Acadian Asset Management LLC Decreases Holdings in Radware Ltd. $RDWR

Key Points

• Acadian Asset Management LLC reduced its stake in Radware Ltd. by 2.8%, now holding approximately 1.65 million shares valued at $35.65 million.
• Various institutional investors have fluctuated their positions, with some increasing stakes significantly, such as R Squared Ltd. which boosted its holdings by 342.2% in the first quarter.
• Radware's stock received mixed ratings from analysts; Barclays set a price target of $35.00, while Wall Street Zen downgraded it from "strong-buy" to "buy."

Acadian Asset Management LLC trimmed its stake in shares of Radware Ltd. (NASDAQ:RDWR - Free Report) by 2.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,650,791 shares of the information technology services provider's stock after selling 47,626 shares during the period. Acadian Asset Management LLC owned 3.87% of Radware worth $35,654,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP lifted its holdings in Radware by 257.1% during the first quarter. Quantbot Technologies LP now owns 9,292 shares of the information technology services provider's stock valued at $201,000 after purchasing an additional 6,690 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Radware during the fourth quarter valued at $227,000. Graham Capital Management L.P. purchased a new position in shares of Radware in the fourth quarter worth about $236,000. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of Radware by 126.9% in the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,241 shares of the information technology services provider's stock worth $253,000 after buying an additional 6,287 shares in the last quarter. Finally, R Squared Ltd lifted its stake in shares of Radware by 342.2% in the first quarter. R Squared Ltd now owns 12,250 shares of the information technology services provider's stock worth $265,000 after buying an additional 9,480 shares in the last quarter. 73.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on RDWR shares. Barclays reissued an "overweight" rating and issued a $35.00 price target (up from $30.00) on shares of Radware in a research note on Thursday, July 31st. Wolfe Research started coverage on shares of Radware in a research note on Tuesday, July 8th. They issued an "outperform" rating on the stock. Jefferies Financial Group raised their price target on shares of Radware from $25.00 to $30.00 and gave the stock 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 investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $32.50.

Radware Trading Down 0.2%

Radware stock opened at $25.72 on Thursday. Radware Ltd. has a 12-month low of $18.46 and a 12-month high of $31.57. The stock has a market cap of $1.10 billion, a P/E ratio of 80.38 and a beta of 0.99. The company has a 50-day moving average price of $26.63 and a 200 day moving average price of $24.47.

Radware (NASDAQ:RDWR - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The information technology services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. Radware had a net margin of 4.90% and a return on equity of 6.11%. The firm had revenue of $74.22 million during the quarter, compared to analysts' expectations of $73.42 million. During the same period last year, the business earned $0.20 earnings per share. Radware's revenue was up 10.3% compared to the same quarter last year. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. As a group, analysts forecast that Radware Ltd. will post 0.28 EPS for the current year.

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.

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