MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $37.15 Million Stock Holdings in Radware Ltd. $RDWR

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Radware Ltd. by 8.2% during the first quarter, now holding approximately 4.03% of the company valued at $37.15 million.
• Institutional ownership in Radware is substantial, with 73.12% of shares currently held by institutional investors and hedge funds.
• Radware's latest quarterly earnings exceeded expectations, reporting $0.28 EPS against a consensus estimate of $0.26 EPS, along with a 10.3% increase in revenue year-over-year.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Radware Ltd. (NASDAQ:RDWR - Free Report) by 8.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,718,260 shares of the information technology services provider's stock after buying an additional 130,699 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 4.03% of Radware worth $37,154,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its position in Radware by 18.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,941 shares of the information technology services provider's stock valued at $416,000 after acquiring an additional 2,960 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Radware by 34.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 83,660 shares of the information technology services provider's stock valued at $1,885,000 after acquiring an additional 21,252 shares during the period. ARK Investment Management LLC increased its position in Radware by 13.5% in the 1st quarter. ARK Investment Management LLC now owns 89,327 shares of the information technology services provider's stock valued at $1,931,000 after acquiring an additional 10,594 shares during the period. SG Americas Securities LLC acquired a new position in shares of Radware in the 1st quarter worth approximately $2,127,000. Finally, Nuveen LLC acquired a new position in shares of Radware in the 1st quarter worth approximately $4,213,000. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RDWR. Wall Street Zen downgraded shares of Radware from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 30th. Wolfe Research assumed coverage on shares of Radware in a research report on Tuesday, July 8th. They issued an "outperform" rating on the stock. Jefferies Financial Group lifted their price objective 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. Finally, Barclays reiterated an "overweight" rating and issued a $35.00 price objective (up previously from $30.00) on shares of Radware in a research note on Thursday, July 31st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Radware currently has an average rating of "Moderate Buy" and an average target price of $32.50.

Radware Trading Up 0.7%

Shares of Radware stock opened at $25.01 on Friday. The stock has a fifty day simple moving average of $26.86 and a 200 day simple moving average of $24.43. Radware Ltd. has a 12-month low of $18.46 and a 12-month high of $31.57. The company has a market capitalization of $1.07 billion, a P/E ratio of 78.16 and a beta of 0.99.

Radware (NASDAQ:RDWR - Get Free Report) last announced 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 business 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%.Radware's revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.20 earnings per share. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, analysts predict that Radware Ltd. will post 0.28 EPS for the current year.

About Radware

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.

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