Pale Fire Capital SE Purchases New Holdings in Rapid7, Inc. $RPD

Pale Fire Capital SE purchased a new position in shares of Rapid7, Inc. (NASDAQ:RPD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 79,249 shares of the technology company’s stock, valued at approximately $437,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Prudential Financial Inc. boosted its position in Rapid7 by 8.8% in the second quarter. Prudential Financial Inc. now owns 8,513 shares of the technology company’s stock worth $197,000 after purchasing an additional 690 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Rapid7 by 81.6% during the 4th quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,364 shares during the last quarter. Y.D. More Investments Ltd increased its position in shares of Rapid7 by 17.5% during the 4th quarter. Y.D. More Investments Ltd now owns 11,307 shares of the technology company’s stock valued at $172,000 after purchasing an additional 1,682 shares during the last quarter. KBC Group NV raised its stake in shares of Rapid7 by 124.0% during the 4th quarter. KBC Group NV now owns 3,310 shares of the technology company’s stock worth $50,000 after purchasing an additional 1,832 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of Rapid7 during the 2nd quarter worth $44,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Rapid7 Stock Performance

Shares of RPD opened at $9.49 on Friday. Rapid7, Inc. has a 1 year low of $4.97 and a 1 year high of $23.02. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.78 and a quick ratio of 0.78. The stock’s fifty day moving average price is $8.60 and its two-hundred day moving average price is $8.25. The firm has a market cap of $634.22 million, a PE ratio of 27.12 and a beta of 1.01.

Rapid7 (NASDAQ:RPD) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.06. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.The company had revenue of $209.69 million during the quarter, compared to the consensus estimate of $207.94 million. During the same quarter in the prior year, the company earned $0.49 EPS. The firm’s quarterly revenue was down .3% compared to the same quarter last year. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. On average, equities research analysts forecast that Rapid7, Inc. will post 0.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on RPD. Mizuho increased their price target on shares of Rapid7 from $8.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Scotiabank lowered their price objective on shares of Rapid7 from $9.00 to $7.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Barclays lowered their price objective on shares of Rapid7 from $8.00 to $6.50 and set an “underweight” rating on the stock in a research report on Thursday, May 7th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $11.00 target price on shares of Rapid7 in a research note on Thursday, July 16th. Finally, Canaccord Genuity Group reduced their target price on shares of Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $9.03.

Rapid7 Company Profile

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.