Rapid7 Inc (NASDAQ: RPD) is -3.46% lower on its value in year-to-date trading and has touched a low of $32.94 and a high of $61.88 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 RPD stock was last observed hovering at around $39.79 in the last trading session, with the day’s loss setting it -0.95%.
Currently trading at $38.84, the stock is -2.09% and -4.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -2.39% at the moment leaves the stock -2.43% off its SMA200. RPD registered -28.51% loss for a year compared to 6-month loss of -3.67%. The firm has a 50-day simple moving average (SMA 50) of $40.754 and a 200-day simple moving average (SMA200) of $39.80555.
The stock witnessed a -1.04% gain in the last 1 month and extending the period to 3 months gives it a -3.29%, and is -0.36% down 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 3.00% over the week and 3.07% over the month.
Rapid7 Inc (RPD) has around 2228 employees, a market worth around $2.45B and $833.01M in sales. Current P/E ratio is 61.17 and Fwd P/E is 16.70. Profit margin for the company is 5.65%. Distance from 52-week low is 17.89% and -37.23% from its 52-week high. The company has generated returns on investments over the last 12 months (4.93%).
with sales reaching $212.23M over the same period.The EPS is expected to grow by 50.71% this year, but quarterly earnings will post 8.01% year-over-year. Quarterly sales are estimated to grow 3.39% in year-over-year returns.
Rapid7 Inc (RPD) Top Institutional Holders
380.0 institutions hold shares in Rapid7 Inc (RPD), with institutional investors hold 102.56% of the company’s shares. The shares outstanding are 63.18M, and float is at 60.85M with Short Float at 5.29%. Institutions hold 101.00% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.16 million shares valued at $352.87 million. The investor’s holdings represent 13.1849% of the RPD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.97 million shares valued at $258.14 million to account for 9.6454 of the shares outstanding. The other top investors are UBS GROUP AG which holds 4.12 million shares representing 6.6517% and valued at over $178.02 million, while POINT72 ASSET MANAGEMENT, L.P. holds 6.1367 of the shares totaling 3.8 million with a market value of $164.24 million.
Rapid7 Inc (RPD) Insider Activity
The most recent transaction is an insider sale by Thomas Corey E., the company’s CEO. SEC filings show that Thomas Corey E. sold 50,000 shares of the company’s common stock on Jan 02 ’25 at a price of $39.93 per share for a total of $2.0 million. Following the sale, the insider now owns 0.43 million shares.
Still, SEC filings show that on Nov 15 ’24, Sondhi Reeny (Director) disposed off 3,663 shares at an average price of $40.75 for $0.15 million. The insider now directly holds 13,797 shares of Rapid7 Inc (RPD).
