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Radware Ltd. (RDWR)

USD31.41 +0.59 (+1.92%)
IL NASDAQ Technology Software - Infrastructure
Address 22 Raoul Wallenberg Street 6971917
Tel Aviv, IL
CEO Roy Zisapel
IPO 1999-09-30
CIK 1094366 ISIN IL0010834765

Explore sections of this company profile

Description

Radware Ltd. and its affiliated companies are dedicated to the development, production, and distribution of advanced cybersecurity and application management tools. These sophisticated solutions cater to applications hosted across global cloud infrastructures, traditional physical data centers, and modern software-defined environments. The company's security offerings encompass DefensePro for immediate network attack defense, AppWall serving as a Web Application Firewall (WAF), and the Radware Kubernetes WAF, specifically engineered for WAF protection within Kubernetes-orchestrated CI/CD pipelines. Additionally, DefenseFlow provides comprehensive cyber command and control capabilities. In terms of application delivery, Radware supplies Alteon, an application delivery controller and load balancer essential for web, cloud, and mobile applications, alongside LinkProof NG, a multi-homing and enterprise gateway ensuring robust connectivity for both on-premise and cloud-based applications. Radware further enhances its portfolio with specialized subscriptions and services. These include a Security Updates Subscription, designed to shield network elements, hosts, and applications from emerging threats and vulnerabilities. The ERT Active Attackers Feed offers clients critical intelligence regarding attack sources recently involved in DDoS and web attacks. The Alteon Global Elastic License provides adaptable ADC services across diverse private, public cloud, and data center environments. For monitoring, APSolute Vision serves as a network surveillance tool for cybersecurity and application delivery solutions, while the MSSP Portal streamlines DDoS detection and mitigation services. Moreover, clients can access Radware's Cloud DDoS Protection Service, delivering top-tier distributed denial-of-service defense via the cloud. Complementing these products, the company offers a full spectrum of customer support, including technical assistance, professional services, managed services, and various training and certification programs. Radware's products are primarily sold through independent distributors, such as value-added resellers (VARs), original equipment manufacturers (OEMs), and system integrators (SIs). Established in 1996, Radware Ltd. is headquartered in Tel Aviv, Israel.

News Sentiment (7d)
76 Positive

Based on only 2 articles — low confidence

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD31.41 +0.59 (+1.92%)
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Volume Profile
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Liquidity & share structure
Average Volume
224.0K
Beta
0.85
Float Shares
35.52M
Free Float %
82.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.51% +0.33% +16.99% +3.60% +19.70% +13.49% +17.09% +38.29% -0.44% +160.13% +98.84%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (14 ratings, all time) Hold
Price Targets & DCF
Current price
31.41
Low 25.00 -20.4%
Consensus 25.00 -20.4%
Median 25.00 -20.4%
