Phoenix Financial Ltd. Lowers Holdings in Radware Ltd. $RDWR

Phoenix Financial Ltd. lowered its position in shares of Radware Ltd. (NASDAQ:RDWR) by 79.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 109,846 shares of the information technology services provider’s stock after selling 436,668 shares during the quarter. Phoenix Financial Ltd. owned 0.26% of Radware worth $3,232,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in RDWR. Quantbot Technologies LP raised its holdings in Radware by 257.1% during the first quarter. Quantbot Technologies LP now owns 9,292 shares of the information technology services provider’s stock worth $201,000 after purchasing an additional 6,690 shares in the last quarter. R Squared Ltd boosted its holdings in Radware by 342.2% in the 1st quarter. R Squared Ltd now owns 12,250 shares of the information technology services provider’s stock valued at $265,000 after purchasing an additional 9,480 shares in the last quarter. Teacher Retirement System of Texas increased its position in Radware by 69.4% during the 1st quarter. Teacher Retirement System of Texas now owns 16,060 shares of the information technology services provider’s stock worth $347,000 after purchasing an additional 6,582 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in 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 during the period. Finally, KLP Kapitalforvaltning AS raised its stake in shares of Radware by 172.7% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 18,000 shares of the information technology services provider’s stock worth $530,000 after buying an additional 11,400 shares in the last quarter. Institutional investors and hedge funds own 73.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on RDWR. Wolfe Research began coverage on Radware in a research note on Tuesday, July 8th. They issued an “outperform” rating on the stock. Wall Street Zen downgraded Radware from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 30th. Barclays reaffirmed an “overweight” rating and set a $35.00 price target (up from $30.00) on shares of Radware in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Radware in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group boosted their price objective on shares of Radware from $25.00 to $30.00 and gave the stock a “hold” rating in a 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 company. According to MarketBeat.com, Radware presently has an average rating of “Hold” and an average target price of $32.50.

Radware Stock Up 2.5%

Shares of RDWR stock opened at $26.28 on Wednesday. The stock has a market cap of $1.12 billion, a P/E ratio of 82.13 and a beta of 0.99. Radware Ltd. has a fifty-two week low of $18.46 and a fifty-two week high of $31.57. The business has a fifty day simple moving average of $25.86 and a 200-day simple moving average of $25.36.

Radware (NASDAQ:RDWR) last released its quarterly earnings data on Wednesday, July 30th. The information technology services provider reported $0.28 EPS for the quarter, topping the consensus estimate of $0.26 by $0.02. The business 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%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 EPS. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, sell-side analysts anticipate that Radware Ltd. will post 0.28 earnings per share for the current year.

Radware 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.