Renaissance Technologies LLC Purchases 125,700 Shares of Rapid7, Inc. $RPD

Renaissance Technologies LLC lifted its position in shares of Rapid7, Inc. (NASDAQ:RPD) by 535.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 149,196 shares of the technology company’s stock after buying an additional 125,700 shares during the quarter. Renaissance Technologies LLC’s holdings in Rapid7 were worth $822,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Rapid7 by 114.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,136,438 shares of the technology company’s stock worth $49,409,000 after acquiring an additional 1,142,148 shares during the period. First Trust Advisors LP boosted its holdings in Rapid7 by 48.3% in the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after purchasing an additional 758,009 shares during the period. Vanguard Group Inc. grew its position in shares of Rapid7 by 7.6% during the 4th quarter. Vanguard Group Inc. now owns 9,273,763 shares of the technology company’s stock worth $140,961,000 after purchasing an additional 653,498 shares in the last quarter. Marshall Wace LLP grew its position in shares of Rapid7 by 60.9% during the 3rd quarter. Marshall Wace LLP now owns 1,139,273 shares of the technology company’s stock worth $21,361,000 after purchasing an additional 431,195 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its holdings in shares of Rapid7 by 81.0% during the third quarter. CANADA LIFE ASSURANCE Co now owns 701,200 shares of the technology company’s stock worth $13,624,000 after purchasing an additional 313,717 shares during the period. Institutional investors own 95.66% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on RPD. Scotiabank boosted their price target on Rapid7 from $7.00 to $10.15 and gave the company a “sector perform” rating in a research note on Tuesday. Mizuho upped their target price on Rapid7 from $8.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Raymond James Financial restated an “outperform” rating and issued a $15.00 price target on shares of Rapid7 in a research report on Tuesday. Stifel Nicolaus upped their price objective on shares of Rapid7 from $7.00 to $13.00 and gave the stock a “hold” rating in a research report on Tuesday. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Rapid7 in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $11.98.

More Rapid7 News

Here are the key news stories impacting Rapid7 this week:

• Positive Sentiment: Rapid7 reported quarterly earnings of $0.44 per share, exceeding the $0.35 consensus estimate, while revenue of $210.88 million also topped expectations. The results and subsequent guidance of $0.44–$0.47 in quarterly EPS provide support for the stock. Rapid7 Shares Gap Up Following Earnings Beat
• Positive Sentiment: Rapid7’s research with Omdia identified a significant gap in corporate AI governance, with executive security leaders reporting greater concern and engagement. The findings could reinforce demand for Rapid7’s security and risk-management products as businesses expand AI adoption. Rapid7-Omdia AI Governance Research
• Positive Sentiment: Stephens raised its price target to $12, while reports from Robert W. Baird and JPMorgan described potential for meaningful price appreciation. These targets suggest some analysts view the recent weakness as an opportunity. Stephens Raises Rapid7 Price Target
• Neutral Sentiment: Stifel Nicolaus maintained a Hold rating, indicating that the earnings improvement has not yet changed its overall risk-reward assessment. Stifel Maintains Hold Rating
• Neutral Sentiment: Zacks’ value-focused review highlights valuation, growth and estimate-revision trends but does not provide a clear new catalyst. Zacks Rapid7 Value Review
• Negative Sentiment: Rapid7’s 2026 restructuring is intended to refocus the company on its core platform, but restructuring costs and execution risks may pressure near-term results. Revenue also declined 1.5% year over year, tempering the earnings beat. Rapid7 Announces 2026 Restructuring

Rapid7 Stock Performance

NASDAQ:RPD opened at $13.00 on Friday. The stock’s 50-day moving average is $9.66 and its 200-day moving average is $8.00. Rapid7, Inc. has a 1-year low of $4.97 and a 1-year high of $21.77. The company has a current ratio of 0.80, a quick ratio of 0.78 and a debt-to-equity ratio of 1.50. The stock has a market cap of $876.20 million, a P/E ratio of 41.94 and a beta of 0.97.

Rapid7 (NASDAQ:RPD) last posted its earnings results on Monday, August 10th. The technology company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. Rapid7 had a net margin of 2.35% and a return on equity of 27.89%. The firm had revenue of $210.88 million for the quarter, compared to analyst estimates of $208.23 million. During the same period in the previous year, the firm posted $0.58 EPS. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. Equities research analysts anticipate that Rapid7, Inc. will post 0.69 earnings per share for the current year.

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.