1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership boosted its holdings in Radware Ltd. (NASDAQ:RDWR – Free Report) by 6.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 438,003 shares of the information technology services provider’s stock after purchasing an additional 27,804 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 1.04% of Radware worth $9,868,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Radware by 23.
8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 727,705 shares of the information technology services provider’s stock worth $16,395,000 after acquiring an additional 140,135 shares during the last quarter.
Robeco Institutional Asset Management B.V. boosted its holdings in shares of Radware by 127.
4% during the 4th quarter. Robeco Institutional Asset Management B.V.
now owns 126,216 shares of the information technology services provider’s stock valued at $2,844,000 after purchasing an additional 70,703 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Radware during the 3rd quarter valued at about $1,117,000. JPMorgan Chase & Co.
grew its position in shares of Radware by 14.9% during the third quarter. JPMorgan Chase & Co.
now owns 328,979 shares of the information technology services provider’s stock valued at $7,330,000 after purchasing an additional 42,617 shares in the last quarter. Finally, Ellsworth Advisors LLC bought a new stake in shares of Radware in the fourth quarter worth about $632,000. 73.
12% of the stock is owned by hedge funds and other institutional investors. Radware Trading Down 5.9 %Shares of NASDAQ:RDWR opened at $19.
76 on Monday. The company has a market cap of $829.82 million, a price-to-earnings ratio of 141.
15 and a beta of 0.97. Radware Ltd.
has a 12 month low of $16.12 and a 12 month high of $25.00.
The company has a 50-day moving average price of $22.45 and a 200 day moving average price of $22.55.
Radware (NASDAQ:RDWR – Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The information technology services provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.
23 by ($0.12). Radware had a net margin of 2.
20% and a return on equity of 3.81%. As a group, equities analysts forecast that Radware Ltd.
will post 0.28 EPS for the current year. Analyst Ratings ChangesSeveral research firms have weighed in on RDWR.
Jefferies Financial Group cut their price target on Radware from $26.00 to $24.00 and set a “hold” rating for the company in a report on Monday, March 31st.
Needham & Company LLC reissued a “hold” rating on shares of Radware in a report on Friday, February 14th.Get Our Latest Stock Report on RDWRRadware Profile (Free Report)Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers worldwide.
The company operates in two segments, Radware’s Core Business and The Hawks’ Business. It offers DefensePro provides automated DDoS protection; Radware Kubernetes, a web application firewall solution; and Cyber Controller, a unified solution for management, configuration, and attack lifecycle.Further ReadingFive stocks we like better than RadwareHow to Profit From Growth Investing Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Which Wall Street Analysts are the Most Accurate?Disney 2025 Shareholders: Major Updates for InvestorsUptrend Stocks Explained: Learn How to Trade Using UptrendsAdvance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding RDWR? Visit HoldingsChannel.
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