High 25.00 -20.4%
DCF (Unlevered) 4.04 -87.1%
DCF (Levered) 23.74 -24.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 0 -1
Buy 1 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 2
30.00
-4.5%
All Time 3
27.67
-11.9%
Quality scores
Altman Z-Score
3.57
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Software - Infrastructure: +13.7%
    +9.8% Q1'26: +10.7% (vs Q1'25)
  • EPS growth Software - Infrastructure: +28.7%
    +221.4% Q1'26: -19.0% (vs Q1'25)
  • FCF margin FCF growth · Software - Infrastructure: +32.2%
    -2.9% Q1'26: +18.8% (vs Q1'25)
  • EBIT margin Software - Infrastructure: +8.8%
    +3.8% Q1'26: +6.0% (vs Q1'25)
  • ROIC Software - Infrastructure: +6.6%
    +5.2% Q1'26: +10.7% (vs Q1'25)
  • Share dilution Software - Infrastructure: +0.0%
    +3.1% Q1'26: +0.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×
    0.74× Q1'26: 0.55× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.82) × ERP
WACC = 99% × Ke + 1% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4.04 Current price: 31.41
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2006
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
81.41M
est: 96.71M (-15.8%)
94.58M
est: 86.91M (+8.8%)
108.90M
est: 92.84M (+17.3%)
144.12M
est: 137.53M (+4.8%)
167.02M
est: 154.38M (+8.2%)
189.17M
est: 182.01M (+3.9%)
216.57M
est: 216.12M (+0.2%)
196.59M
est: 195.66M (+0.5%)
211.37M
est: 208.42M (+1.4%)
234.40M
est: 234.14M (+0.1%)
252.07M
est: 252.29M (-0.1%)
250.03M
est: 248.62M (+0.6%)
286.50M
est: 285.29M (+0.4%)
293.43M
est: 292.73M (+0.2%)
261.29M
est: 259.01M (+0.9%)
274.88M
est: 273.21M (+0.6%)
301.85M
est: 300.05M (+0.6%)
329.11M
328.19M – 329.80M
+9.7% YoY
353.71M
351.00M – 355.60M
+7.5% YoY
316.76M
315.87M – 317.42M
-10.4% YoY
EBITDA
-4.91M
est: -1.22M (-303.4%)
-21.32M
est: -38.62M (+44.8%)
2.69M
est: -6.83M (+139.4%)
17.51M
est: 10.02M (+74.7%)
28.73M
est: 20.82M (+38.0%)
40.79M
est: 34.43M (+18.5%)
27.40M
est: 33.56M (-18.3%)
-2.38M
est: 2.86M (-183.2%)
4.56M
est: 3.38M (+34.9%)
17.31M
est: 16.16M (+7.1%)
28.20M
est: 27.25M (+3.5%)
16.73M
est: 24.45M (-31.6%)
28.42M
est: 32.80M (-13.4%)
8.35M
est: 36.60M (-77.2%)
-19.44M
est: 8.22M (-336.4%)
7.95M
est: 8.67M (-8.3%)
23.09M
est: 9.52M (+142.5%)
10.45M
10.42M – 10.47M
+9.7% YoY
11.23M
11.14M – 11.29M
+7.5% YoY
10.05M
10.03M – 10.08M
-10.4% YoY
EBIT
-8.35M
est: -10.06M (+17.0%)
-27.40M
est: -44.27M (+38.1%)
-7.11M
est: -9.62M (+26.1%)
8.46M
est: 8.06M (+4.9%)
18.43M
est: 16.94M (+8.8%)
30.92M
est: 29.87M (+3.5%)
18.00M
est: 17.91M (+0.5%)
-12.75M
est: -13.08M (+2.5%)
-6.67M
est: -8.99M (+25.8%)
7.52M
est: 4.56M (+65.1%)
16.92M
est: 12.71M (+33.1%)
6.17M
est: 6.29M (-1.9%)
18.23M
est: 18.80M (-3.0%)
-3.34M
est: 21.83M (-115.3%)
-31.68M
est: -2.35M (-1,248.4%)
-3.89M
est: -2.48M (-56.8%)
11.41M
est: -2.72M (+519.1%)
-2.99M
-2.99M – -2.98M
-9.7% YoY
-3.21M
-3.23M – -3.18M
-7.5% YoY
-2.87M
-2.88M – -2.87M
+10.4% YoY
Net Income
-1.28M
est: -1.55M (+17.6%)
-31.02M
est: -43.33M (+28.4%)
-5.94M
est: -7.79M (+23.8%)
9.63M
est: 9.18M (+4.9%)
21.34M
est: 19.64M (+8.7%)
31.76M
est: 30.62M (+3.7%)
18.57M
est: 18.62M (-0.3%)
-8.66M
est: -8.75M (+1.1%)
-7.49M
est: -9.04M (+17.1%)
11.74M
est: 7.57M (+55.0%)
22.57M
est: 16.78M (+34.5%)
9.64M
est: 9.67M (-0.3%)
7.81M
est: 5.72M (+36.5%)
-166.0K
