Radware Ltd. $RDWR Shares Purchased by Magnetar Financial LLC

Key Points

• Magnetar Financial LLC increased its holdings in Radware Ltd. by 359.1% in the first quarter, owning approximately $956,000 worth of shares after acquiring an additional 34,572 shares.
• Radware's stock has received mixed ratings, with Barclays increasing its price target from $30.00 to $35.00, while Jefferies Financial Group set a new target of $30.00.
• Radware reported an EPS of $0.28 for the last quarter, surpassing analysts' estimates, with revenue climbing by 10.3% year-over-year to $74.22 million.

Magnetar Financial LLC increased its stake in shares of Radware Ltd. (NASDAQ:RDWR - Free Report) by 359.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,200 shares of the information technology services provider's stock after purchasing an additional 34,572 shares during the quarter. Magnetar Financial LLC owned about 0.10% of Radware worth $956,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Invesco Ltd. boosted its holdings in Radware by 2.4% in the 4th quarter. Invesco Ltd. now owns 36,094 shares of the information technology services provider's stock valued at $813,000 after purchasing an additional 855 shares during the period. Barclays PLC raised its stake in shares of Radware by 179.9% during the fourth quarter. Barclays PLC now owns 44,072 shares of the information technology services provider's stock worth $992,000 after acquiring an additional 28,329 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Radware during the 4th quarter valued at $422,000. Northern Trust Corp increased its stake in shares of Radware by 485.3% in the 4th quarter. Northern Trust Corp now owns 74,469 shares of the information technology services provider's stock worth $1,678,000 after acquiring an additional 61,745 shares in the last quarter. Finally, Algert Global LLC grew its position in Radware by 27.2% during the 4th quarter. Algert Global LLC now owns 24,223 shares of the information technology services provider's stock valued at $546,000 after purchasing an additional 5,180 shares during the last quarter. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Radware Trading Up 0.3%

Shares of RDWR traded up $0.07 during trading hours on Friday, reaching $24.91. 32,159 shares of the company traded hands, compared to its average volume of 205,579. The stock's fifty day moving average price is $26.94 and its 200 day moving average price is $24.41. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 77.81 and a beta of 0.99. Radware Ltd. has a 12-month low of $18.46 and a 12-month high of $31.57.

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 for the quarter, beating the consensus estimate of $0.26 by $0.02. The firm had revenue of $74.22 million during the quarter, compared to the consensus estimate of $73.42 million. Radware had a return on equity of 6.11% and a net margin of 4.90%.The firm's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.20 earnings per share. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, research analysts forecast 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.