Get Premium to unlock powerful stock data

Contour Asset Management LLC Buys 2, Sells 3 in 1st Quarter

Author's Avatar
insider
May 18, 2022
Article's Main Image

Contour Asset 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.

99 PARK AVENUE NEW YORK, NY 10016

As of the latest 13F report, the guru’s equity portfolio contained 31 stocks valued at a total of $2,464,000,000. The top holdings were NWSA(6.49%), NEWR(6.14%), and OUT(6.03%).

According to GuruFocus data, these were Contour Asset Management LLC’s top five trades of the quarter.

Workday Inc


Contour Asset Management LLC reduced their investment in NAS:WDAY by 463,744 shares. The trade had a 4.55% impact on the equity portfolio. During the quarter, the stock traded for an average price of $238.19.

On 05/18/2022, Workday Inc traded for a price of $173.34 per share and a market cap of $43,968,106,000. The stock has returned -23.04% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 4 out of 10.

In terms of valuation, Workday Inc has a price-earnings ratio of 1776.64, a price-book ratio of 9.84, a EV-to-Ebitda ratio of 115.54 and a price-sales ratio of 8.76.

The price-to-GF Value ratio is 0.63, earning the stock a GF Value rank of 8.

News Corp


Contour Asset Management LLC reduced their investment in NAS:NWSA by 4,936,750 shares. The trade had a 3.96% impact on the equity portfolio. During the quarter, the stock traded for an average price of $22.13.

On 05/18/2022, News Corp traded for a price of $18.26 per share and a market cap of $10,740,591,000. The stock has returned -33.22% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, News Corp has a price-earnings ratio of 20.94, a price-book ratio of 1.25, a EV-to-Ebitda ratio of 8.43 and a price-sales ratio of 1.05.

The price-to-GF Value ratio is 1.03, earning the stock a GF Value rank of 5.

Booking Holdings Inc


The guru established a new position worth 41,366 shares in NAS:BKNG, giving the stock a 3.94% weight in the equity portfolio. Shares traded for an average price of $2342.2 during the quarter.

On 05/18/2022, Booking Holdings Inc traded for a price of $2146.59 per share and a market cap of $87,201,476,000. The stock has returned -10.36% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, Booking Holdings Inc has a price-earnings ratio of 173.66, a price-book ratio of 20.01, a EV-to-Ebitda ratio of 48.52 and a price-sales ratio of 7.07.

The price-to-GF Value ratio is 0.90, earning the stock a GF Value rank of 7.

NCR Corp


The guru sold out of their 2,460,071-share investment in NYSE:NCR. Previously, the stock had a 3.56% weight in the equity portfolio. Shares traded for an average price of $40.12 during the quarter.

On 05/18/2022, NCR Corp traded for a price of $35.36 per share and a market cap of $4,830,176,000. The stock has returned -30.70% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.

In terms of valuation, NCR Corp has a price-earnings ratio of 321.44, a price-book ratio of 3.64, a EV-to-Ebitda ratio of 10.24 and a price-sales ratio of 0.66.

The price-to-GF Value ratio is 0.96, earning the stock a GF Value rank of 6.

Smartsheet Inc


The guru established a new position worth 1,386,813 shares in NYSE:SMAR, giving the stock a 3.08% weight in the equity portfolio. Shares traded for an average price of $57.17 during the quarter.

On 05/18/2022, Smartsheet Inc traded for a price of $37.28 per share and a market cap of $4,803,392,000. The stock has returned -30.17% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 2 out of 10.

In terms of valuation, Smartsheet Inc has a price-book ratio of 9.64, a EV-to-Ebitda ratio of -30.55 and a price-sales ratio of 8.69.

The price-to-GF Value ratio is 0.38, 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.

Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!

This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.

Rating:
0 / 5 (0 votes)
Author's Avatar
WRITTEN BY

GuruFocus Screeners

Related Articles