Radware (NASDAQ: RDWR) is 44.36% higher on its value in year-to-date trading and has touched a low of $14.94 and a high of $24.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RDWR stock was last observed hovering at around $24.13 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $24.08, the stock is 5.75% and 6.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -0.21% at the moment leaves the stock 20.37% off its SMA200. RDWR registered 54.95% gain for a year compared to 6-month gain of 19.33%. The firm has a 50-day simple moving average (SMA 50) of $22.5468 and a 200-day simple moving average (SMA200) of $19.9749.
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The stock witnessed a 6.88% loss in the last 1 month and extending the period to 3 months gives it a 10.16%, and is 4.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 4.93% over the month.
Radware (RDWR) has around 1218 employees, a market worth around $1.01B and $266.88M in sales. Fwd P/E is 25.75. Profit margin for the company is -0.85%. Distance from 52-week low is 61.18% and -2.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.71%).
The EPS is expected to grow by 93.60% this year
The shares outstanding are 41.70M, and float is at 31.67M with Short Float at 1.26%.
The top institutional shareholder in the company is SENVEST MANAGEMENT, LLC with over 4.12 million shares valued at $75.07 million. The investor’s holdings represent 9.8577 of the RDWR Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 3.11 million shares valued at $56.78 million to account for 7.4558 of the shares outstanding. The other top investors are ARTISAN PARTNERS LIMITED PARTNERSHIP which holds 2.27 million shares representing 5.4455 and valued at over $41.47 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 4.8461 of the shares totaling 2.02 million with a market value of $36.9 million.
Radware (RDWR) Insider Activity
Still, SEC filings show that on Aug 07 ’24, Tauman Yair (Director) Proposed Sale 25,000 shares at an average price of $21.98 for $0.55 million. The insider now directly holds shares of Radware (RDWR).