Radware (NASDAQ: RDWR) is -3.11% lower on its value in year-to-date trading and has touched a low of $16.12 and a high of $24.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RDWR stock was last observed hovering at around $21.75 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $21.83, the stock is -1.26% and -4.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 0.37% at the moment leaves the stock 5.63% off its SMA200. RDWR registered 31.51% gain for a year compared to 6-month gain of 22.16%. The firm has a 50-day simple moving average (SMA 50) of $22.753 and a 200-day simple moving average (SMA200) of $20.6674.
The stock witnessed a -5.66% loss in the last 1 month and extending the period to 3 months gives it a -6.11%, and is 2.15% 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 2.55% over the week and 2.71% over the month.
Radware (RDWR) has around 1218 employees, a market worth around $912.21M and $266.88M in sales. Fwd P/E is 23.35. Profit margin for the company is -0.85%. Distance from 52-week low is 35.42% and -11.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.71%).
with sales reaching $71.36M over the same period.The EPS is expected to grow by 93.60% this year, but quarterly earnings will post 4.62% year-over-year. Quarterly sales are estimated to grow 9.73% in year-over-year returns.
Radware (RDWR) Top Institutional Holders
The shares outstanding are 41.79M, and float is at 31.67M with Short Float at 1.21%.
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 Oct 14 ’24, Trachtman Cohen Sharon (Officer) Proposed Sale 473 shares at an average price of $23.87 for $11291.0. The insider now directly holds shares of Radware (RDWR).
