Key Points
- Jana Partners Management, Lp purchased 41,545 Rapid7 shares on Nov. 28 at an average $15.71 each (~$652,672), bringing its direct stake to 6,760,149 shares (a 0.62% ownership increase, ~$106.2M value).
- Rapid7 recently beat quarterly expectations with $0.57 EPS vs. $0.45 expected and $217.96M revenue, and provided FY2025 guidance of roughly $2.02–$2.09 EPS (Q4 2025: $0.37–$0.44).
- The stock trades around $16.19 with a one‑year range of $13.21–$44.03, a market cap near $1.06B and a consensus analyst rating of “Hold” with a $22.42 price target.
Rapid7, Inc. (NASDAQ:RPD - Get Free Report) Director Jana Partners Management, Lp purchased 41,545 shares of the firm's stock in a transaction dated Friday, November 28th. The stock was acquired at an average price of $15.71 per share, with a total value of $652,671.95. Following the purchase, the director directly owned 6,760,149 shares of the company's stock, valued at approximately $106,201,940.79. The trade was a 0.62% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Rapid7 Trading Up 0.4%
Rapid7 stock opened at $16.19 on Friday. Rapid7, Inc. has a one year low of $13.21 and a one year high of $44.03. The business's fifty day moving average is $16.86 and its 200 day moving average is $20.17. The stock has a market capitalization of $1.06 billion, a PE ratio of 47.60 and a beta of 0.84. The company has a debt-to-equity ratio of 7.01, a current ratio of 1.19 and a quick ratio of 1.19.
Rapid7 (NASDAQ:RPD - Get Free Report) last issued its earnings results on Tuesday, November 4th. The technology company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.12. The business had revenue of $217.96 million during the quarter, compared to analyst estimates of $216.14 million. Rapid7 had a return on equity of 67.30% and a net margin of 2.61%.Rapid7's revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 EPS. Rapid7 has set its FY 2025 guidance at 2.020-2.090 EPS and its Q4 2025 guidance at 0.370-0.44 EPS. On average, sell-side analysts predict that Rapid7, Inc. will post 0.35 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on RPD shares. Susquehanna set a $15.00 target price on shares of Rapid7 in a report on Thursday, November 6th. JPMorgan Chase & Co. decreased their target price on shares of Rapid7 from $22.00 to $20.00 and set a "neutral" rating for the company in a research note on Wednesday, November 5th. Stifel Nicolaus dropped their price target on Rapid7 from $29.00 to $22.00 and set a "hold" rating on the stock in a research note on Friday, August 8th. Piper Sandler cut their price objective on Rapid7 from $30.00 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, November 5th. Finally, DA Davidson lowered their target price on Rapid7 from $16.00 to $14.00 and set an "underperform" rating on the stock in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $22.42.
Read Our Latest Research Report on RPD
Institutional Trading of Rapid7
Several institutional investors and hedge funds have recently modified their holdings of RPD. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Rapid7 during the 1st quarter worth $38,000. Headlands Technologies LLC purchased a new position in shares of Rapid7 in the second quarter worth about $44,000. CI Investments Inc. boosted its position in Rapid7 by 48.4% during the third quarter. CI Investments Inc. now owns 2,281 shares of the technology company's stock worth $43,000 after acquiring an additional 744 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in Rapid7 during the third quarter worth about $44,000. Finally, State of Alaska Department of Revenue purchased a new stake in Rapid7 during the 3rd quarter valued at about $53,000. 95.66% of the stock is currently owned by institutional investors.
Rapid7 Company Profile
(
Get Free Report)
Rapid7, Inc provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brand names. The company offers endpoint to cloud data collection and sharing applications, such as Rapid7 Insight Agent, a software-based agent that is used on assets across on-premises and cloud environments to centralize and monitor data on company's platform; Rapid7 Insight Network Sensor that analyzes raw end-to-end network traffic to increase visibility into user activity, pinpoint real threats, and investigations; Rapid7 Cloud Event Data Harvesting that offers visibility into changes made to cloud resources; and third-party integrations and ecosystem, as well as orchestration and automation solutions.
Further Reading
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