Radware Ltd. (NASDAQ:RDWR) shares traded up 4% on Monday . The company traded as high as $13.18 and last traded at $13.15, with a volume of 159,987 shares changing hands. The stock had previously closed at $12.64.

A number of research analysts have recently weighed in on the company. Zacks Investment Research cut Radware from a “buy” rating to a “hold” rating in a research report on Friday, July 29th. Imperial Capital reaffirmed an “outperform” rating and set a $15.00 price objective on shares of Radware in a research note on Monday, July 25th. Finally, Needham & Company LLC decreased their price objective on Radware from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, May 4th. Seven analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.22.

The stock has a 50 day moving average price of $12.03 and a 200 day moving average price of $11.58. The firm has a market cap of $577.86 million and a PE ratio of 692.11.

Radware (NASDAQ:RDWR) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.01. The firm earned $49.60 million during the quarter, compared to the consensus estimate of $49.57 million. The firm’s quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 EPS. On average, equities research analysts predict that Radware Ltd. will post $0.33 earnings per share for the current year.

An institutional investor recently raised its position in Radware stock. Wells Fargo & Company MN boosted its position in Radware Ltd. (NASDAQ:RDWR) by 20.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 952,842 shares of the company’s stock after buying an additional 163,950 shares during the period. Wells Fargo & Company MN owned about 2.12% of Radware worth $14,617,000 as of its most recent filing with the SEC.

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