Radware Ltd. (NASDAQ:RDWR) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its stake in Radware Ltd. (NASDAQ:RDWR) by 247.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 114,762 shares of the information technology services provider’s stock after purchasing an additional 81,718 shares during the quarter. GSA Capital Partners LLP’s holdings in Radware were worth $2,557,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in shares of Radware by 12.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,749,823 shares of the information technology services provider’s stock worth $31,917,000 after acquiring an additional 193,689 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Radware by 7.1% in the 2nd quarter. Acadian Asset Management LLC now owns 1,732,954 shares of the information technology services provider’s stock worth $31,577,000 after acquiring an additional 115,089 shares during the last quarter. Rice Hall James & Associates LLC lifted its holdings in shares of Radware by 6.4% in the 3rd quarter. Rice Hall James & Associates LLC now owns 931,651 shares of the information technology services provider’s stock worth $20,757,000 after acquiring an additional 56,116 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Radware by 2,346.9% in the 2nd quarter. Millennium Management LLC now owns 380,689 shares of the information technology services provider’s stock worth $6,944,000 after acquiring an additional 365,131 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Radware in the 2nd quarter worth approximately $4,453,000. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. StockNews.com upgraded shares of Radware from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 21st. Needham & Company LLC raised shares of Radware to a “hold” rating in a research report on Friday, November 1st. Finally, Barclays raised their price objective on shares of Radware from $23.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st.

Radware Trading Up 2.0 %

NASDAQ:RDWR opened at $22.23 on Tuesday. The firm has a 50-day moving average price of $22.03 and a two-hundred day moving average price of $20.37. Radware Ltd. has a twelve month low of $14.80 and a twelve month high of $24.34. The company has a market capitalization of $933.44 million, a P/E ratio of -370.44 and a beta of 0.97.

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.