Radware Ltd. (NASDAQ:RDWR) saw an uptick in trading volume on Wednesday . 110,421 shares were traded during trading, a decline of 5% from the previous session’s volume of 116,785 shares.The stock last traded at $13.61 and had previously closed at $13.64.

Several equities analysts have commented on RDWR shares. Needham & Company LLC lowered their price objective on shares of Radware from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Wednesday, May 4th. Zacks Investment Research upgraded shares of Radware from a “sell” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Wednesday, July 6th. Finally, Imperial Capital reiterated an “outperform” rating and set a $15.00 price objective on shares of Radware in a research report on Monday, July 25th. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $16.22.

The stock has a market capitalization of $598.08 million and a PE ratio of 716.32. The stock has a 50 day moving average of $12.75 and a 200-day moving average of $11.67.

Radware (NASDAQ:RDWR) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.01. The business had revenue of $49.60 million for the quarter, compared to analyst estimates of $49.57 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s revenue for the quarter was down 11.4% compared to the same quarter last year. Equities research analysts expect that Radware Ltd. will post $0.33 earnings per share for the current fiscal year.

A hedge fund recently raised its stake 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 (SEC). The firm owned 952,842 shares of the company’s stock after buying an additional 163,950 shares during the period. Wells Fargo & Company MN owned approximately 2.12% of Radware worth $14,617,000 at the end of the most recent reporting period.

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