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

Marshall Wace LLP grew its holdings in Radware Ltd. (NASDAQ:RDWR - Free Report) by 147.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm 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 0.29% of Radware worth $2,711,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of RDWR. Barclays PLC boosted its holdings in Radware by 137.4% in the 3rd quarter. Barclays PLC now owns 15,743 shares of the information technology services provider's stock valued at $350,000 after purchasing an additional 9,112 shares during the period. JPMorgan Chase & Co. grew its position in Radware by 14.9% during the third quarter. JPMorgan Chase & Co. now owns 328,979 shares of the information technology services provider's stock worth $7,330,000 after buying an additional 42,617 shares in the last quarter. Ellsworth Advisors LLC bought a new position in Radware during the fourth quarter valued at about $632,000. Robeco Institutional Asset Management B.V. raised its holdings in Radware by 127.4% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 126,216 shares of the information technology services provider's stock valued at $2,844,000 after acquiring an additional 70,703 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Radware by 6.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 438,003 shares of the information technology services provider's stock worth $9,868,000 after acquiring an additional 27,804 shares during the period. Institutional investors and hedge funds own 73.12% of the company's stock.

Radware Stock Performance

RDWR traded up $0.20 during trading hours on Friday, reaching $23.66. The company's stock had a trading volume of 31,936 shares, compared to its average volume of 237,984. The firm has a market cap of $993.73 million, a PE ratio of 169.03 and a beta of 0.98. The company's 50-day moving average is $21.79 and its 200-day moving average is $22.42. Radware Ltd. has a 52 week low of $16.55 and a 52 week high of $25.00.

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

Analyst Ratings Changes

RDWR has been the subject of a number of recent research reports. Needham & Company LLC restated a "hold" rating on shares of Radware in a research note on Friday, February 14th. Jefferies Financial Group reduced their price objective on shares of Radware from $26.00 to $24.00 and set a "hold" rating for the company in a report on Monday, March 31st.

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.