Trexquant Investment LP Raises Stock Holdings in Radware Ltd. (NASDAQ:RDWR)

Trexquant Investment LP raised its position in Radware Ltd. (NASDAQ:RDWR - Free Report) by 19.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,050 shares of the information technology services provider's stock after buying an additional 21,563 shares during the quarter. Trexquant Investment LP owned about 0.32% of Radware worth $2,998,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Verition Fund Management LLC raised its stake in Radware by 3.0% in the 3rd quarter. Verition Fund Management LLC now owns 16,084 shares of the information technology services provider's stock valued at $358,000 after acquiring an additional 468 shares during the period. Geode Capital Management LLC increased its stake in shares of Radware by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 79,686 shares of the information technology services provider's stock worth $1,795,000 after purchasing an additional 902 shares in the last quarter. Inceptionr LLC raised its position in shares of Radware by 8.6% in the fourth quarter. Inceptionr LLC now owns 14,737 shares of the information technology services provider's stock valued at $332,000 after purchasing an additional 1,161 shares during the period. Tidal Investments LLC lifted 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 valued at $591,000 after buying an additional 1,173 shares in the last quarter. Finally, Plato Investment Management Ltd bought a new position in Radware in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 73.12% of the company's stock.

Radware Trading Up 4.7 %

Shares of RDWR stock traded up $0.92 during trading hours on Friday, reaching $20.62. The stock had a trading volume of 191,617 shares, compared to its average volume of 244,706. The stock's fifty day simple moving average is $22.15 and its 200 day simple moving average is $22.46. The firm has a market capitalization of $865.94 million, a PE ratio of 147.30 and a beta of 0.98. Radware Ltd. has a 12 month low of $16.12 and a 12 month high of $25.00.

Radware (NASDAQ:RDWR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The information technology services provider reported $0.11 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.12). Radware had a net margin of 2.20% and a return on equity of 3.81%. As a group, equities research analysts anticipate that Radware Ltd. will post 0.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

RDWR has been the topic of a number of analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Radware in a report on Friday, February 14th. Jefferies Financial Group decreased their price objective on Radware from $26.00 to $24.00 and set a "hold" rating on the stock in a research note on Monday, March 31st.

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.