Nuveen LLC Invests $4.21 Million 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 stake in Radware Ltd. (NASDAQ:RDWR - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in RDWR. Man Group plc grew its position in Radware by 506.9% during 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 during the period. SG Americas Securities LLC acquired a new position in shares of Radware during the first quarter worth about $2,127,000. Banque Cantonale Vaudoise acquired a new position in shares of Radware during the first quarter worth about $1,858,000. Millennium Management LLC lifted its stake in shares of Radware by 14.0% during the fourth quarter. Millennium Management LLC now owns 613,795 shares of the information technology services provider's stock worth $13,829,000 after purchasing an additional 75,474 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Radware by 9.0% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 793,184 shares of the information technology services provider's stock worth $17,149,000 after purchasing an additional 65,479 shares in the last quarter. Hedge funds and other institutional investors own 73.12% of the company's stock.

Radware Trading Down 2.5%

Radware stock traded down $0.64 during midday trading on Friday, hitting $25.24. The stock had a trading volume of 117,336 shares, compared to its average volume of 173,941. The stock has a market cap of $1.08 billion, a P/E ratio of 78.88 and a beta of 0.97. Radware Ltd. has a 12 month low of $18.46 and a 12 month high of $31.57. The business has a fifty day moving average price of $27.24 and a 200 day moving average price of $24.39.

Radware (NASDAQ:RDWR - Get Free Report) last announced 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 analyst estimates of $73.42 million. Radware had a return on equity of 6.11% and a net margin of 4.90%.Radware's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 earnings per share. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, equities analysts anticipate that Radware Ltd. will post 0.28 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on RDWR. Barclays restated an "overweight" rating and set a $35.00 price objective (up previously from $30.00) on shares of Radware in a research note on Thursday, July 31st. Jefferies Financial Group boosted their price objective on Radware from $25.00 to $30.00 and gave the stock a "hold" rating in a research note on Thursday, July 24th. Finally, Wolfe Research assumed coverage on Radware in a research note on Tuesday, July 8th. They issued an "outperform" rating on the stock. 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, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $32.50.

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.