Artisan Partners Amends Radware Stake (Amendment No. 3)

TL;DR

**Artisan Partners updated their Radware stake, signaling potential shifts in institutional confidence.**

AI Summary

Artisan Partners Limited Partnership, a Milwaukee-based investment firm, filed an amended SC 13G/A on February 12, 2024, indicating their ownership of Radware Ltd. ordinary shares as of December 31, 2023. This filing is an amendment (Amendment No. 3), suggesting a change in their previously reported stake. For investors, this matters because Artisan Partners is a significant institutional holder, and changes in their position can signal their confidence or concerns about Radware's future performance.

Why It Matters

Institutional investor activity, like that of Artisan Partners, can influence market sentiment and provide insights into a company's perceived value and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine update from an institutional investor and does not inherently indicate high risk, though the underlying change in ownership could be positive or negative.

Analyst Insight

Investors should monitor subsequent filings from Artisan Partners to understand the magnitude and direction of their ownership changes, as this could signal a bullish or bearish outlook on Radware Ltd. shares.

Key Players & Entities

• Artisan Partners Limited Partnership (company) — the reporting person and institutional investor
• Radware Ltd. (company) — the subject company whose shares are being reported
• Artisan Partners Asset Management Inc. (company) — a group member associated with the reporting person
• Artisan Partners Holdings LP (company) — a group member associated with the reporting person
• ARTISAN INVESTMENTS GP LLC (company) — a group member associated with the reporting person
• December 31, 2023 (date) — the date of the event which requires the filing

FAQ

Filing Documents

• d763086dsc13ga.htm (SC 13G/A) — 77KB
• d763086dex991.htm (EX-99.1) — 4KB
• g763086g0206030605895.jpg (GRAPHIC) — 3KB
• g763086g0206030606053.jpg (GRAPHIC) — 4KB
• 0001193125-24-030930.txt ( ) — 94KB

From the Filing

SC 13G/A 1 d763086dsc13ga.htm SC 13G/A SC 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to Rule 13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2. Under the Securities Exchange Act of 1934 (Amendment No. 3)* Radware Ltd. (Name of Issuer) Ordinary Shares (Title of Class of Securities) M81873107 (CUSIP Number) 12/31/2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. M81873107 13G 1 NAME OF REPORTING PERSON Artisan Partners Limited Partnership 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,889,826 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,360,703 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,360,703 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% 12 TYPE OF REPORTING PERSON (see Instructions) IA CUSIP No. M81873107 13G 1 NAME OF REPORTING PERSON Artisan Investments GP LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,889,826 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,360,703 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,360,703 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% 12 TYPE OF REPORTING PERSON (see Instructions) HC CUSIP No. M81873107 13G 1 NAME OF REPORTING PERSON Artisan Partners Holdings LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,889,826 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,360,703 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,360,703 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% 12 TYPE OF REPORTING PERSON (see Instructions) HC CUSIP No. M81873107 13G 1 NAME OF REPORTING PERSON Artisan Partners Asset Management Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see Instructions) (a)(b) Not Applicable 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER None 6 SHARED VOTING POWER 1,889,826 7 SOLE DISPOSITIVE POWER None 8 SHARED DISPOSITIVE POWER 2,360,703 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,360,703 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions) Not Applicable 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% 12 TYPE OF REPORTING PERSON (see Instructions) HC Item1(a) Name of Issuer: Radware Ltd. Item1(b) Address of Issuers Principal Executive Offices: 22 Raoul Wallenberg Street, Tel Aviv 6971917, Israel Item2(a) Name of Person Filing: Artisan Partners Limited Partnership (APLP) Artisan Investments GP LLC (Artisan Investments) Artisan Partners Holdings LP (Artisan Holdings) Artisan Partners Asset Management Inc. (APAM) Item2(b) Address of Principal Business Office: APLP, Artisan Investments, Artisan Holdings, and APAM are all located at: 875 East Wisconsin Avenue, Suite 800 Milwaukee, WI 53202 Item2(c) Citizenship: APLP is a Delaware li

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View this SC 13G/A filing on SEC EDGAR