est: 6.48M (-102.6%)
-21.59M
est: -13.07M (-65.2%)
6.04M
est: 36.99M (-83.7%)
20.26M
est: 50.93M (-60.2%)
52.12M
51.96M – 52.29M
+2.3% YoY
58.11M
54.28M – 61.79M
+11.5% YoY
— – —
-100.0% YoY
SGA
56.31M
est: 66.98M (-15.9%)
75.66M
est: 47.12M (+60.6%)
67.63M
est: 83.21M (-18.7%)
74.80M
est: 71.40M (+4.8%)
79.17M
est: 72.97M (+8.5%)
86.34M
est: 83.02M (+4.0%)
110.38M
est: 112.64M (-2.0%)
121.91M
est: 118.25M (+3.1%)
126.32M
est: 117.10M (+7.9%)
127.53M
est: 90.37M (+41.1%)
128.14M
est: 92.09M (+39.1%)
131.94M
est: 131.20M (+0.6%)
141.73M
est: 143.61M (-1.3%)
156.32M
est: 163.19M (-4.2%)
158.65M
est: 139.37M (+13.8%)
150.79M
est: 147.01M (+2.6%)
153.12M
est: 161.45M (-5.2%)
177.09M
176.59M – 177.46M
+9.7% YoY
190.33M
188.87M – 191.34M
+7.5% YoY
170.44M
169.96M – 170.80M
-10.4% YoY
EPS
-0.04
est: 0.16 (-122.6%)
-0.80
est: -0.21 (-281.0%)
-0.15
est: 0.03 (-700.0%)
0.25
est: 0.43 (-41.9%)
0.51
est: 0.58 (-12.1%)
0.73
est: 0.83 (-12.0%)
0.40
est: 0.71 (-43.8%)
-0.20
est: 0.20 (-200.6%)
-0.17
est: 0.16 (-208.2%)
0.25
est: 0.48 (-47.9%)
0.48
est: 0.85 (-43.5%)
0.21
est: 0.66 (-68.1%)
0.17
est: 0.81 (-78.9%)
0.00
est: 0.68 (-100.5%)
-0.50
est: -0.29 (-70.9%)
0.14
est: 0.83 (-83.2%)
0.47
est: 1.14 (-58.8%)
1.17
1.16 – 1.17
+2.3% YoY
1.30
1.21 – 1.38
+11.4% YoY
— – —
-100.0% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-07 Needham Hold Hold Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-05-07 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-05-06 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-05-05 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-05-04 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-05-01 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-04-30 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-04-29 B 3/5 3/5 3/5 3/5 3/5 2/5 3/5
2026-04-28 B 3/5 3/5 3/5 3/5 3/5 2/5 3/5
2026-04-27 B 3/5 3/5 3/5 3/5 3/5 1/5 3/5
2026-04-24 B 3/5 3/5 3/5 3/5 3/5 1/5 3/5
2026-04-23 B 3/5 3/5 3/5 3/5 3/5 1/5 3/5
2026-04-22 B 3/5 3/5 3/5 3/5 3/5 1/5 3/5
2026-04-21 B 3/5 3/5 3/5 3/5 3/5 1/5 3/5
2026-04-20 B 3/5 3/5 3/5 3/5 3/5 1/5 3/5
2026-04-17 B 3/5 3/5 3/5 4/5 3/5 1/5 3/5
2026-04-16 B 3/5 3/5 3/5 4/5 3/5 1/5 3/5
2026-04-15 B 3/5 3/5 3/5 4/5 3/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
40.58M
OE per share TTM
0.91
Owner's Yield
3.45%
Maintenance CapEx ratio
42.32%
Maint CapEx / Avg PPE
14.9%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
36
Total invested
116.04M
Insider transactions (90d)
0
Beneficial owners (>5%)
17
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Artisan Partners Limited Partnership 4.10M 8.90% 3.40M 4.10M IA Delaware 2022-02-04
2 Morgan Stanley 3.53M 8.40% 3.53M 3.53M HC, CO Delaware. 2024-02-09
3 Richard Mashaal 3.18M 6.91% 3.18M HC, IN Canada 2022-02-09
4 Senvest Management, LLC 3.18M 6.91% 3.18M IA, OO Delaware 2022-02-09
5 Artisan Investments GP LLC 3.09M 6.70% 13.00 3.09M HC Delaware 2021-02-10
6 Artisan Partners Asset Management Inc. 3.09M 6.70% 13.00 3.09M HC Delaware 2021-02-10
7 Artisan Partners Holdings LP 3.09M 6.70% 13.00 3.09M HC Delaware 2021-02-10
8 Morgan Stanley Capital Services LLC 3.02M 7.20% 3.02M 3.02M BD, CO Delaware. 2024-02-09
9 The Phoenix Holdings Ltd. 2.55M 5.63% 2.55M CO Israel 2022-11-08
10 GO UCITS ETF SOLUTIONS PLC 2.40M 5.17% 2.40M FI ONE COLEMAN STREET, LONDON, EC2R 5AA, UK 2022-02-14
