Inspire Investing LLC Purchases Shares of 34,128 Radware Ltd. $RDWR

Key Points

• Inspire Investing LLC acquired 34,128 shares of Radware Ltd. ($RDWR), valued at approximately $738,000, signaling increased institutional interest in the company.
• Radware reported $0.28 earnings per share for the last quarter, surpassing analysts' estimates and showing a revenue increase of 10.3% year-over-year.
• Analysts have mixed ratings on Radware, with an average target price of $32.50, indicating potential for stock price growth despite recent downgrades.

Inspire Investing LLC acquired a new stake in Radware Ltd. (NASDAQ:RDWR - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,128 shares of the information technology services provider's stock, valued at approximately $738,000. Inspire Investing LLC owned 0.08% of Radware at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 period. Connor Clark & Lunn Investment Management Ltd. raised 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 period. Millennium Management LLC raised its position in shares of Radware by 14.0% in the fourth quarter. Millennium Management LLC now owns 613,795 shares of the information technology services provider's stock valued at $13,829,000 after purchasing an additional 75,474 shares during the period. Man Group plc grew its stake in shares of Radware by 506.9% in the fourth quarter. Man Group plc now owns 219,408 shares of the information technology services provider's stock valued at $4,943,000 after acquiring an additional 183,258 shares in the last quarter. Finally, Nuveen LLC acquired a new position in shares of Radware in the first quarter valued at about $4,213,000. 73.12% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on RDWR shares. Wall Street Zen downgraded shares of Radware from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 30th. Wolfe Research started coverage on shares of Radware in a research note on Tuesday, July 8th. They issued an "outperform" rating on the stock. Barclays restated 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. Finally, Jefferies Financial Group upped their price target 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. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Radware has an average rating of "Moderate Buy" and a consensus target price of $32.50.

Radware Price Performance

NASDAQ RDWR traded up $0.92 during trading hours on Thursday, reaching $26.97. The company's stock had a trading volume of 80,257 shares, compared to its average volume of 202,104. Radware Ltd. has a 52 week low of $18.46 and a 52 week high of $31.57. The firm has a fifty day simple moving average of $26.17 and a 200-day simple moving average of $24.58. The stock has a market cap of $1.15 billion, a P/E ratio of 84.31 and a beta of 0.99.

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 (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. The firm had revenue of $74.22 million during the quarter, compared to analyst estimates of $73.42 million. Radware had a net margin of 4.90% and a return on equity of 6.11%. The company's revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 EPS. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, research analysts expect 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.