GSA Capital Partners LLP Raises Stock Holdings in Radware Ltd. (NASDAQ:RDWR)

GSA Capital Partners LLP grew its stake in Radware Ltd. (NASDAQ:RDWR - Free Report) by 247.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,762 shares of the information technology services provider's stock after buying an additional 81,718 shares during the quarter. GSA Capital Partners LLP owned approximately 0.27% of Radware worth $2,557,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Renaissance Technologies LLC increased its position in Radware by 12.4% in the second quarter. Renaissance Technologies LLC now owns 1,749,823 shares of the information technology services provider's stock worth $31,917,000 after buying an additional 193,689 shares in the last quarter. Acadian Asset Management LLC boosted its stake in shares of Radware by 7.1% in the second 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 period. Rice Hall James & Associates LLC boosted its stake in shares of Radware by 6.4% in the third 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 period. Millennium Management LLC boosted its stake in shares of Radware by 2,346.9% in the second 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 period. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Radware in the second quarter worth about $4,453,000. Hedge funds and other institutional investors own 73.12% of the company's stock.

Radware Price Performance

Shares of NASDAQ:RDWR traded down $0.17 during trading on Tuesday, hitting $22.06. The company had a trading volume of 705,940 shares, compared to its average volume of 289,597. The stock has a market cap of $926.30 million, a price-to-earnings ratio of -367.61 and a beta of 0.97. Radware Ltd. has a one year low of $14.80 and a one year high of $24.34. The company has a fifty day simple moving average of $22.04 and a two-hundred day simple moving average of $20.41.

Analyst Ratings Changes

A number of research firms have recently weighed in on RDWR. StockNews.com raised Radware from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, August 21st. Needham & Company LLC raised Radware to a "hold" rating in a research note on Friday, November 1st. Finally, Barclays increased their price target on Radware from $23.00 to $30.00 and gave the company an "overweight" rating in a research note on Thursday, October 31st.

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.