11 ETF Managers Group LLC 2.21M 5.13% 2.21M IA Citizenship or Place of Organization 2017-06-20
12 LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED 2.12M 5.03% 2.12M 2.12M FI ONE COLEMAN STREET, LONDON, EC2R 5AA, UK 2024-02-13
13 LEGAL & GENERAL UCITS ETF PLC 2.08M 4.95% 2.08M 2.08M FI ONE COLEMAN STREET, LONDON, EC2R 5AA, UK 2024-02-13
14 LGIM MANAGERS (EUROPE) LIMITED 2.08M 4.95% 2.08M 2.08M FI ONE COLEMAN STREET, LONDON, EC2R 5AA, UK 2024-02-13
15 Cadian Capital Management GP, LLC 0.00% HC, OO Delaware 2022-02-14
16 Cadian Capital Management, LP 0.00% IA, PN Delaware 2022-02-14
17 Eric Bannasch 0.00% HC, IN Delaware 2022-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
36
-87 vs prev Q
New positions
3
Closed positions
88
Increased
14
Reduced
10
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 SENVEST MANAGEMENT, LLC 4.05M +— (+0.0%) 97.48M -9.7M (-9.1%) 8.71% -0.761 pp 3.02% -0.419 pp USD18.97 +27.0% 81 qtrs
2 PENSERRA CAPITAL MANAGEMENT LLC 3.13M +589.0K (+23.1%) 75.48M +8.1M (+12.0%) 6.96% +1.007 pp 0.90% +0.091 pp USD28.43 -15.3% 3 qtrs
3 ARTISAN PARTNERS LIMITED PARTNERSHIP 2.97M -161.1K (-5.1%) 71.53M -11.4M (-13.7%) 6.92% -0.400 pp 0.11% -0.011 pp USD26.89 -10.4% 28 qtrs
4 MORGAN STANLEY 2.62M +588.1K (+28.9%) 63.11M +9.3M (+17.3%) 6.11% +1.355 pp 0.00% +0.001 pp USD22.14 +8.8% 51 qtrs
5 LEGAL & GENERAL GROUP PLC 2.43M -9.1K (-0.4%) 58.47M -6.1M (-9.4%) 5.22% -0.478 pp 0.01% -0.002 pp USD21.43 +12.4% 37 qtrs
6 ACADIAN ASSET MANAGEMENT LLC 1.72M +49.3K (+3.0%) 41.43M -2.8M (-6.4%) 3.70% -0.208 pp 0.07% -0.009 pp USD23.46 +2.7% 32 qtrs
7 RENAISSANCE TECHNOLOGIES LLC 1.63M -139.7K (-7.9%) 39.17M -7.6M (-16.3%) 3.79% -0.340 pp 0.06% -0.001 pp USD21.40 +12.6% 46 qtrs
8 FIRST TRUST ADVISORS LP 1.56M +348.8K (+28.7%) 37.64M +5.5M (+17.1%) 3.64% +0.804 pp 0.03% +0.003 pp USD22.31 +8.0% 42 qtrs
9 BLACKROCK, INC. 1.46M -92.1K (-5.9%) 35.13M -5.9M (-14.5%) 3.40% -0.227 pp 0.00% 0.000 pp USD22.39 +7.6% 6 qtrs
10 NEUBERGER BERMAN GROUP LLC 1.07M -27.4K (-2.5%) 25.67M -3.3M (-11.4%) 2.29% -0.265 pp 0.02% -0.002 pp USD24.95 -3.4% 24 qtrs
11 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 842.4K -696.4K (-45.3%) 20.29M -20.5M (-50.2%) 1.81% -1.788 pp 0.03% -0.035 pp USD18.68 +29.0% 7 qtrs
12 COOPER CREEK PARTNERS MANAGEMENT LLC 740.1K -216.6K (-22.6%) 17.83M -7.5M (-29.7%) 1.73% -0.513 pp 0.81% +0.028 pp USD22.46 +7.3% 6 qtrs
13 HERALD INVESTMENT MANAGEMENT LTD 675.0K +— (+0.0%) 16.25M -1.6M (-9.0%) 1.57% -0.005 pp 2.12% -0.257 pp USD26.49 -9.1% 2 qtrs
14 RICE HALL JAMES & ASSOCIATES, LLC 667.1K +21.9K (+3.4%) 16.07M -1.0M (-6.0%) 1.56% +0.046 pp 0.88% -0.047 pp USD24.08 +0.0% 28 qtrs
15 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 539.6K -123.0K (-18.6%) 13.00M -4.6M (-25.9%) 1.16% -0.389 pp 0.03% -0.021 pp USD23.48 +2.6% 17 qtrs
16 STATE STREET CORP 458.9K +8.2K (+1.8%) 11.06M -884.3K (-7.4%) 1.07% +0.016 pp 0.00% +0.000 pp USD21.27 +13.3% 49 qtrs
17 379.3K +379.3K (+100.0%) 9.15M +9.2M (+100.0%) 0.88% +0.885 pp 0.30% +0.300 pp USD24.09 +0.0% 1 qtrs NEW
18 MAN GROUP PLC 375.8K -56.3K (-13.0%) 9.05M -2.4M (-20.9%) 0.81% -0.202 pp 0.02% -0.005 pp USD24.10 0.0% 19 qtrs
19 NUVEEN, LLC 365.0K +8.5K (+2.4%) 8.79M -650.4K (-6.9%) 0.85% +0.017 pp 0.00% 0.000 pp USD24.09 +0.0% 4 qtrs
