Rapid7
About: Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response; security information and event management; cloud security, threat intelligence, and application security; and security orchestration, automation, and response. The Boston-based company went public in 2015.
Employees: 2,228
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
150% more call options, than puts
Call options by funds: $50.4M | Put options by funds: $20.2M
7% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 94
4.36% less ownership
Funds ownership: 101.5% [Q2] → 97.14% (-4.36%) [Q3]
5% less funds holding
Funds holding: 270 [Q2] → 257 (-13) [Q3]
11% less capital invested
Capital invested by funds: $2.74B [Q2] → $2.43B (-$305M) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
24% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 55
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
DA Davidson Rudy Kessinger 63% 1-year accuracy 17 / 27 met price target | 1%downside $39 | Neutral Maintained | 7 Nov 2024 |
JP Morgan Brian Essex 61% 1-year accuracy 17 / 28 met price target | 7%upside $42 | Neutral Maintained | 7 Nov 2024 |
UBS Roger Boyd 63% 1-year accuracy 10 / 16 met price target | 32%upside $52 | Buy Maintained | 7 Nov 2024 |
Piper Sandler Rob Owens 73% 1-year accuracy 16 / 22 met price target | 2%upside $40 | Neutral Maintained | 7 Nov 2024 |
Truist Securities Joel Fishbein 70% 1-year accuracy 52 / 74 met price target | 3%downside $38 | Hold Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 30 articles about RPD published over the past 30 days