Acadian Asset Management LLC Has $35.65 Million Stake 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 holdings in shares of Radware Ltd. (NASDAQ:RDWR - Free Report) by 2.8% in the first quarter, according to its most recent Form 13F filing with the SEC. 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 about 3.87% of Radware worth $35,654,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Quantbot Technologies LP lifted its position in shares of Radware by 257.1% in the 1st quarter. Quantbot Technologies LP now owns 9,292 shares of the information technology services provider's stock valued at $201,000 after acquiring an additional 6,690 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Radware in the 4th quarter valued at approximately $227,000. Graham Capital Management L.P. purchased a new stake in shares of Radware in the 4th quarter valued at approximately $236,000. Point72 Asia Singapore Pte. Ltd. lifted its position in shares of Radware by 126.9% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,241 shares of the information technology services provider's stock valued at $253,000 after acquiring an additional 6,287 shares in the last quarter. Finally, R Squared Ltd lifted its position in shares of Radware by 342.2% in the 1st quarter. R Squared Ltd now owns 12,250 shares of the information technology services provider's stock valued at $265,000 after acquiring an additional 9,480 shares in the last quarter. Hedge funds and other institutional investors own 73.12% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on RDWR shares. Jefferies Financial Group increased their target price on shares of Radware from $25.00 to $30.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Barclays reiterated an "overweight" rating and issued a $35.00 target price (up previously from $30.00) on shares of Radware in a research report on Thursday, July 31st. Wolfe Research started coverage on shares of Radware in a research report on Tuesday, July 8th. They issued an "outperform" rating for the company. Finally, Wall Street Zen downgraded shares of Radware from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 30th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $32.50.

Radware Stock Performance

Shares of Radware stock traded down $0.31 during midday trading on Tuesday, reaching $25.35. 55,829 shares of the company's stock traded hands, compared to its average volume of 202,439. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 79.24 and a beta of 0.99. The company's 50 day simple moving average is $26.36 and its 200 day simple moving average is $24.56. Radware Ltd. has a 52 week low of $18.46 and a 52 week high of $31.57.

Radware (NASDAQ:RDWR - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The information technology services provider reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. The business 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 for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.20 EPS. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. As a group, equities research analysts predict that Radware Ltd. will post 0.28 earnings per share for the current year.

Radware 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.