Janus Henderson Group PLC Sells 92,611 Shares of Rapid7, Inc. $RPD

Janus Henderson Group PLC reduced its position in Rapid7, Inc. (NASDAQ:RPDFree Report) by 60.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 61,368 shares of the technology company’s stock after selling 92,611 shares during the period. Janus Henderson Group PLC’s holdings in Rapid7 were worth $338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in RPD. Vanguard Group Inc. lifted its stake in shares of Rapid7 by 7.6% during the fourth quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock valued at $140,961,000 after acquiring an additional 653,498 shares during the period. First Trust Advisors LP increased its position in Rapid7 by 48.3% in the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock worth $35,356,000 after purchasing an additional 758,009 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Rapid7 by 1.6% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company’s stock worth $40,716,000 after purchasing an additional 34,438 shares during the period. Geode Capital Management LLC raised its holdings in Rapid7 by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company’s stock worth $22,236,000 after purchasing an additional 78,448 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in Rapid7 by 23.3% during the 4th quarter. Marshall Wace LLP now owns 1,404,686 shares of the technology company’s stock worth $21,351,000 after purchasing an additional 265,413 shares during the last quarter. Institutional investors own 95.66% of the company’s stock.

Key Headlines Impacting Rapid7

Here are the key news stories impacting Rapid7 this week:

  • Positive Sentiment: Q2 earnings topped expectations: Rapid7 reported adjusted EPS of $0.44, above the $0.35 consensus estimate, while revenue of $210.9 million also exceeded expectations of $208.2 million. The results prompted a positive market reaction. Rapid7 Q2 Earnings and Revenues Top Estimates
  • Positive Sentiment: Profit outlook was raised relative to consensus: Rapid7 guided for third-quarter EPS of $0.44 to $0.47, ahead of the $0.38 analyst estimate. This suggests management expects near-term profitability to remain stronger than Wall Street had projected.
  • Positive Sentiment: Analysts lifted price targets after the report: JPMorgan raised its target to $12 from $7, Stephens to $12 from $10, and Baird to $10 from $8. The revisions indicate that the better-than-expected quarter improved analyst views, even though their ratings stayed neutral or equal weight.
  • Neutral Sentiment: Third-quarter revenue guidance was slightly below expectations: Rapid7 forecast revenue of $208 million to $210 million, compared with the $210.5 million consensus estimate. The outlook implies continued pressure on top-line growth despite stronger profitability.
  • Neutral Sentiment: Short-interest data showed no meaningful positioning: Reported short interest was zero shares with a zero-day days-to-cover ratio, offering no evidence of a short squeeze or significant bearish short positioning. The reported figures may reflect incomplete data.
  • Negative Sentiment: Underlying growth and earnings trends remain mixed: Q2 revenue declined approximately 1.5% year over year, and EPS fell from $0.58 in the prior-year quarter. In addition, the newly raised analyst targets of $10 to $12 remain below the recent share price, signaling limited upside according to those firms.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of Rapid7 from $6.00 to $10.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. Wall Street Zen downgraded Rapid7 from a “buy” rating to a “hold” rating in a report on Tuesday, April 14th. UBS Group increased their target price on shares of Rapid7 from $7.00 to $12.00 and gave the stock a “neutral” rating in a report on Tuesday. Canaccord Genuity Group set a $14.00 price objective on Rapid7 in a report on Tuesday. Finally, Robert W. Baird upped their target price on shares of Rapid7 from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday. One analyst has rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $11.61.

Read Our Latest Research Report on RPD

Rapid7 Price Performance

NASDAQ:RPD opened at $13.38 on Wednesday. Rapid7, Inc. has a 52-week low of $4.97 and a 52-week high of $21.78. The company has a market cap of $894.19 million, a P/E ratio of 43.16 and a beta of 0.97. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s 50-day simple moving average is $9.34 and its 200 day simple moving average is $7.96.

Rapid7 (NASDAQ:RPDGet Free Report) last issued its quarterly earnings results on Monday, August 10th. The technology company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. Rapid7 had a return on equity of 29.93% and a net margin of 2.35%.The firm had revenue of $210.88 million during the quarter, compared to analysts’ expectations of $208.23 million. During the same period in the prior year, the firm posted $0.58 earnings per share. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. As a group, sell-side analysts forecast that Rapid7, Inc. will post 0.63 EPS for the current fiscal year.

Rapid7 Company Profile

(Free Report)

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.

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Institutional Ownership by Quarter for Rapid7 (NASDAQ:RPD)

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