Radware Ltd. $RDWR Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC cut its stake in shares of Radware Ltd. (NASDAQ:RDWR) by 2.8% in the first quarter, Holdings Channel.com reports. The fund owned 1,650,791 shares of the information technology services provider’s stock after selling 47,626 shares during the period. Acadian Asset Management LLC’s holdings in Radware were worth $35,654,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in RDWR. Northern Trust Corp increased its position in shares of Radware by 485.3% during the fourth quarter. Northern Trust Corp now owns 74,469 shares of the information technology services provider’s stock valued at $1,678,000 after acquiring an additional 61,745 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Radware during the fourth quarter valued at about $227,000. D. E. Shaw & Co. Inc. increased its position in shares of Radware by 19.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 158,574 shares of the information technology services provider’s stock valued at $3,573,000 after acquiring an additional 25,907 shares during the last quarter. Deutsche Bank AG increased its position in shares of Radware by 5.6% during the fourth quarter. Deutsche Bank AG now owns 19,689 shares of the information technology services provider’s stock valued at $444,000 after acquiring an additional 1,040 shares during the last quarter. Finally, Graham Capital Management L.P. acquired a new stake in shares of Radware during the fourth quarter valued at about $236,000. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Radware Stock Performance

Shares of RDWR stock opened at $25.72 on Thursday. Radware Ltd. has a fifty-two week low of $18.46 and a fifty-two week high of $31.57. The company has a 50 day moving average price of $26.63 and a 200 day moving average price of $24.47. The stock has a market capitalization of $1.10 billion, a P/E ratio of 80.38 and a beta of 0.99.

Radware (NASDAQ:RDWR) last issued its quarterly earnings results on Wednesday, July 30th. The information technology services provider reported $0.28 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $73.42 million. During the same quarter in the previous year, the firm earned $0.20 earnings per share. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, research analysts forecast that Radware Ltd. will post 0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on RDWR shares. Barclays reiterated an “overweight” rating and set a $35.00 price target (up 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 issued an “outperform” rating for the company. 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 report on Thursday, July 24th. Finally, Wall Street Zen cut shares of Radware from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 30th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.