Radware Ltd. (NASDAQ:RDWR – Get Free Report) CFO Guy Avidan bought 2,000 shares of the business’s stock in a transaction on Friday, July 31st. The stock was bought at an average cost of $25.21 per share, with a total value of $50,420.00. Following the transaction, the chief financial officer owned 95,800 shares in the company, valued at $2,415,118. This trade represents a 2.13% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Radware Stock Down 0.8%
NASDAQ RDWR opened at $28.51 on Thursday. Radware Ltd. has a 52 week low of $21.68 and a 52 week high of $32.79. The firm has a market capitalization of $1.20 billion, a P/E ratio of 75.03 and a beta of 0.85. The company has a 50-day moving average price of $29.11 and a 200-day moving average price of $27.01.
Radware (NASDAQ:RDWR – Get Free Report) last announced its earnings results on Tuesday, June 30th. The information technology services provider reported $0.30 EPS for the quarter. Radware had a return on equity of 7.47% and a net margin of 5.34%.The company had revenue of $82.28 million for the quarter.
Hedge Funds Weigh In On Radware
Wall Street Analysts Forecast Growth
Separately, Needham & Company LLC restated a “hold” rating on shares of Radware in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $25.00.
Read Our Latest Stock Analysis on Radware
Radware Company Profile
Radware Ltd. provides cybersecurity and application delivery solutions designed to ensure the availability, performance and security of mission‐critical applications. Its product portfolio includes on‐premises and cloud‐based offerings such as Alteon application delivery controllers, DefensePro network behavior analysis for DDoS mitigation and AppWall web application firewall. The company’s platforms use real‐time behavioral analysis, machine learning and automation to protect against distributed denial‐of‐service attacks, application layer threats and network intrusions.
Founded in 1997, Radware is co-headquartered in Tel Aviv, Israel, with a principal U.S.
See Also
- Five stocks we like better than Radware
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
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.