20 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 322.4K -14.4K (-4.3%) 7.77M -1.2M (-12.9%) 0.75% -0.036 pp 0.00% -0.001 pp USD21.41 +12.5% 7 qtrs
21 DEUTSCHE BANK AG\ 302.5K +272.5K (+908.4%) 7.29M +6.5M (+817.0%) 0.71% +0.636 pp 0.00% +0.002 pp USD23.75 +1.4% 12 qtrs
22 NEW YORK STATE COMMON RETIREMENT FUND 286.3K +11.9K (+4.3%) 6.90M -371.9K (-5.1%) 0.62% -0.026 pp 0.01% 0.000 pp USD24.20 -0.5% 31 qtrs
23 OBERWEIS ASSET MANAGEMENT INC/ 281.5K +6.8K (+2.5%) 6.78M -495.5K (-6.8%) 0.61% -0.037 pp 0.25% -0.031 pp USD22.33 +7.9% 6 qtrs
24 QUBE RESEARCH & TECHNOLOGIES LTD 263.6K +10.6K (+4.2%) 6.35M -352.4K (-5.3%) 0.57% -0.025 pp 0.01% -0.001 pp USD23.45 +2.7% 8 qtrs
25 BANK OF AMERICA CORP /DE/ 228.8K -30.6K (-11.8%) 5.51M -1.4M (-19.8%) 0.53% -0.073 pp 0.00% 0.000 pp USD23.16 +4.0% 52 qtrs
26 JPMORGAN CHASE & CO 162.9K -40.7K (-20.0%) 3.92M -1.5M (-27.2%) 0.38% -0.096 pp 0.00% 0.000 pp USD20.04 +20.2% 40 qtrs
27 ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. 149.7K +— (+0.0%) 3.61M -359.2K (-9.1%) 0.35% -0.001 pp 0.01% -0.001 pp USD21.83 +10.4% 13 qtrs
28 MILLENNIUM MANAGEMENT LLC 149.4K -146.0K (-49.4%) 3.60M -4.2M (-54.0%) 0.35% -0.343 pp 0.00% -0.002 pp USD21.34 +12.9% 64 qtrs
29 SEI INVESTMENTS CO 141.8K +33.8K (+31.3%) 3.41M +554.2K (+19.4%) 0.31% +0.052 pp 0.00% +0.000 pp USD24.77 -2.7% 30 qtrs
30 TWO SIGMA INVESTMENTS, LP 127.8K +2.5K (+2.0%) 3.08M -241.0K (-7.3%) 0.30% +0.005 pp 0.00% -0.001 pp USD22.73 +6.0% 46 qtrs
31 TWO SIGMA ADVISERS, LP 95.8K +9.3K (+10.8%) 2.31M +16.8K (+0.7%) 0.22% +0.021 pp 0.00% 0.000 pp USD25.13 -4.1% 51 qtrs
32 BANQUE CANTONALE VAUDOISE 87.1K -1.6K (-1.8%) 2.10M -251.0K (-10.7%) 0.19% -0.020 pp 0.07% -0.013 pp USD21.82 +10.4% 4 qtrs
33 GEODE CAPITAL MANAGEMENT, LLC 84.9K +772.0 (+0.9%) 2.04M -183.0K (-8.2%) 0.20% +0.001 pp 0.00% +0.000 pp USD23.40 +2.9% 46 qtrs
34 LAZARD ASSET MANAGEMENT LLC 83.6K +39.3K (+89.0%) 2.01M +841.5K (+71.8%) 0.19% +0.091 pp 0.00% +0.002 pp USD23.40 +2.9% 7 qtrs
35 ARK INVESTMENT MANAGEMENT LLC 82.4K +15.0K (+22.3%) 1.98M +199.8K (+11.2%) 0.18% +0.020 pp 0.01% +0.003 pp USD22.46 +7.3% 33 qtrs
36 NORTHERN TRUST CORP 81.7K +221.0 (+0.3%) 1.97M -190.2K (-8.8%) 0.18% -0.015 pp 0.00% +0.000 pp USD22.57 +6.7% 7 qtrs
37 YELIN LAPIDOT HOLDINGS MANAGEMENT LTD. 72.3K -42.9K (-37.3%) 1.74M -1.3M (-42.9%) 0.17% -0.101 pp 0.35% -0.292 pp USD16.92 +42.4% 10 qtrs
38 CITIGROUP INC 70.2K +4.0K (+6.1%) 1.69M -61.4K (-3.5%) 0.15% -0.004 pp 0.00% +0.000 pp USD22.78 +5.8% 35 qtrs
39 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 67.7K +8.6K (+14.5%) 1.63M +64.6K (+4.1%) 0.16% +0.020 pp 0.01% +0.000 pp USD23.27 +3.5% 6 qtrs
40 SWISS NATIONAL BANK 67.6K +2.0K (+3.0%) 1.63M -109.3K (-6.3%) 0.15% -0.008 pp 0.00% +0.000 pp USD18.30 +31.6% 41 qtrs
41 UBS GROUP AG 64.6K +6.4K (+11.0%) 1.56M +13.9K (+0.9%) 0.15% +0.014 pp 0.00% +0.000 pp USD21.57 +11.7% 34 qtrs
42 POINT72 ASSET MANAGEMENT, L.P. 59.1K +24.2K (+69.5%) 1.42M +499.7K (+54.1%) 0.13% +0.046 pp 0.00% +0.000 pp USD23.79 +1.3% 7 qtrs
43 UBS ASSET MANAGEMENT AMERICAS INC 58.5K +58.5K (+100.0%) 1.41M +1.4M (+100.0%) 0.13% +0.126 pp 0.00% +0.000 pp USD24.09 +0.0% 31 qtrs
44 CITADEL ADVISORS LLC 56.1K +24.0K (+74.8%) 1.35M +501.1K (+58.9%) 0.13% +0.056 pp 0.00% +0.000 pp USD22.71 +6.1% 38 qtrs
