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Top 5 1st Quarter Trades of Lead Edge Capital Management, LLC

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May 16, 2022
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Lead Edge Capital Management, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

96 SPRING STREET NEW YORK, NY 10012

As of the latest 13F report, the guru’s equity portfolio contained 9 stocks valued at a total of $457,000,000. The top holdings were TOST(36.91%), EVBG(11.99%), and YEXT(10.52%).

According to GuruFocus data, these were Lead Edge Capital Management, LLC’s top five trades of the quarter.

Toast Inc


Lead Edge Capital Management, LLC reduced their investment in NYSE:TOST by 5,244,386 shares. The trade had a 24.48% impact on the equity portfolio. During the quarter, the stock traded for an average price of $22.6.

On 05/16/2022, Toast Inc traded for a price of $14.06 per share and a market cap of $7,174,213,000. The stock has returned 0.00% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 1 out of 10.

In terms of valuation, Toast Inc has a price-book ratio of 6.52, a EV-to-Ebitda ratio of -25.04 and a price-sales ratio of 4.61.

Everbridge Inc


The guru established a new position worth 1,254,700 shares in NAS:EVBG, giving the stock a 11.99% weight in the equity portfolio. Shares traded for an average price of $47.33 during the quarter.

On 05/16/2022, Everbridge Inc traded for a price of $38.419 per share and a market cap of $1,538,128,000. The stock has returned -64.38% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 4 out of 10.

In terms of valuation, Everbridge Inc has a price-book ratio of 4.99, a EV-to-Ebitda ratio of -161.69 and a price-sales ratio of 3.89.

The price-to-GF Value ratio is 0.23, earning the stock a GF Value rank of 2.

Yext Inc


The guru established a new position worth 6,974,000 shares in NYSE:YEXT, giving the stock a 10.52% weight in the equity portfolio. Shares traded for an average price of $7.64 during the quarter.

On 05/16/2022, Yext Inc traded for a price of $5.045 per share and a market cap of $659,894,000. The stock has returned -56.49% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 3 out of 10.

In terms of valuation, Yext Inc has a price-book ratio of 3.13, a EV-to-Ebitda ratio of -8.12 and a price-sales ratio of 1.66.

The price-to-GF Value ratio is 0.28, earning the stock a GF Value rank of 2.

Elastic NV


The guru established a new position worth 405,840 shares in NYSE:ESTC, giving the stock a 7.9% weight in the equity portfolio. Shares traded for an average price of $89.34 during the quarter.

On 05/16/2022, Elastic NV traded for a price of $57.99 per share and a market cap of $5,419,331,000. The stock has returned -37.94% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 1 out of 10.

In terms of valuation, Elastic NV has a price-book ratio of 12.53, a EV-to-Ebitda ratio of -36.57 and a price-sales ratio of 6.66.

The price-to-GF Value ratio is 0.32, earning the stock a GF Value rank of 2.

Alibaba Group Holding Ltd


The guru sold out of their 221,830-share investment in NYSE:BABA. Previously, the stock had a 3.94% weight in the equity portfolio. Shares traded for an average price of $115.52 during the quarter.

On 05/16/2022, Alibaba Group Holding Ltd traded for a price of $86.99 per share and a market cap of $234,000,625,000. The stock has returned -57.30% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Alibaba Group Holding Ltd has a price-earnings ratio of 23.30, a price-book ratio of 1.52, a price-earnings-to-growth (PEG) ratio of 1.05, a EV-to-Ebitda ratio of 10.80 and a price-sales ratio of 1.83.

The price-to-GF Value ratio is 0.24, earning the stock a GF Value rank of 2.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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