JANA Partners Management LP Has $121.92 Million Stock Position in Rapid7, Inc. $RPD

Key Points

• JANA Partners increased its stake in Rapid7 by 13.5% to 6,502,108 shares, representing a 9.93% ownership and a ~$121.9 million position, making RPD its seventh-largest holding.
• Analyst sentiment is cautious—most firms rate RPD as Hold/Reduce after recent price-target cuts, with an average target of $12.53.
• Rapid7 slightly beat quarterly estimates (EPS $0.44 vs. $0.40; revenue $217.4M) and issued FY2026 guidance of EPS $1.50–$1.60, but the stock trades near its 52-week low with a market cap of about $449M.

JANA Partners Management LP boosted its stake in Rapid7, Inc. (NASDAQ:RPD - Free Report) by 13.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,502,108 shares of the technology company's stock after buying an additional 772,194 shares during the quarter. Rapid7 makes up about 5.9% of JANA Partners Management LP's investment portfolio, making the stock its 7th largest position. JANA Partners Management LP owned 9.93% of Rapid7 worth $121,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of RPD. CI Investments Inc. lifted its holdings in shares of Rapid7 by 48.4% during the third quarter. CI Investments Inc. now owns 2,281 shares of the technology company's stock valued at $43,000 after acquiring an additional 744 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Rapid7 in the 3rd quarter valued at $44,000. Headlands Technologies LLC bought a new stake in shares of Rapid7 in the 2nd quarter worth about $44,000. State of Alaska Department of Revenue acquired a new stake in shares of Rapid7 during the 3rd quarter worth about $53,000. Finally, New York State Teachers Retirement System increased its position in shares of Rapid7 by 431.4% during the 3rd quarter. New York State Teachers Retirement System now owns 5,808 shares of the technology company's stock worth $109,000 after purchasing an additional 4,715 shares in the last quarter. 95.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Jefferies Financial Group set a $9.00 price target on shares of Rapid7 in a report on Wednesday, February 11th. Zacks Research lowered shares of Rapid7 from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 27th. Stephens cut their target price on shares of Rapid7 from $19.00 to $12.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 11th. Scotiabank reduced their target price on Rapid7 from $18.00 to $9.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 11th. Finally, Wall Street Zen lowered Rapid7 from a "buy" rating to a "hold" rating in a research report on Sunday, January 11th. Two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Rapid7 has an average rating of "Reduce" and an average target price of $12.53.

Rapid7 Trading Down 1.7%

RPD opened at $6.82 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 5.77. The stock has a market capitalization of $449.37 million, a PE ratio of 18.94 and a beta of 0.89. Rapid7, Inc. has a 1-year low of $5.92 and a 1-year high of $30.95. The firm has a 50-day moving average price of $9.90 and a two-hundred day moving average price of $14.70.

Rapid7 (NASDAQ:RPD - Get Free Report) last announced its earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. Rapid7 had a net margin of 2.72% and a return on equity of 47.33%. The company had revenue of $217.39 million for the quarter, compared to analyst estimates of $215.17 million. During the same period in the prior year, the business earned $0.48 earnings per share. Rapid7's quarterly revenue was up .5% on a year-over-year basis. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. As a group, equities analysts anticipate that Rapid7, Inc. will post 0.35 earnings per share for the current fiscal year.

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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