Radware Ltd. (NASDAQ:RDWR) was the target of some unusual options trading activity on Monday. Investors purchased 2,602 call options on the stock. This represents an increase of approximately 797% compared to the average volume of 290 call options.

Radware (RDWR) opened at $19.79 on Thursday. Radware has a 52 week low of $14.04 and a 52 week high of $20.78.

Several analysts have recently issued reports on RDWR shares. Barclays lifted their target price on shares of Radware from $19.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Dougherty & Co lifted their target price on shares of Radware from $18.50 to $22.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. Jefferies Group reiterated a “buy” rating on shares of Radware in a research report on Friday, October 6th. Zacks Investment Research lowered shares of Radware from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $21.00 target price on shares of Radware in a research report on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. Radware presently has a consensus rating of “Buy” and an average target price of $20.83.

Large investors have recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of Radware by 8.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,958 shares of the information technology services provider’s stock worth $122,000 after buying an additional 535 shares in the last quarter. Balter Liquid Alternatives LLC purchased a new position in shares of Radware in the second quarter worth about $198,000. Aperio Group LLC purchased a new position in Radware during the second quarter worth about $210,000. Magnetar Financial LLC purchased a new position in Radware during the third quarter worth about $206,000. Finally, GSA Capital Partners LLP purchased a new position in Radware during the third quarter worth about $234,000. 61.69% of the stock is currently owned by hedge funds and other institutional investors.

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Radware Company Profile

Radware Ltd. is a provider of cyber security and application delivery solutions. The Company’s solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications.

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