LSV Asset Management Raises Stock Position in Rapid7, Inc. $RPD

LSV Asset Management grew its holdings in Rapid7, Inc. (NASDAQ:RPD) by 25.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 982,397 shares of the technology company’s stock after acquiring an additional 197,397 shares during the period. LSV Asset Management’s holdings in Rapid7 were worth $14,932,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Nano Cap New Millennium Growth Fund L P bought a new position in Rapid7 during the fourth quarter valued at $532,000. Leonteq Securities AG bought a new position in Rapid7 during the fourth quarter valued at $260,000. Poehling Capital Management INC. bought a new position in Rapid7 during the fourth quarter valued at $212,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Rapid7 during the fourth quarter valued at $257,000. Finally, Swiss Life Asset Management Ltd bought a new position in Rapid7 during the fourth quarter valued at $187,000. Institutional investors own 95.66% of the company’s stock.

Rapid7 Stock Performance

RPD stock opened at $7.27 on Tuesday. Rapid7, Inc. has a one year low of $4.97 and a one year high of $25.85. The firm has a market cap of $485.85 million, a price-to-earnings ratio of 20.77 and a beta of 0.89. 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 50-day simple moving average of $6.08 and a two-hundred day simple moving average of $10.15.

Rapid7 (NASDAQ:RPD) last released its quarterly 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. Rapid7 had a net margin of 2.61% and a return on equity of 34.35%. The business had revenue of $209.69 million for the quarter, compared to analysts’ expectations of $207.94 million. During the same period last year, the business earned $0.49 EPS. The company’s revenue was down .3% compared to the same quarter last year. Rapid7 has set its FY 2026 guidance at 1.520-1.600 EPS and its Q2 2026 guidance at 0.330-0.360 EPS. On average, equities analysts forecast that Rapid7, Inc. will post 0.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on RPD shares. Susquehanna set a $8.00 price objective on shares of Rapid7 in a research report on Thursday, February 12th. Robert W. Baird set a $8.00 target price on shares of Rapid7 in a research note on Wednesday, May 6th. Raymond James Financial set a $8.00 target price on shares of Rapid7 in a research note on Wednesday, May 6th. Canaccord Genuity Group lowered their target price on shares of Rapid7 from $10.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Rapid7 in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Rapid7 currently has a consensus rating of “Reduce” and a consensus price target of $8.71.

About Rapid7

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.