Radware Ltd. (NASDAQ:RDWR) Shares Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lifted its stake in shares of Radware Ltd. (NASDAQ:RDWR) by 9.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 94,770 shares of the information technology services provider’s stock after purchasing an additional 8,288 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Radware were worth $2,111,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in RDWR. Van ECK Associates Corp lifted its holdings in Radware by 16.4% in the second quarter. Van ECK Associates Corp now owns 9,164 shares of the information technology services provider’s stock valued at $167,000 after acquiring an additional 1,291 shares during the last quarter. nVerses Capital LLC acquired a new position in Radware in the third quarter valued at approximately $51,000. California State Teachers Retirement System lifted its holdings in Radware by 9.7% in the first quarter. California State Teachers Retirement System now owns 40,705 shares of the information technology services provider’s stock valued at $762,000 after acquiring an additional 3,599 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Radware by 239.5% in the first quarter. BNP Paribas Financial Markets now owns 6,434 shares of the information technology services provider’s stock valued at $120,000 after acquiring an additional 4,539 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new position in Radware during the second quarter worth $120,000. 73.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Radware Price Performance

NASDAQ:RDWR opened at $23.11 on Thursday. The firm has a market capitalization of $970.39 million, a PE ratio of -385.10 and a beta of 0.97. The business’s fifty day moving average price is $22.37 and its 200 day moving average price is $20.65. Radware Ltd. has a 12 month low of $14.80 and a 12 month high of $24.34.

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.