Radware Ltd. $RDWR Shares Sold by R Squared Ltd

R Squared Ltd cut its holdings in Radware Ltd. (NASDAQ:RDWR) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,759 shares of the information technology services provider’s stock after selling 491 shares during the quarter. R Squared Ltd’s holdings in Radware were worth $346,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Radware by 8.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,718,260 shares of the information technology services provider’s stock valued at $37,154,000 after purchasing an additional 130,699 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Radware by 9.0% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 793,184 shares of the information technology services provider’s stock valued at $17,149,000 after purchasing an additional 65,479 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Radware in the first quarter valued at approximately $4,213,000. New York State Common Retirement Fund grew its position in shares of Radware by 12.2% in the first quarter. New York State Common Retirement Fund now owns 177,085 shares of the information technology services provider’s stock valued at $3,829,000 after purchasing an additional 19,320 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Radware by 20.3% in the first quarter. Robeco Institutional Asset Management B.V. now owns 151,897 shares of the information technology services provider’s stock valued at $3,284,000 after purchasing an additional 25,681 shares during the last quarter. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Radware Stock Up 1.0%

NASDAQ:RDWR opened at $26.50 on Friday. The company has a market cap of $1.13 billion, a P/E ratio of 82.82 and a beta of 0.99. Radware Ltd. has a fifty-two week low of $18.46 and a fifty-two week high of $31.57. The firm’s 50 day moving average is $25.95 and its two-hundred day moving average is $25.46.

Radware (NASDAQ:RDWR) last posted its quarterly earnings results on Wednesday, July 30th. The information technology services provider reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. The company had revenue of $74.22 million for the quarter, compared to the consensus estimate of $73.42 million. Radware had a net margin of 4.90% and a return on equity of 6.11%. Radware’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 earnings per share. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. Research analysts forecast that Radware Ltd. will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Wolfe Research assumed coverage on shares of Radware in a research note on Tuesday, July 8th. They set an “outperform” rating on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Radware in a research note on Wednesday, October 8th. Barclays reissued an “overweight” rating and set a $35.00 price objective (up previously from $30.00) on shares of Radware in a research note on Thursday, July 31st. Jefferies Financial Group upped their price objective on shares of Radware from $25.00 to $30.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. Finally, Wall Street Zen downgraded shares of Radware from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 30th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $32.50.

Radware Company Profile

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.