As a new filing with the Securities and Exchange Commission shows, Richard Mashaal‘s Rima Senvest Management has further increased its stake in Radware Ltd. (NASDAQ:RDWR) to 4.59 million shares, from 4.44 million held earlier. In this way, Rima Senvest currently holds over 10% of Radware Ltd. (NASDAQ:RDWR)’s outstanding common stock. In fact, the fund has been continuously upping its position in Radware, earlier reporting 4.17 million shares held as of the end of March.
In Rima Senvest’s equity portfolio, Radware Ltd. (NASDAQ:RDWR) represented the second largest position in terms of value. Eric Bannasch‘s Cadian Capital is another shareholder of Radware Ltd. (NASDAQ:RDWR), reporting ownership of 3.60 million shares in its latest 13F filing, followed by Brian Ashford-Russell and Tim Woolley‘s Polar Capital with 838,100 shares, up by 40% on the quarter.