Ellsworth Advisors LLC acquired a new position in Radware Ltd. (NASDAQ:RDWR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,052 shares of the information technology services provider's stock, valued at approximately $632,000. Ellsworth Advisors LLC owned approximately 0.07% of Radware at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in RDWR. Verition Fund Management LLC boosted its stake in shares of Radware by 3.0% during the 3rd quarter. Verition Fund Management LLC now owns 16,084 shares of the information technology services provider's stock worth $358,000 after purchasing an additional 468 shares during the period. Tidal Investments LLC raised its stake in shares of Radware by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 26,541 shares of the information technology services provider's stock worth $591,000 after acquiring an additional 1,173 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of Radware in the 3rd quarter worth $51,000. Algert Global LLC increased its holdings in shares of Radware by 15.9% during the third quarter. Algert Global LLC now owns 19,043 shares of the information technology services provider's stock valued at $424,000 after acquiring an additional 2,610 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in shares of Radware by 78.8% during the third quarter. Point72 Asset Management L.P. now owns 11,800 shares of the information technology services provider's stock worth $263,000 after buying an additional 5,200 shares during the period. 73.12% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
RDWR has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Radware in a research note on Friday. Barclays upped their price objective on Radware from $23.00 to $30.00 and gave the company an "overweight" rating in a report on Thursday, October 31st.
Read Our Latest Report on Radware
Radware Stock Up 1.2 %
NASDAQ:RDWR traded up $0.26 on Tuesday, reaching $22.09. 13,934 shares of the company's stock were exchanged, compared to its average volume of 118,955. The firm has a market capitalization of $927.56 million, a price-to-earnings ratio of -366.86 and a beta of 0.97. Radware Ltd. has a 52-week low of $16.12 and a 52-week high of $24.76. The business has a fifty day moving average of $22.81 and a 200-day moving average of $21.83.
Radware Company Profile
(
Free Report)
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.
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