Indaba Capital Management, L.P. Buys HireRight Holdings Corp, Sprinklr Inc, Blend Labs Inc, Sells Retail Value Inc, Paysafe, Stagwell Inc

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Mar 24, 2022
San Francisco, CA, based Investment company Indaba Capital Management, L.P. (Current Portfolio) buys HireRight Holdings Corp, Sprinklr Inc, Blend Labs Inc, First Advantage Corp, ON24 Inc, sells Retail Value Inc, Paysafe, Stagwell Inc, Agilon Health Inc, Datto Holding Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Indaba Capital Management, L.P.. As of 2021Q4, Indaba Capital Management, L.P. owns 40 stocks with a total value of $684 million. These are the details of the buys and sells.

For the details of Indaba Capital Management, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/indaba+capital+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Indaba Capital Management, L.P.
  1. ironSource Ltd (IS) - 9,248,263 shares, 10.46% of the total portfolio.
  2. Snap One Holdings Corp (SNPO) - 3,069,000 shares, 9.45% of the total portfolio. Shares added by 2.30%
  3. ON24 Inc (ONTF) - 3,500,000 shares, 8.87% of the total portfolio. Shares added by 47.45%
  4. HireRight Holdings Corp (HRT) - 3,096,533 shares, 7.24% of the total portfolio. New Position
  5. McAfee Corp (MCFE) - 1,774,550 shares, 6.69% of the total portfolio. Shares added by 7.55%
New Purchase: HireRight Holdings Corp (HRT)

Indaba Capital Management, L.P. initiated holding in HireRight Holdings Corp. The purchase prices were between $13.46 and $19.1, with an estimated average price of $16.72. The stock is now traded at around $16.090000. The impact to a portfolio due to this purchase was 7.24%. The holding were 3,096,533 shares as of 2021-12-31.

New Purchase: Sprinklr Inc (CXM)

Indaba Capital Management, L.P. initiated holding in Sprinklr Inc. The purchase prices were between $12.47 and $20.01, with an estimated average price of $16.3. The stock is now traded at around $11.655000. The impact to a portfolio due to this purchase was 4.74%. The holding were 2,044,172 shares as of 2021-12-31.

New Purchase: First Advantage Corp (FA)

Indaba Capital Management, L.P. initiated holding in First Advantage Corp. The purchase prices were between $16.62 and $23, with an estimated average price of $19.22. The stock is now traded at around $19.130000. The impact to a portfolio due to this purchase was 3.48%. The holding were 1,250,000 shares as of 2021-12-31.

New Purchase: Dave & Buster's Entertainment Inc (PLAY)

Indaba Capital Management, L.P. initiated holding in Dave & Buster's Entertainment Inc. The purchase prices were between $30.14 and $41.14, with an estimated average price of $37.04. The stock is now traded at around $44.250000. The impact to a portfolio due to this purchase was 1.95%. The holding were 347,000 shares as of 2021-12-31.

New Purchase: Portman Ridge Finance Corp (PTMN)

Indaba Capital Management, L.P. initiated holding in Portman Ridge Finance Corp. The purchase prices were between $24 and $25.66, with an estimated average price of $24.52. The stock is now traded at around $23.560000. The impact to a portfolio due to this purchase was 0.23%. The holding were 63,403 shares as of 2021-12-31.

Added: Blend Labs Inc (BLND)

Indaba Capital Management, L.P. added to a holding in Blend Labs Inc by 188.90%. The purchase prices were between $7.25 and $15.67, with an estimated average price of $11.49. The stock is now traded at around $6.150000. The impact to a portfolio due to this purchase was 4.26%. The holding were 6,075,000 shares as of 2021-12-31.

Added: ON24 Inc (ONTF)

Indaba Capital Management, L.P. added to a holding in ON24 Inc by 47.45%. The purchase prices were between $15.2 and $20.62, with an estimated average price of $17.78. The stock is now traded at around $14.120000. The impact to a portfolio due to this purchase was 2.85%. The holding were 3,500,000 shares as of 2021-12-31.

Sold Out: Retail Value Inc (RVI)

Indaba Capital Management, L.P. sold out a holding in Retail Value Inc. The sale prices were between $5.8 and $27.91, with an estimated average price of $12.32.

Sold Out: Paysafe Ltd (PSFE)

Indaba Capital Management, L.P. sold out a holding in Paysafe Ltd. The sale prices were between $3.38 and $8.27, with an estimated average price of $5.49.

Sold Out: Agilon Health Inc (AGL)

Indaba Capital Management, L.P. sold out a holding in Agilon Health Inc. The sale prices were between $21.43 and $27.39, with an estimated average price of $24.33.

Sold Out: Datto Holding Corp (MSP)

Indaba Capital Management, L.P. sold out a holding in Datto Holding Corp. The sale prices were between $22.02 and $26.98, with an estimated average price of $24.34.

Sold Out: Offerpad Solutions Inc (OPAD)

Indaba Capital Management, L.P. sold out a holding in Offerpad Solutions Inc. The sale prices were between $6.4 and $8.63, with an estimated average price of $7.62.

Sold Out: BlackSky Technology Inc (BKSY)

Indaba Capital Management, L.P. sold out a holding in BlackSky Technology Inc. The sale prices were between $4.49 and $10.56, with an estimated average price of $8.46.

Reduced: Stagwell Inc (STGW)

Indaba Capital Management, L.P. reduced to a holding in Stagwell Inc by 47.51%. The sale prices were between $7.53 and $10.61, with an estimated average price of $8.61. The stock is now traded at around $7.610000. The impact to a portfolio due to this sale was -3.33%. Indaba Capital Management, L.P. still held 3,730,201 shares as of 2021-12-31.



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