Report by Veritas Investment Research

Last October the SEC charged SolarWinds and its chief information security officer with fraud. This report looks at other companies in the cybersecurity industry that may have similar risks to an SEC investigation. Based on Veritas' Freedom of Information Act work, they received confirmations from the SEC pertaining to 15 publicly-listed cybersecurity stocks. Out of the 15 issuers confirmed, 2 attracted SEC scrutiny. Stocks mentioned: Palo Alto, CrowdStrike, Fortinet, Zscaler, Cloudflare, Check Point, Okta, Gen Digital, CyberArk, SentinelOne, Qualys, Tenable, Varonis, Rapid7 and SecureWorks.

Technology

Report by Paragon Intel

New CEO Sudhakar Ramakrishna uniquely suited for the task of rebuilding the firm’s reputation - Paragon highlight his experience taking on operationally challenging roles and crisis management. Sudhakar will improve customer retention levels, increase subscription sales, and acquire companies to infuse more AI/ML and security throughout the portfolio. Earnings to grow 23-29% from 2021-23, well ahead of consensus estimates.