Cellebrite DI: I see the 30% drop as a buying opportunity

Cellebrite DI (CLBT, i) was excessively punished on August 13 due to the second-quarter results and the unexpected CEO change, with a temporary drop of over 30%. On one hand, there are longer sales cycles and lower monetization progress with Inseyets product upgrades, and on the other hand, Shiven Ramji has been appointed as the new CEO effective immediately, who seems to be the right person with extensive experience in software companies. The core story remains unchanged. As a specialist in digital forensics, Cellebrite supports 7,000 customers...