Dupont Capital Management Corp acquired a new position in shares of Radware Ltd. (NASDAQ:RDWR) in the first quarter, HoldingsChannel reports. The firm acquired 4,000 shares of the information technology services provider’s stock, valued at approximately $105,000.

Other large investors also recently bought and sold shares of the company. Assenagon Asset Management S.A. increased its holdings in shares of Radware by 27.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 99,785 shares of the information technology services provider’s stock valued at $2,607,000 after acquiring an additional 21,459 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Radware in the 1st quarter valued at $295,000. Deutsche Bank AG increased its holdings in shares of Radware by 9,989.3% in the 4th quarter. Deutsche Bank AG now owns 155,072 shares of the information technology services provider’s stock valued at $3,521,000 after acquiring an additional 153,535 shares during the period. Paloma Partners Management Co acquired a new position in shares of Radware in the 4th quarter valued at $202,000. Finally, QS Investors LLC acquired a new position in shares of Radware in the 4th quarter valued at $1,969,000. Institutional investors own 71.17% of the company’s stock.

NASDAQ:RDWR opened at $24.19 on Thursday. Radware Ltd. has a 1-year low of $21.43 and a 1-year high of $28.50. The firm has a market capitalization of $1.08 billion, a P/E ratio of 83.41, a PEG ratio of 3.44 and a beta of 0.84.

Radware (NASDAQ:RDWR) last posted its quarterly earnings data on Wednesday, May 1st. The information technology services provider reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.13. Radware had a net margin of 7.09% and a return on equity of 5.54%. The firm had revenue of $61.40 million for the quarter, compared to analyst estimates of $59.43 million. During the same period last year, the firm posted $0.06 EPS. Radware’s quarterly revenue was up 12.7% on a year-over-year basis. As a group, equities analysts anticipate that Radware Ltd. will post 0.39 earnings per share for the current year.

A number of brokerages have recently commented on RDWR. Zacks Investment Research cut shares of Radware from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 9th. TheStreet cut shares of Radware from a “b” rating to a “c+” rating in a report on Thursday, May 2nd. BidaskClub cut shares of Radware from a “hold” rating to a “sell” rating in a report on Saturday, May 4th. Finally, ValuEngine cut shares of Radware from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $30.00.

TRADEMARK VIOLATION NOTICE: “Dupont Capital Management Corp Takes Position in Radware Ltd. (RDWR)” was first posted by Marea Informative and is the property of of Marea Informative. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.mareainformativa.com/news/2019/05/16/dupont-capital-management-corp-takes-position-in-radware-ltd-rdwr.html.

Radware Profile

Radware Ltd. develops, manufactures, and markets cyber security and application delivery solutions for applications in physical, virtual, cloud, and software defined data centers worldwide. The company offers DefensePro, a real-time network attack prevention device; AppWall, a Web application firewall; and DefenseFlow, a cyber-command and control application.

Recommended Story: Gross Domestic Product (GDP)

Want to see what other hedge funds are holding RDWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Radware Ltd. (NASDAQ:RDWR).

Institutional Ownership by Quarter for Radware (NASDAQ:RDWR)

Receive News & Ratings for Radware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radware and related companies with MarketBeat.com's FREE daily email newsletter.