Deutsche Bank AG Invests $1.75 Million in Rapid7, Inc. $RPD

Key Points

• Deutsche Bank acquired 216,164 Rapid7 shares worth approximately $1.75 million in the second quarter, giving it a 0.32% stake. Institutional investors collectively own 95.66% of the company.
• Rapid7 reported quarterly EPS of $0.44, exceeding the $0.35 consensus estimate, while revenue of $210.88 million also topped expectations but declined 1.5% year over year.
• Analysts remain cautious: Rapid7 has a consensus “Reduce” rating and an average price target of $11.98, below the cited share price of $13.29.

Deutsche Bank AG acquired a new position in shares of Rapid7, Inc. (NASDAQ:RPD - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 216,164 shares of the technology company's stock, valued at approximately $1,751,000. Deutsche Bank AG owned 0.32% of Rapid7 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RPD. Vanguard Group Inc. raised its holdings in shares of Rapid7 by 7.6% in the 4th quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company's stock valued at $140,961,000 after buying an additional 653,498 shares during the period. First Trust Advisors LP boosted its holdings in Rapid7 by 48.3% during the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company's stock valued at $35,356,000 after acquiring an additional 758,009 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Rapid7 by 1.6% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company's stock valued at $40,716,000 after acquiring an additional 34,438 shares during the period. Geode Capital Management LLC boosted its holdings in Rapid7 by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company's stock valued at $22,236,000 after acquiring an additional 78,448 shares during the period. Finally, Marshall Wace LLP grew its position in Rapid7 by 23.3% in the 4th quarter. Marshall Wace LLP now owns 1,404,686 shares of the technology company's stock valued at $21,351,000 after acquiring an additional 265,413 shares in the last quarter. Hedge funds and other institutional investors own 95.66% of the company's stock.

Rapid7 Stock Down 1.6%

Rapid7 stock opened at $13.29 on Friday. The stock has a market cap of $895.75 million, a PE ratio of 42.87 and a beta of 0.97. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.80 and a quick ratio of 0.80. The stock's fifty day moving average is $10.73 and its two-hundred day moving average is $8.05. Rapid7, Inc. has a 1-year low of $4.97 and a 1-year high of $21.26.

Rapid7 (NASDAQ:RPD - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.09. Rapid7 had a return on equity of 27.89% and a net margin of 2.35%.The business had revenue of $210.88 million during the quarter, compared to analysts' expectations of $208.23 million. During the same period in the prior year, the firm posted $0.58 EPS. The business's quarterly revenue was down 1.5% compared to the same quarter last year. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. On average, sell-side analysts expect that Rapid7, Inc. will post 0.74 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on RPD. UBS Group increased their price target on shares of Rapid7 from $7.00 to $12.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 11th. Truist Financial lifted their price objective on shares of Rapid7 from $6.00 to $10.00 and gave the company a "hold" rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. upped their target price on shares of Rapid7 from $7.00 to $12.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 11th. Robert W. Baird increased their target price on shares of Rapid7 from $8.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. Finally, Wall Street Zen raised shares of Rapid7 from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. One analyst has rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of $11.98.

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.

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