Barclays PLC Purchases 9,112 Shares of Radware Ltd. (NASDAQ:RDWR)

Barclays PLC boosted its holdings in shares of Radware Ltd. (NASDAQ:RDWR) by 137.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,743 shares of the information technology services provider’s stock after purchasing an additional 9,112 shares during the quarter. Barclays PLC’s holdings in Radware were worth $350,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new position in shares of Radware in the second quarter worth $314,000. MQS Management LLC purchased a new stake in Radware in the 2nd quarter worth $234,000. Magnetar Financial LLC bought a new position in shares of Radware during the 2nd quarter valued at about $282,000. Marshall Wace LLP purchased a new position in shares of Radware during the second quarter valued at about $561,000. Finally, Point72 DIFC Ltd bought a new stake in shares of Radware in the second quarter worth about $169,000. 73.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Radware in a report on Friday. Barclays raised their price objective on shares of Radware from $23.00 to $30.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st.

Radware Trading Up 0.4 %

Shares of RDWR opened at $21.83 on Monday. The firm has a fifty day moving average price of $22.81 and a 200-day moving average price of $21.81. The firm has a market capitalization of $916.64 million, a P/E ratio of -363.77 and a beta of 0.97. Radware Ltd. has a 12-month low of $16.12 and a 12-month high of $24.76.

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.