Public Employees Retirement System of Ohio Acquires New Stake in Rapid7, Inc. $RPD

Posted by Francis Steltz on Sep 11th, 2026

Public Employees Retirement System of Ohio bought a new position in shares of Rapid7, Inc. (NASDAQ:RPD – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 48,493 shares of the technology company’s stock, valued at approximately $393,000. Public Employees Retirement System of Ohio owned 0.07% of Rapid7 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Headlands Technologies LLC bought a new position in shares of Rapid7 during the second quarter worth about $44,000. Parallel Advisors LLC lifted its stake in shares of Rapid7 by 81.6% in the fourth quarter. Parallel Advisors LLC now owns 3,036 shares of the technology company’s stock worth $46,000 after acquiring an additional 1,364 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Rapid7 in the fourth quarter worth approximately $71,000. Advisors Asset Management Inc. bought a new stake in Rapid7 in the fourth quarter valued at approximately $79,000. Finally, Allworth Financial LP bought a new stake in Rapid7 in the second quarter valued at approximately $42,000. 95.66% of the stock is owned by institutional investors and hedge funds.

Rapid7 Stock Down 0.6%

Shares of NASDAQ RPD opened at $10.50 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.50. The firm has a market cap of $707.70 million, a PE ratio of 33.87 and a beta of 1.01. The company’s fifty day simple moving average is $11.38 and its 200 day simple moving average is $8.27. Rapid7, Inc. has a 12-month low of $4.97 and a 12-month high of $20.95.

Rapid7 (NASDAQ:RPD – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. The company had revenue of $210.88 million for the quarter, compared to analysts’ expectations of $208.23 million. Rapid7 had a net margin of 2.35% and a return on equity of 27.89%. The business’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.58 EPS. 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 0.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on RPD. Jefferies Financial Group restated a “hold” rating and set a $12.00 price target on shares of Rapid7 in a report on Tuesday, August 11th. Robert W. Baird upped their price objective on shares of Rapid7 from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Citigroup reiterated a “neutral” rating on shares of Rapid7 in a research report on Wednesday, August 12th. Scotiabank lifted their target price on shares of Rapid7 from $7.00 to $10.15 and gave the stock a “sector perform” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen upgraded shares of Rapid7 from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $11.98.

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Rapid7 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.