Herald Investment Management Ltd Sells 50,000 Shares of Radware Ltd. $RDWR

Herald Investment Management Ltd reduced its holdings in Radware Ltd. (NASDAQ:RDWR) by 6.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 675,000 shares of the information technology services provider’s stock after selling 50,000 shares during the quarter. Radware accounts for about 2.9% of Herald Investment Management Ltd’s investment portfolio, making the stock its 8th biggest holding. Herald Investment Management Ltd’s holdings in Radware were worth $19,811,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of RDWR. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Radware by 18.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,941 shares of the information technology services provider’s stock worth $416,000 after purchasing an additional 2,960 shares in the last quarter. Inspire Investing LLC purchased a new stake in Radware during the first quarter worth about $738,000. ARK Investment Management LLC grew its position in Radware by 13.5% during the first quarter. ARK Investment Management LLC now owns 89,327 shares of the information technology services provider’s stock worth $1,931,000 after buying an additional 10,594 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Radware by 34.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 83,660 shares of the information technology services provider’s stock valued at $1,885,000 after buying an additional 21,252 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of Radware during the 1st quarter valued at approximately $4,213,000. Hedge funds and other institutional investors own 73.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on RDWR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Radware in a research note on Saturday, September 27th. Barclays reaffirmed an “overweight” rating and set a $35.00 price target (up previously from $30.00) on shares of Radware in a research note on Thursday, July 31st. Wall Street Zen cut shares of Radware from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 30th. Wolfe Research assumed coverage on shares of Radware in a research note on Tuesday, July 8th. They set an “outperform” rating on the stock. Finally, Jefferies Financial Group increased their target price on Radware from $25.00 to $30.00 and gave the stock a “hold” rating in a research report on Thursday, July 24th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $32.50.

Radware Stock Down 0.6%

RDWR stock opened at $27.09 on Monday. The stock has a market cap of $1.16 billion, a PE ratio of 84.66 and a beta of 0.99. The firm’s 50-day simple moving average is $25.76 and its 200 day simple moving average is $25.05. Radware Ltd. has a fifty-two week low of $18.46 and a fifty-two week high of $31.57.

Radware (NASDAQ:RDWR) last announced its quarterly earnings results on Wednesday, July 30th. The information technology services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. The company had revenue of $74.22 million for the quarter, compared to analyst estimates of $73.42 million. Radware had a net margin of 4.90% and a return on equity of 6.11%. Radware’s revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 earnings per share. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. Equities analysts forecast that Radware Ltd. will post 0.28 EPS for the current fiscal year.

Radware Company 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.