Vanguard Group Inc. Purchases 653,498 Shares of Rapid7, Inc. $RPD

Vanguard Group Inc. grew its holdings in Rapid7, Inc. (NASDAQ:RPD) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,273,763 shares of the technology company’s stock after buying an additional 653,498 shares during the period. Vanguard Group Inc. owned 0.14% of Rapid7 worth $140,961,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Rapid7 by 254.1% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 39,307 shares of the technology company’s stock valued at $601,000 after acquiring an additional 28,208 shares during the last quarter. CWM LLC lifted its holdings in shares of Rapid7 by 154.3% in the fourth quarter. CWM LLC now owns 16,652 shares of the technology company’s stock worth $253,000 after acquiring an additional 10,103 shares during the last quarter. KBC Group NV grew its holdings in shares of Rapid7 by 124.0% during the 4th quarter. KBC Group NV now owns 3,310 shares of the technology company’s stock valued at $50,000 after purchasing an additional 1,832 shares during the last quarter. Sound Income Strategies LLC acquired a new position in Rapid7 during the 4th quarter worth approximately $40,000. Finally, Y.D. More Investments Ltd lifted its stake in Rapid7 by 17.5% in the 4th quarter. Y.D. More Investments Ltd now owns 11,307 shares of the technology company’s stock valued at $172,000 after purchasing an additional 1,682 shares during the last quarter. 95.66% of the stock is owned by institutional investors.

Rapid7 Trading Down 7.7%

Shares of Rapid7 stock opened at $6.37 on Tuesday. The stock has a fifty day moving average price of $6.06 and a 200-day moving average price of $10.98. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a market cap of $425.71 million, a PE ratio of 18.20 and a beta of 0.89. Rapid7, Inc. has a 1 year low of $4.97 and a 1 year high of $27.10.

Rapid7 (NASDAQ:RPD) last posted its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. The business had revenue of $209.69 million during the quarter, compared to the consensus estimate of $207.94 million. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company posted $0.49 earnings per share. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. Equities research analysts anticipate that Rapid7, Inc. will post 0.55 EPS for the current year.

Wall Street Analysts Forecast Growth

RPD has been the topic of several recent research reports. Piper Sandler cut their price objective on Rapid7 from $10.00 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Needham & Company LLC reiterated a “hold” rating on shares of Rapid7 in a research report on Wednesday, February 11th. UBS Group reissued a “neutral” rating and set a $9.00 price target on shares of Rapid7 in a research note on Wednesday, February 11th. Stephens lowered their price objective on Rapid7 from $19.00 to $12.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada decreased their price target on shares of Rapid7 from $16.00 to $12.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $8.71.

About Rapid7

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.