Yelin Lapidot Holdings Management Ltd. Has $3.05 Million Stock Holdings in Radware Ltd. $RDWR

Yelin Lapidot Holdings Management Ltd. trimmed its holdings in shares of Radware Ltd. (NASDAQ:RDWR) by 23.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,210 shares of the information technology services provider’s stock after selling 34,731 shares during the period. Yelin Lapidot Holdings Management Ltd.’s holdings in Radware were worth $3,052,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. increased its holdings in shares of Radware by 200.9% in the 3rd quarter. Pacer Advisors Inc. now owns 2,341 shares of the information technology services provider’s stock valued at $62,000 after purchasing an additional 1,563 shares during the period. Vident Advisory LLC acquired a new position in Radware in the 2nd quarter valued at approximately $485,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Radware by 36.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 17,618 shares of the information technology services provider’s stock worth $519,000 after buying an additional 4,677 shares in the last quarter. KLP Kapitalforvaltning AS boosted its stake in shares of Radware by 172.7% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 18,000 shares of the information technology services provider’s stock valued at $530,000 after buying an additional 11,400 shares during the period. Finally, Inspire Investing LLC acquired a new stake in shares of Radware during the 1st quarter valued at $738,000. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on RDWR. Wall Street Zen raised shares of Radware from a “hold” rating to a “buy” rating in a research note on Sunday. Jefferies Financial Group set a $25.00 target price on Radware in a research note on Tuesday, December 16th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Radware in a research note on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $30.00.

Radware Stock Performance

RDWR opened at $24.13 on Monday. The firm has a market cap of $1.03 billion, a P/E ratio of 63.50 and a beta of 0.94. The business has a 50 day moving average price of $23.53 and a 200 day moving average price of $25.56. Radware Ltd. has a twelve month low of $18.46 and a twelve month high of $31.57.

Radware Company Profile

Radware Ltd. provides cybersecurity and application delivery solutions designed to ensure the availability, performance and security of mission‐critical applications. Its product portfolio includes on‐premises and cloud‐based offerings such as Alteon application delivery controllers, DefensePro network behavior analysis for DDoS mitigation and AppWall web application firewall. The company’s platforms use real‐time behavioral analysis, machine learning and automation to protect against distributed denial‐of‐service attacks, application layer threats and network intrusions.

Founded in 1997, Radware is co-headquartered in Tel Aviv, Israel, with a principal U.S.