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

Banque Cantonale Vaudoise boosted its position in shares of Radware Ltd. (NASDAQ:RDWR) by 9.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 94,770 shares of the information technology services provider’s stock after acquiring an additional 8,288 shares during the quarter. Banque Cantonale Vaudoise owned about 0.23% of Radware worth $2,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its holdings in shares of Radware by 12.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,749,823 shares of the information technology services provider’s stock valued at $31,917,000 after buying an additional 193,689 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Radware by 7.1% in 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 during the period. Rice Hall James & Associates LLC lifted its holdings in shares of Radware by 6.4% in the 3rd quarter. Rice Hall James & Associates LLC now owns 931,651 shares of the information technology services provider’s stock valued at $20,757,000 after buying an additional 56,116 shares during the period. Millennium Management LLC increased its stake in shares of Radware by 2,346.9% in the 2nd quarter. Millennium Management LLC now owns 380,689 shares of the information technology services provider’s stock valued at $6,944,000 after purchasing an additional 365,131 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Radware in the 2nd quarter valued at about $4,453,000. Institutional investors and hedge funds own 73.12% of the company’s stock.

Radware Stock Up 0.6 %

Shares of Radware stock opened at $23.11 on Thursday. Radware Ltd. has a twelve month low of $14.80 and a twelve month high of $24.34. The business has a 50-day moving average price of $22.37 and a 200 day moving average price of $20.65. The firm has a market cap of $970.39 million, a PE ratio of -385.10 and a beta of 0.97.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Barclays lifted their price target on Radware from $23.00 to $30.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Needham & Company LLC upgraded Radware to a “hold” rating in a research note on Friday, November 1st. Finally, StockNews.com upgraded Radware from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 21st.

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.