RAPID7 ($RPD) plans to announce its quarterly earnings on Monday, May 12th, after the market closes, according to Finnhub. Analysts anticipate revenue of $210,313,269 and estimated earnings of $0.35 per share.

Recent Insider Trading Activity

In the past six months, RAPID7 insiders have executed eight trades involving $RPD Stock. Notably, all of these were sales, with no purchases recorded.

Here’s a breakdown of the trading activities:

• COREY E. THOMAS (CEO): 0 purchases, 3 sales, selling 150,000 shares for approximately $5,934,345.
• CHRISTINA LUCONI (Chief People Officer): 0 purchases, 4 sales, selling 34,039 shares for about $906,386.
• REENY SONDHI: sold 3,663 shares for around $149,267.

Hedge Fund Activity

Recently, 128 institutional investors have added shares of RAPID7 to their portfolios, while 148 have reduced their holdings. This suggests a mix of confidence and caution among institutional players.

Significant recent transactions include:

• POINT72 ASSET MANAGEMENT, L.P. removed 1,758,147 shares (-54.2%) in Q4 2024, valued at approximately $70,730,253.
• NOMURA HOLDINGS INC decreased its position by 1,059,710 shares (-83.4%), estimated at $42,632,133.
• FRESHFORD CAPITAL MANAGEMENT, LLC cut back by 979,570 shares (-73.3%), valued at $39,408,101.
• SHAPIRO CAPITAL MANAGEMENT LLC added 964,899 shares (+295.9%), estimated at $38,817,886.
• PENSERRA CAPITAL MANAGEMENT LLC increased holdings by 919,955 shares (+95.8%), valued at $24,388,007.
• NORGES BANK offloaded 830,778 shares (-100.0%), valued at $33,422,198.
• ALYESKA INVESTMENT GROUP, L.P. decreased its share count by 749,175 shares (-53.2%), worth approximately $30,139,310.

Congressional Trading Activity

In the last six months, members of Congress have traded $RPD Stock three times—two of those trades were purchases and one was a sale.

Price Targets from Analysts

Several analysts have recently established price targets for $RPD, with three reports issued in the last six months. The median target hovers around $29.00.

Recent targets include:

• Keith Weiss from Morgan Stanley has set a target price of $26.00 as of April 16, 2025.
• Gregg Moskowitz from Mizuho Securities issued a target of $30.00 on April 16, 2025.
• An analyst from D.A. Davidson set a target price of $29.00 on March 25, 2025.

This article is not financial advice. For more information, review Quiver Quantitative’s disclaimers regarding possible inaccuracies in ticker mapping and other anomalies.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.