Ion Asset Management LTD Has Lowered Its Holding in Radware LTD (RDWR) as Stock Price Rose

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Ion Asset Management Ltd decreased its stake in Radware Ltd (RDWR) by 12.01% based on its latest 2019Q1 regulatory filing with the SEC. Ion Asset Management Ltd sold 176,083 shares as the company’s stock rose 5.73% . The hedge fund held 1.29M shares of the business services company at the end of 2019Q1, valued at $33.72M, down from 1.47M at the end of the previous reported quarter. Ion Asset Management Ltd who had been investing in Radware Ltd for a number of months, seems to be less bullish one the $1.20 billion market cap company. The stock decreased 1.29% or $0.33 during the last trading session, reaching $25.57. About 75,198 shares traded. Radware Ltd. (NASDAQ:RDWR) has risen 0.08% since August 14, 2018 and is uptrending. It has outperformed by 0.08% the S&P500.

Ion Asset Management Ltd, which manages about $337.86M US Long portfolio, upped its stake in Mylan N V (NASDAQ:MYL) by 965,226 shares to 1.34 million shares, valued at $38.00 million in 2019Q1, according to the filing.

More notable recent Radware Ltd. (NASDAQ:RDWR) news were published by: Nasdaq.com which released: “Radware’s New Keyless HTTPS Flood Attack Protection Allows Organizations to Identify Encrypted Attacks Without Decryption Keys – Nasdaq” on July 23, 2019, also Nasdaq.com with their article: “Sabre Rides on Partnerships, Renews Croatia Airlines Deal – Nasdaq” published on August 14, 2019, Globenewswire.com published: “Radware Secures Multi-Million Dollar Deal With Global Financial Technology Services Provider – GlobeNewswire” on December 18, 2018. More interesting news about Radware Ltd. (NASDAQ:RDWR) were released by: Finance.Yahoo.com and their article: “Update: Radware (NASDAQ:RDWR) Stock Gained 87% In The Last Three Years – Yahoo Finance” published on June 04, 2019 as well as Globenewswire.com‘s news article titled: “Radware Extends Attack Mitigation Support With Global Courier Services Company – GlobeNewswire” with publication date: April 24, 2019.

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