FPS
LONGINSIDER SELLFORGENT POWER SOLUTIONS INC
Research: Finviz ↗·Perplexity ↗
🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.
News Summary
PositiveForgent delivered exceptional Q3 results with 103% revenue growth, record $867M bookings, and a $1.98B backlog, prompting raised full-year FY2026 guidance projecting ~82% revenue growth and ~128% adjusted net income growth. The company successfully raised $1.3B in capital via secondary offerings and refinanced debt at lower rates, positioning itself with ~$800M net cash to fund aggressive capacity expansion across ten manufacturing campuses.
Red flags
- •Margin pressure from startup costs at new facilities and aggressive headcount growth, though management expects improvement as revenue absorption increases
- •Weiss Ratings downgrade to 'sell' on July 28, 2026 (sole negative outlier among predominantly bullish analyst consensus)
- •Dependent on sustaining high booking conversion rates and maintaining market share momentum to justify 2.3x book-to-bill ratio and $1.98B backlog execution
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Point72 | Steve Cohen | 1.6M | +1.6M | $46M | <0.1% | — | NEW |
| Viking Global | Andreas Halvorsen | 650K | +650K | $19M | <0.1% | — | NEW |
| Soros Fund Management | Soros Family Office | 102K | +102K | $3M | <0.1% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Neos Partners, LP | — | SELL | 43.6M | — | — | 2026-07-06 | ↗ |
| Neos Partners, LP | — | SELL | 43.6M | — | — | 2026-07-06 | ↗ |
| Neos Partners, LP | — | SELL | 43.6M | — | — | 2026-07-06 | ↗ |
| Neos Partners, LP | — | SELL | 48.6M | — | — | 2026-06-01 | ↗ |
| Neos Partners, LP | — | SELL | 48.6M | — | — | 2026-06-01 | ↗ |
| Neos Partners, LP | — | SELL | 48.6M | — | — | 2026-06-01 | ↗ |
| Neos Partners, LP | — | SELL | 34.5M | — | — | 2026-03-30 | ↗ |
| Neos Partners, LP | — | SELL | 34.5M | — | — | 2026-03-30 | ↗ |
| Neos Partners, LP | — | SELL | 34.5M | — | — | 2026-03-30 | ↗ |
Fund 13D/13G Filings (1)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).
| Fund | Form | ∆ Shares | % of Class | Since Filing | Filed | Src |
|---|---|---|---|---|---|---|
| Coatue Management | SC 13G | NEW | 7.5% | -1.8% vs SPY -1.7% abs | 2026-08-14 | ↗ |