Robeco Institutional Asset Management B.V. Buys 70,703 Shares of Radware Ltd. (NASDAQ:RDWR)

Robeco Institutional Asset Management B.V. increased its stake in Radware Ltd. (NASDAQ:RDWR - Free Report) by 127.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 126,216 shares of the information technology services provider's stock after purchasing an additional 70,703 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.30% of Radware worth $2,844,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. GSA Capital Partners LLP increased its holdings in shares of Radware by 247.3% in the 3rd quarter. GSA Capital Partners LLP now owns 114,762 shares of the information technology services provider's stock worth $2,557,000 after buying an additional 81,718 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Radware by 159.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 587,570 shares of the information technology services provider's stock worth $13,091,000 after acquiring an additional 360,710 shares in the last quarter. Barclays PLC increased its stake in Radware by 137.4% in the third quarter. Barclays PLC now owns 15,743 shares of the information technology services provider's stock valued at $350,000 after acquiring an additional 9,112 shares during the last quarter. State Street Corp raised its position in Radware by 4.2% during the third quarter. State Street Corp now owns 586,660 shares of the information technology services provider's stock valued at $13,071,000 after purchasing an additional 23,725 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Radware by 14.9% during the third quarter. JPMorgan Chase & Co. now owns 328,979 shares of the information technology services provider's stock worth $7,330,000 after purchasing an additional 42,617 shares during the last quarter. 73.12% of the stock is owned by hedge funds and other institutional investors.

Radware Trading Up 0.2 %

Shares of NASDAQ:RDWR traded up $0.04 on Thursday, reaching $22.94. 146,162 shares of the company traded hands, compared to its average volume of 115,990. The stock has a market capitalization of $963.37 million, a P/E ratio of -382.27 and a beta of 0.96. The business's 50-day simple moving average is $22.53 and its 200 day simple moving average is $22.13. Radware Ltd. has a 52 week low of $16.12 and a 52 week high of $24.76.

Analyst Ratings Changes

A number of brokerages recently weighed in on RDWR. Barclays raised 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. Needham & Company LLC restated a "hold" rating on shares of Radware in a report on Friday, January 17th.

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.