45 PDT PARTNERS, LLC 54.9K +— (+0.0%) 1.32M -131.7K (-9.1%) 0.13% 0.000 pp 0.09% -0.006 pp USD21.95 +9.7% 8 qtrs
46 IQ EQ FUND MANAGEMENT (IRELAND) LTD 50.5K +4.3K (+9.4%) 1.22M -6.3K (-0.5%) 0.11% +0.004 pp 0.08% +0.001 pp USD21.56 +11.7% 23 qtrs
47 BNP PARIBAS ARBITRAGE, SNC 48.4K +33.5K (+223.8%) 1.17M +770.1K (+194.5%) 0.11% +0.078 pp 0.00% +0.000 pp USD23.39 +3.0% 24 qtrs
48 GOLDMAN SACHS GROUP INC 45.5K -25.6K (-36.0%) 1.10M -787.4K (-41.8%) 0.11% -0.060 pp 0.00% 0.000 pp USD19.87 +21.2% 52 qtrs
49 RUSSELL INVESTMENTS GROUP, LTD. 43.9K -60.0 (-0.1%) 1.06M -108.7K (-9.3%) 0.09% -0.008 pp 0.00% 0.000 pp USD24.70 -2.5% 31 qtrs
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 38.7K -4.2K (-9.7%) 932.6K -203.1K (-17.9%) 0.09% -0.010 pp 0.00% +0.000 pp USD23.83 +1.1% 29 qtrs
51 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 36.0K -1.4K (-3.6%) 867.3K -122.3K (-12.4%) 0.08% -0.010 pp 0.00% 0.000 pp USD23.98 +0.5% 32 qtrs
52 MAGNETAR FINANCIAL LLC 35.1K +4.2K (+13.5%) 844.4K +26.4K (+3.2%) 0.08% +0.010 pp 0.01% +0.003 pp USD26.20 -8.1% 7 qtrs
53 RENAISSANCE GROUP LLC 34.9K -6.6K (-16.0%) 841.8K -259.6K (-23.6%) 0.08% -0.022 pp 0.03% -0.008 pp USD22.53 +6.9% 5 qtrs
54 SKOPOS LABS, INC. 33.1K +14.9K (+81.9%) 806.3K +324.9K (+67.5%) 0.07% +0.031 pp 0.04% -0.015 pp USD25.49 -5.5% 5 qtrs
55 XTX TOPCO LTD 31.8K +31.8K (+100.0%) 765.9K +765.9K (+100.0%) 0.07% +0.074 pp 0.02% +0.020 pp USD24.09 +0.0% 1 qtrs NEW
56 D. E. SHAW & CO., INC. 31.8K -12.6K (-28.4%) 765.8K -410.7K (-34.9%) 0.07% -0.036 pp 0.00% 0.000 pp USD19.58 +23.0% 62 qtrs
57 VANGUARD GROUP INC 29.5K +— (+0.0%) 709.8K -70.7K (-9.1%) 0.07% 0.000 pp 0.00% +0.000 pp USD21.88 +10.1% 39 qtrs
58 ROBERTSON STEPHENS WEALTH MANAGEMENT, LLC 29.4K +29.4K (+100.0%) 709.0K +709.0K (+100.0%) 0.07% +0.069 pp 0.02% +0.019 pp USD24.09 +0.0% 1 qtrs NEW
59 STATE OF NEW JERSEY COMMON PENSION FUND D 26.6K +— (+0.0%) 641.3K -63.9K (-9.1%) 0.06% 0.000 pp 0.00% 0.000 pp USD25.00 -3.6% 31 qtrs
60 SHELTON CAPITAL MANAGEMENT 22.8K -4.0K (-14.9%) 548.2K -160.6K (-22.7%) 0.05% -0.010 pp 0.01% -0.004 pp USD24.11 -0.1% 6 qtrs
61 TOROSO INVESTMENTS, LLC 22.3K -7.5K (-25.2%) 537.9K -253.1K (-32.0%) 0.05% -0.018 pp 0.00% 0.000 pp USD20.98 +14.8% 8 qtrs
62 TREXQUANT INVESTMENT LP 22.2K -1.5K (-6.2%) 534.8K -92.1K (-14.7%) 0.05% -0.004 pp 0.00% -0.002 pp USD19.57 +23.1% 9 qtrs
63 JUMP FINANCIAL, LLC 21.9K -25.0K (-53.3%) 527.2K -715.3K (-57.6%) 0.05% -0.063 pp 0.01% -0.008 pp USD24.92 -3.3% 7 qtrs
64 HENNION & WALSH ASSET MANAGEMENT, INC. 20.9K +20.9K (+100.0%) 503.4K +503.4K (+100.0%) 0.05% +0.049 pp 0.02% +0.017 pp USD24.09 +0.0% 1 qtrs NEW
65 ALGERT GLOBAL LLC 18.7K +1.5K (+8.9%) 451.0K -5.0K (-1.1%) 0.04% +0.003 pp 0.01% -0.001 pp USD20.02 +20.3% 7 qtrs
66 KLP KAPITALFORVALTNING AS 18.0K +— (+0.0%) 433.6K -43.2K (-9.1%) 0.04% 0.000 pp 0.00% 0.000 pp USD26.91 -10.5% 5 qtrs
67 R SQUARED LTD 17.9K +8.7K (+95.8%) 430.1K +188.5K (+78.0%) 0.04% +0.020 pp 0.20% +0.097 pp USD22.93 +5.1% 5 qtrs
68 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 17.6K +— (+0.0%) 424.4K -42.3K (-9.1%) 0.04% 0.000 pp 0.00% 0.000 pp USD22.32 +7.9% 13 qtrs
69 ENGINEERS GATE MANAGER LP 16.1K -15.3K (-48.8%) 387.1K -444.0K (-53.4%) 0.03% -0.039 pp 0.00% -0.005 pp USD18.19 +32.4% 9 qtrs
70 AMUNDI 15.7K +15.7K (+100.0%) 378.4K +378.4K (+100.0%) 0.04% +0.037 pp 0.00% +0.000 pp USD24.09 +0.0% 1 qtrs NEW
