Marshall Wace LLP Purchases 71,611 Shares of Radware Ltd. (NASDAQ:RDWR)

Marshall Wace LLP lifted its stake in Radware Ltd. (NASDAQ:RDWR - Free Report) by 147.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 120,333 shares of the information technology services provider's stock after acquiring an additional 71,611 shares during the quarter. Marshall Wace LLP owned approximately 0.29% of Radware worth $2,711,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Jump Financial LLC boosted its stake in Radware by 10.3% during the 4th quarter. Jump Financial LLC now owns 18,201 shares of the information technology services provider's stock valued at $410,000 after purchasing an additional 1,701 shares during the period. XTX Topco Ltd boosted its stake in shares of Radware by 34.8% in the 4th quarter. XTX Topco Ltd now owns 12,476 shares of the information technology services provider's stock valued at $281,000 after purchasing an additional 3,224 shares in the last quarter. Barclays PLC increased its holdings in Radware by 179.9% during the 4th quarter. Barclays PLC now owns 44,072 shares of the information technology services provider's stock valued at $992,000 after purchasing an additional 28,329 shares in the last quarter. Cooper Creek Partners Management LLC raised its holdings in shares of Radware by 264.3% in the fourth quarter. Cooper Creek Partners Management LLC now owns 956,764 shares of the information technology services provider's stock valued at $21,556,000 after buying an additional 694,112 shares during the last quarter. Finally, Covestor Ltd bought a new stake in shares of Radware during the fourth quarter valued at approximately $28,000. Institutional investors own 73.12% of the company's stock.

Radware Trading Up 0.7 %

Radware stock traded up $0.17 during mid-day trading on Wednesday, reaching $23.86. The company had a trading volume of 161,297 shares, compared to its average volume of 239,020. Radware Ltd. has a fifty-two week low of $16.53 and a fifty-two week high of $25.00. The company has a market cap of $1.00 billion, a P/E ratio of 170.44 and a beta of 0.98. The business has a fifty day simple moving average of $21.76 and a 200 day simple moving average of $22.41.

Radware (NASDAQ:RDWR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The information technology services provider reported $0.11 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.12). Radware had a net margin of 2.20% and a return on equity of 3.81%. Research analysts forecast that Radware Ltd. will post 0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on RDWR. Jefferies Financial Group reduced their price target on Radware from $26.00 to $24.00 and set a "hold" rating on the stock in a research report on Monday, March 31st. Needham & Company LLC reiterated a "hold" rating on shares of Radware in a research note on Friday, February 14th.

Radware Company 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.