BNP Paribas Financial Markets Acquires 14,130 Shares of Radware Ltd. (NASDAQ:RDWR)

BNP Paribas Financial Markets lifted its stake in Radware Ltd. (NASDAQ:RDWR) by 184.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,781 shares of the information technology services provider’s stock after purchasing an additional 14,130 shares during the period. BNP Paribas Financial Markets’ holdings in Radware were worth $485,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. GSA Capital Partners LLP grew its stake in Radware by 247.3% in the third quarter. GSA Capital Partners LLP now owns 114,762 shares of the information technology services provider’s stock worth $2,557,000 after purchasing an additional 81,718 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Radware by 159.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 587,570 shares of the information technology services provider’s stock valued at $13,091,000 after buying an additional 360,710 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Radware by 7.1% during the 2nd quarter. Acadian Asset Management LLC now owns 1,732,954 shares of the information technology services provider’s stock valued at $31,577,000 after buying an additional 115,089 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in shares of Radware by 67.1% in the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 97,441 shares of the information technology services provider’s stock worth $1,777,000 after buying an additional 39,117 shares during the period. Finally, Marshall Wace LLP bought a new position in shares of Radware in the 2nd quarter worth about $561,000. 73.12% of the stock is owned by institutional investors.

Radware Stock Down 1.9 %

Shares of NASDAQ RDWR opened at $23.21 on Friday. The firm has a market cap of $974.59 million, a P/E ratio of -386.77 and a beta of 0.97. Radware Ltd. has a twelve month low of $15.71 and a twelve month high of $24.76. The company has a 50 day moving average of $22.98 and a 200 day moving average of $21.11.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on RDWR shares. StockNews.com upgraded shares of Radware from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 21st. Barclays boosted their price target on Radware from $23.00 to $30.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Finally, Needham & Company LLC raised Radware to a “hold” rating in a research report on Friday, November 1st.

About Radware

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.