71 HANDELSBANKEN FONDER AB 15.7K +— (+0.0%) 378.0K -38.0K (-9.1%) 0.04% 0.000 pp 0.00% 0.000 pp USD18.30 +31.6% 7 qtrs
72 STATE OF TENNESSEE, TREASURY DEPARTMENT 14.6K +— (+0.0%) 352.3K -34.1K (-8.8%) 0.03% 0.000 pp 0.00% 0.000 pp USD26.27 -8.3% 18 qtrs
73 ZURCHER KANTONALBANK (ZURICH CANTONALBANK) 14.3K +1.6K (+12.3%) 343.3K +7.0K (+2.1%) 0.03% +0.004 pp 0.00% +0.000 pp USD25.44 -5.3% 38 qtrs
74 MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. 14.0K -10.6K (-43.0%) 337.5K -313.3K (-48.1%) 0.03% -0.025 pp 0.00% -0.001 pp USD23.30 +3.4% 35 qtrs
75 TEACHER RETIREMENT SYSTEM OF TEXAS 13.6K +1.2K (+9.7%) 326.8K -642.0 (-0.2%) 0.03% +0.003 pp 0.00% 0.000 pp USD22.33 +7.9% 5 qtrs
76 POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY 12.1K +— (+0.0%) 291.2K -29.0K (-9.1%) 0.03% -0.002 pp 0.00% 0.000 pp USD23.92 +0.7% 5 qtrs
77 WALLEYE CAPITAL LLC 11.4K +11.4K (+100.0%) 275.6K +275.6K (+100.0%) 0.02% +0.025 pp 0.00% +0.001 pp USD24.09 +0.0% 4 qtrs
78 INCEPTIONR LLC 10.8K +2.8K (+34.5%) 259.8K +47.3K (+22.3%) 0.03% +0.006 pp 0.07% +0.021 pp USD25.87 -6.9% 2 qtrs
79 BANK OF MONTREAL /CAN/ 10.0K +— (+0.0%) 240.9K -24.0K (-9.1%) 0.02% -0.002 pp 0.00% +0.000 pp USD19.97 +20.6% 14 qtrs
80 KESTRA PRIVATE WEALTH SERVICES, LLC 9.0K +45.0 (+0.5%) 217.0K -20.4K (-8.6%) 0.02% +0.000 pp 0.00% 0.000 pp USD26.48 -9.0% 2 qtrs
81 VAN ECK ASSOCIATES CORP 8.6K -3.3K (-27.7%) 207.0K -108.0K (-34.3%) 0.02% -0.008 pp 0.00% 0.000 pp USD24.90 -3.3% 20 qtrs
82 LEGATO CAPITAL MANAGEMENT LLC 8.4K +672.0 (+8.7%) 202.4K -2.4K (-1.2%) 0.02% +0.002 pp 0.02% -0.005 pp USD17.50 +37.7% 10 qtrs
83 ENVESTNET ASSET MANAGEMENT INC 8.4K -42.9K (-83.7%) 201.5K -1.2M (-85.1%) 0.02% -0.100 pp 0.00% 0.000 pp USD23.60 +2.1% 6 qtrs
84 PACER ADVISORS, INC. 4.2K +1.9K (+80.7%) 101.9K +39.9K (+64.3%) 0.01% +0.004 pp 0.00% +0.000 pp USD25.96 -7.2% 3 qtrs
85 ADVISORS ASSET MANAGEMENT, INC. 3.5K +3.5K (+100.0%) 84.6K +84.6K (+100.0%) 0.01% +0.008 pp 0.00% +0.001 pp USD24.09 +0.0% 1 qtrs NEW
86 ROYAL BANK OF CANADA 3.4K -260.0 (-7.1%) 82.0K -15.0K (-15.5%) 0.01% -0.001 pp 0.00% +0.000 pp USD26.25 -8.2% 31 qtrs
87 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 3.0K +— (+0.0%) 72.0K -7.0K (-8.9%) 0.01% +0.000 pp 0.00% +0.000 pp USD15.34 +57.0% 41 qtrs
88 BARCLAYS PLC 2.5K -13.3K (-84.2%) 60.1K -290.7K (-82.9%) 0.01% -0.031 pp 0.00% 0.000 pp USD21.84 +10.3% 20 qtrs
89 GLOBAL RETIREMENT PARTNERS, LLC 2.0K +2.0K (+100.0%) 49.3K +49.3K (+100.0%) 0.00% +0.004 pp 0.00% +0.001 pp USD24.09 +0.0% 1 qtrs NEW
90 TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH PZU SA 1.7K +550.0 (+47.8%) 41.0K +10.5K (+34.4%) 0.00% +0.001 pp 0.01% +0.003 pp USD25.11 -4.1% 5 qtrs
91 SIMPLEX TRADING, LLC 1.5K -276.0 (-15.2%) 37.2K -10.8K (-22.5%) 0.00% -0.001 pp 0.00% +0.000 pp USD21.13 +14.0% 44 qtrs
92 QUADRANT CAPITAL GROUP LLC 1.3K +— (+0.0%) 31.5K -3.1K (-9.1%) 0.00% 0.000 pp 0.00% 0.000 pp USD26.49 -9.1% 11 qtrs
93 COVESTOR LTD 1.2K +— (+0.0%) 30.0K -3.0K (-9.1%) 0.00% 0.000 pp 0.02% -0.003 pp USD22.77 +5.8% 5 qtrs
94 FARTHER FINANCE ADVISORS, LLC 1.2K +1.2K (+3,178.4%) 29.2K +28.2K (+2,881.7%) 0.00% +0.003 pp 0.00% +0.000 pp USD24.16 -0.3% 2 qtrs
95 TOWER RESEARCH CAPITAL LLC (TRC) 908.00 +905.0 (+30,166.7%) 21.9K +21.8K (+27,588.6%) 0.00% +0.002 pp 0.00% +0.001 pp USD24.10 0.0% 18 qtrs
