In this article RPD Follow your favorite stocks CREATE FREE ACCOUNT Krisanapong Detraphiphat | Moment | Getty Images Company: Rapid7 (RPD) Business: Rapid7 is a global cybersecurity software and services provider. Its products span across information security, cloud operations, development and information technology teams, enabling them to understand attackers and leverage that information to take control of their fragmented attack surface. Rapid7 Managed Threat Complete is the company's flagship offering, and it includes the Rapid7 Managed Detection and Response program.
Rapid7 also provides risk and threat coverage through InsightIDR and Insight VM services, making them available in a single package. Its security solutions help more than 11,000 global customers unite cloud risk management and threat detection. Stock Market Value : $2.
69B ($43.23 per share) Stock Chart Icon Stock chart icon Rapid7 in 2024 Activist: Jana Partners Percentage Ownership: n/a Average Cost: n/a Activist Commentary: Jana is a very experienced activist investor founded in 2001 by Barry Rosenstein. The firm made its name taking deeply researched activist positions with well-conceived plans for long term value.
Rosenstein called his activist strategy "V cubed." The three "Vs" were" (i) Value: buying at the right price; (ii) Votes: knowing whether you have the votes before commencing a proxy fight; and (iii) Variety of ways to win: having more than one strategy to enhance value and exit an investment. .
