Rapid7, Inc. $RPD Stock Position Lifted by Hsbc Holdings PLC

Hsbc Holdings PLC raised its stake in Rapid7, Inc. (NASDAQ:RPD) by 274.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 159,688 shares of the technology company’s stock after purchasing an additional 117,000 shares during the quarter. Hsbc Holdings PLC’s holdings in Rapid7 were worth $2,446,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RPD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Rapid7 by 114.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,136,438 shares of the technology company’s stock valued at $49,409,000 after buying an additional 1,142,148 shares during the period. JANA Partners Management LP increased its stake in shares of Rapid7 by 13.5% in the third quarter. JANA Partners Management LP now owns 6,502,108 shares of the technology company’s stock worth $121,915,000 after acquiring an additional 772,194 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Rapid7 by 48.3% in the fourth quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock worth $35,356,000 after acquiring an additional 758,009 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Rapid7 by 7.6% in the fourth quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock worth $140,961,000 after acquiring an additional 653,498 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Rapid7 by 60.9% during the third quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company’s stock worth $21,361,000 after acquiring an additional 431,195 shares in the last quarter. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Wall Street Analysts Forecast Growth

RPD has been the subject of a number of research reports. Raymond James Financial set a $8.00 price objective on Rapid7 in a research report on Wednesday, May 6th. Scotiabank cut their price target on Rapid7 from $9.00 to $7.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Stifel Nicolaus cut their price target on Rapid7 from $9.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Canaccord Genuity Group reduced their price target on Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Finally, Mizuho dropped their price objective on Rapid7 from $12.00 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. One analyst has rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $8.71.

Rapid7 Price Performance

Rapid7 stock opened at $11.17 on Friday. The business’s fifty day moving average is $7.63 and its two-hundred day moving average is $8.53. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.78 and a current ratio of 0.78. The firm has a market cap of $746.49 million, a P/E ratio of 31.92 and a beta of 1.01. Rapid7, Inc. has a 52 week low of $4.97 and a 52 week high of $24.42.

Rapid7 (NASDAQ:RPD) last announced its earnings results on Tuesday, May 5th. The technology company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. The company had revenue of $209.69 million during the quarter, compared to analyst estimates of $207.94 million. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the company posted $0.49 earnings per share. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. Equities research analysts forecast that Rapid7, Inc. will post 0.63 earnings per share for the current fiscal year.

Rapid7 Company Profile

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.