96 PARALLEL ADVISORS, LLC 766.00 +— (+0.0%) 18.5K -1.8K (-9.1%) 0.00% +0.000 pp 0.00% +0.000 pp USD18.30 +31.6% 7 qtrs
97 ROCKEFELLER CAPITAL MANAGEMENT L.P. 508.00 +508.0 (+100.0%) 12.2K +12.2K (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD24.09 +0.0% 1 qtrs NEW
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 48 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amplify Cybersecurity ETF HACK 2.78% 75.22M 0.60%
2 Global X - Cybersecurity ETF BUG 1.98% 24.19M 0.50%
3 ARK Israel Innovative Technology ETF IZRL 1.96% 2.77M 0.49%
4 Global X - Cybersecurity UCITS ETF BUG.L 1.88% 1.40M 0.50%
5 iShares Cybersecurity and Tech ETF IHAK 1.57% 15.51M 0.47%
6 State Street SPDR S&P Kensho Future Security ETF FITE 1.44% 2.14M 0.45%
7 Defiance Space and Connective Tech ETF UFOX 1.14% 10.82M 0.30%
8 Amplify BlueStar Israel Technology ETF ITEQ 1.07% 1.26M 0.75%
9 VanEck Israel ETF ISRA 0.49% 748.4K 0.59%
10 Lazard US Systematic Small Cap Equity ETF SYZ 0.35% 183.1K 0.74%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
1
Sells
0
Shares acquired
454.3K
Shares disposed
Cash buys
Cash sales
Net activity
+454,272
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-01 Zisapel Roy Director / Officer W-Will A Ordinary shares 454,272 0.00 2,190,961 D
2026-03-26 Avidan Guy Officer Ordinary shares 0 0.00 93,800 D
2026-03-20 Tauman Yair Director Ordinary shares 0 0.00 15,000 D
2026-03-20 Roth David Brian Officer Ordinary shares 0 0.00 35,000 D
2026-03-18 Zisapel Roy Director / Officer Ordinary shares 0 0.00 1,736,689 D
2026-03-18 Zeldis Naama Director Stock options 60,000 24.40 1.46M 0 D
2026-03-18 STERN STANLEY Director Stock options 60,000 16.19 971.4K 0 D
2026-03-18 Pinchev Alex Director Stock options 60,000 15.12 907.2K 0 D
2026-03-18 Moshe Meir Director Stock options 60,000 22.76 1.37M 0 D
2026-03-18 Goldriech Rivkah Officer Ordinary shares 0 0.00 62,116 D
2026-03-18 Cohen Yuval Director Ordinary shares 0 0.00 2,087,388 I

Executive team

Top executives
EBIT / Employee
10.0K
Shares Outstanding
43.15M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-08 SC 13G
2026-05-07 6-K
2026-04-30 SC 13G/A
2026-04-20 6-K
2026-04-06 6-K
2026-04-02 4
2026-03-31 20-F
2026-03-26 3
2026-03-20 3
2026-03-20 3

Executive team

NameTitleCompensationGender
Roy Zisapel Co-Founder, Chief Executive Officer, President & Director 1M male
Constance Stack Chief Growth Officer 543.8K female
Gabi Malka Chief Operating Officer 517.0K male
Guy Avidan Chief Financial Officer 496.0K male
Yoav Gazelle Chief Business Officer 465.0K male
David Aviv Chief Technology Officer & Vice President of Advanced Services 446.0K male
Amir Peles Executive Vice President of Technology & Engineering 360.0K male
Randy L. Wood Senior Vice President of North American Sales male
Riki Goldriech Chief People Officer female
David Roth Chief Revenue Officer male
Sharon Trachtman Chief of Staff female
Yisca Erez Director of Investor Relations female
ESG Rating
B
SOFTWARE - INFRASTRUCTURE
2026
E (Environmental)
86.0 / 65.1
Company / Sector avg.
S (Social)
74.5 / 63.5
Company / Sector avg.
G (Governance)
59.3 / 65.6
Company / Sector avg.
ESG Total
73.3 / 64.7
Company / Sector avg.
ESG Score History SOFTWARE - INFRASTRUCTURE
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits