785,000 Shares in Rapid7, Inc. $RPD Bought by LSV Asset Management

LSV Asset Management bought a new stake in shares of Rapid7, Inc. (NASDAQ:RPD) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 785,000 shares of the technology company’s stock, valued at approximately $14,719,000. LSV Asset Management owned 1.21% of Rapid7 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RPD. Tempus Wealth Planning LLC raised its stake in shares of Rapid7 by 20.4% during the 3rd quarter. Tempus Wealth Planning LLC now owns 26,825 shares of the technology company’s stock valued at $503,000 after buying an additional 4,545 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in Rapid7 by 1.9% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 232,344 shares of the technology company’s stock worth $4,356,000 after acquiring an additional 4,252 shares during the period. State of Wyoming grew its holdings in Rapid7 by 57.7% during the third quarter. State of Wyoming now owns 22,609 shares of the technology company’s stock worth $424,000 after acquiring an additional 8,270 shares during the period. Principal Financial Group Inc. raised its position in Rapid7 by 48.1% during the third quarter. Principal Financial Group Inc. now owns 89,900 shares of the technology company’s stock valued at $1,686,000 after acquiring an additional 29,206 shares in the last quarter. Finally, AlphaQuest LLC lifted its holdings in Rapid7 by 11,007.6% in the third quarter. AlphaQuest LLC now owns 21,993 shares of the technology company’s stock valued at $412,000 after acquiring an additional 21,795 shares during the period. 95.66% of the stock is owned by institutional investors and hedge funds.

Rapid7 Stock Performance

NASDAQ:RPD opened at $7.18 on Friday. The company has a debt-to-equity ratio of 7.01, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $470.15 million, a PE ratio of 19.94 and a beta of 0.79. Rapid7, Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $35.93. The company has a fifty day moving average of $13.47 and a two-hundred day moving average of $16.66.

Rapid7 (NASDAQ:RPD) last announced its earnings results on Tuesday, February 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. Rapid7 had a net margin of 2.72% and a return on equity of 55.81%. The business had revenue of $217.39 million for the quarter, compared to analyst estimates of $215.17 million. During the same quarter last year, the business earned $0.48 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year. Rapid7 has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.290-0.320 EPS. As a group, research analysts forecast that Rapid7, Inc. will post 0.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on RPD shares. Susquehanna set a $8.00 price objective on shares of Rapid7 in a research note on Thursday. Zacks Research downgraded shares of Rapid7 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th. Truist Financial dropped their price target on shares of Rapid7 from $14.00 to $8.00 and set a “hold” rating on the stock in a research report on Wednesday. Barclays decreased their price objective on shares of Rapid7 from $15.00 to $8.00 and set an “underweight” rating for the company in a research report on Thursday. Finally, Piper Sandler lowered their target price on shares of Rapid7 from $16.00 to $10.00 and set a “neutral” rating on the stock in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $12.53.

Insider Buying and Selling at Rapid7

In other news, Director Jana Partners Management, Lp acquired 41,545 shares of Rapid7 stock in a transaction that occurred on Friday, November 28th. The stock was purchased at an average cost of $15.71 per share, with a total value of $652,671.95. Following the purchase, the director owned 6,760,149 shares in the company, valued at $106,201,940.79. This trade represents a 0.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas E. Schodorf acquired 6,300 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was purchased at an average price of $15.70 per share, for a total transaction of $98,910.00. Following the acquisition, the director directly owned 34,440 shares in the company, valued at $540,708. This represents a 22.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 67,345 shares of company stock valued at $1,025,202. 2.40% of the stock is owned by insiders.

Rapid7 Profile

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.