Nuveen LLC Takes $4.21 Million Position in Radware Ltd. $RDWR

Key Points

• Nuveen LLC made a significant investment in Radware Ltd. by acquiring 194,876 shares valued at approximately $4.21 million, bringing its total ownership to 0.46% of the company.
• Radware reported earnings per share (EPS) of $0.28 for the latest quarter, exceeding analysts' estimates, and demonstrated a 10.3% increase in revenue year-over-year.
• Analysts are generally optimistic about Radware, with the stock receiving a consensus rating of "Moderate Buy" and an average price target of $32.50.

Nuveen LLC acquired a new position in shares of Radware Ltd. (NASDAQ:RDWR - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 194,876 shares of the information technology services provider's stock, valued at approximately $4,213,000. Nuveen LLC owned 0.46% of Radware 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 RDWR. Invesco Ltd. lifted its stake in Radware by 2.4% during the fourth quarter. Invesco Ltd. now owns 36,094 shares of the information technology services provider's stock worth $813,000 after purchasing an additional 855 shares in the last quarter. Geode Capital Management LLC lifted its stake in Radware by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 79,686 shares of the information technology services provider's stock worth $1,795,000 after acquiring an additional 902 shares in the last quarter. Deutsche Bank AG lifted its stake in Radware by 5.6% during the 4th quarter. Deutsche Bank AG now owns 19,689 shares of the information technology services provider's stock worth $444,000 after acquiring an additional 1,040 shares in the last quarter. Two Sigma Securities LLC boosted its holdings in Radware by 16.6% during the 4th quarter. Two Sigma Securities LLC now owns 10,867 shares of the information technology services provider's stock valued at $245,000 after acquiring an additional 1,545 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew 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 in the last quarter. Hedge funds and other institutional investors own 73.12% of the company's stock.

Radware Trading Down 2.5%

NASDAQ:RDWR traded down $0.64 during mid-day trading on Monday, hitting $25.24. The stock had a trading volume of 117,336 shares, compared to its average volume of 169,024. Radware Ltd. has a twelve month low of $18.46 and a twelve month high of $31.57. The stock has a 50-day simple moving average of $27.18 and a two-hundred day simple moving average of $24.40. The company has a market capitalization of $1.08 billion, a PE ratio of 78.88 and a beta of 0.99.

Radware (NASDAQ:RDWR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The information technology services provider reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. Radware had a net margin of 4.90% and a return on equity of 6.11%. The company had revenue of $74.22 million for the quarter, compared to the consensus estimate of $73.42 million. During the same period in the prior year, the firm posted $0.20 EPS. The company's quarterly revenue was up 10.3% compared to the same quarter last year. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. Sell-side analysts predict that Radware Ltd. will post 0.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.