Suffolk Capital Management LLC lessened its stake in Radware Ltd. (NASDAQ:RDWR) by 26.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,817 shares of the information technology services provider’s stock after selling 25,435 shares during the quarter. Suffolk Capital Management LLC owned 0.16% of Radware worth $1,194,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Radware by 8.3% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,958 shares of the information technology services provider’s stock valued at $122,000 after buying an additional 535 shares during the period. Balter Liquid Alternatives LLC acquired a new position in shares of Radware in the 2nd quarter valued at about $198,000. Aperio Group LLC acquired a new position in shares of Radware in the 2nd quarter valued at about $210,000. KCG Holdings Inc. lifted its holdings in shares of Radware by 46.2% in the 1st quarter. KCG Holdings Inc. now owns 15,782 shares of the information technology services provider’s stock valued at $255,000 after buying an additional 4,984 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Radware by 24.1% in the 2nd quarter. Vanguard Group Inc. now owns 15,950 shares of the information technology services provider’s stock valued at $279,000 after buying an additional 3,101 shares during the period. 60.85% of the stock is owned by institutional investors and hedge funds.

Radware Ltd. (NASDAQ:RDWR) traded up $0.10 during midday trading on Friday, reaching $19.31. The company had a trading volume of 135,600 shares, compared to its average volume of 210,378. Radware Ltd. has a 12 month low of $12.84 and a 12 month high of $19.68.

RDWR has been the subject of several analyst reports. Jefferies Group LLC reissued a “buy” rating on shares of Radware in a report on Friday, October 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $21.00 price target on shares of Radware in a report on Tuesday, September 12th. Dougherty & Co upped their price target on Radware from $18.50 to $22.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research raised Radware from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, BidaskClub cut Radware from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $20.14.

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About Radware

Radware Ltd. is a provider of cyber security and application delivery solutions. The Company’s solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications.

Institutional Ownership by Quarter for Radware (NASDAQ:RDWR)

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