Radware Ltd. (RDWR) Is At $23.06 Formed Wedge; Hanmi Financial (HAFC) Sellers Increased By 3.38% Their Shorts

Radware Ltd. (NASDAQ:RDWR) Logo

Hanmi Financial Corporation (NASDAQ:HAFC) had an increase of 3.38% in short interest. HAFC’s SI was 780,300 shares in May as released by FINRA. Its up 3.38% from 754,800 shares previously. With 226,000 avg volume, 4 days are for Hanmi Financial Corporation (NASDAQ:HAFC)’s short sellers to cover HAFC’s short positions. The SI to Hanmi Financial Corporation’s float is 2.5%. The stock decreased 0.54% or $0.15 during the last trading session, reaching $27.5. About 129,043 shares traded. Hanmi Financial Corporation (NASDAQ:HAFC) has risen 2.20% since May 7, 2017 and is uptrending. It has underperformed by 9.35% the S&P500.

Radware Ltd. (RDWR) formed wedge up with $24.90 target or 8.00% above today’s $23.06 share price. Radware Ltd. (RDWR) has $1.03 billion valuation. The stock increased 1.86% or $0.42 during the last trading session, reaching $23.06. About 242,317 shares traded or 45.12% up from the average. Radware Ltd. (NASDAQ:RDWR) has risen 33.27% since May 7, 2017 and is uptrending. It has outperformed by 21.72% the S&P500.

Among 9 analysts covering Radware (NASDAQ:RDWR), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Radware has $26.0 highest and $13 lowest target. $20.38’s average target is -11.62% below currents $23.06 stock price. Radware had 29 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Wednesday, July 29. The rating was maintained by Needham with “Buy” on Thursday, February 4. The stock of Radware Ltd. (NASDAQ:RDWR) earned “Outperform” rating by Oppenheimer on Friday, November 11. As per Wednesday, July 29, the company rating was maintained by Needham. The stock of Radware Ltd. (NASDAQ:RDWR) has “Buy” rating given on Wednesday, February 7 by Needham. Needham maintained Radware Ltd. (NASDAQ:RDWR) on Wednesday, October 7 with “Buy” rating. Imperial Capital maintained Radware Ltd. (NASDAQ:RDWR) rating on Tuesday, February 6. Imperial Capital has “In-Line” rating and $20 target. As per Wednesday, November 2, the company rating was downgraded by DA Davidson. On Tuesday, October 6 the stock rating was downgraded by Wells Fargo to “Market Perform”. Imperial Capital maintained it with “Outperform” rating and $18 target in Thursday, October 8 report.

Since January 26, 2018, it had 1 buy, and 0 sales for $94,682 activity. $94,682 worth of Hanmi Financial Corporation (NASDAQ:HAFC) shares were bought by Ahn John J.

More news for Hanmi Financial Corporation (NASDAQ:HAFC) were recently published by: Seekingalpha.com, which released: “Hanmi Financial: Compounding Shareholder Value Plus Growing Dividends” on April 28, 2018. Globenewswire.com‘s article titled: “Hanmi Financial Declares Cash Dividend of $0.24 per Share” and published on April 19, 2018 is yet another important article.

Among 7 analysts covering Hanmi Financial (NASDAQ:HAFC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Hanmi Financial had 21 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Tuesday, April 24 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods on Monday, June 26 with “Hold”. The stock of Hanmi Financial Corporation (NASDAQ:HAFC) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Raymond James upgraded the shares of HAFC in report on Thursday, January 28 to “Strong Buy” rating. Piper Jaffray maintained the stock with “Hold” rating in Thursday, October 5 report. The firm has “Outperform” rating by FBR Capital given on Wednesday, January 25. The firm earned “Neutral” rating on Friday, November 20 by Piper Jaffray. FIG Partners downgraded the stock to “Market Perform” rating in Wednesday, October 28 report. As per Tuesday, August 25, the company rating was upgraded by Raymond James. As per Wednesday, October 19, the company rating was maintained by FBR Capital.

Hanmi Financial Corporation operates as the holding firm for Hanmi Bank that provides business banking services and products in the United States. The company has market cap of $892.87 million. It offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. It has a 16.27 P/E ratio. The firm also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, which include commercial term loans and commercial lines of credit, as well as various international finance and trade services and products, including letters of credit, and import and export financing.

Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.16, from 0.88 in 2017Q3. It is positive, as 6 investors sold Hanmi Financial Corporation shares while 51 reduced holdings. 17 funds opened positions while 42 raised stakes. 28.39 million shares or 0.61% less from 28.57 million shares in 2017Q3 were reported. Principal Finance Group Incorporated has 0.01% invested in Hanmi Financial Corporation (NASDAQ:HAFC). Kennedy Capital owns 541,765 shares for 0.29% of their portfolio. 284,224 were reported by Prudential Financial. D E Shaw & Inc holds 0% in Hanmi Financial Corporation (NASDAQ:HAFC) or 45,757 shares. Parametric Assoc Ltd Com has 0% invested in Hanmi Financial Corporation (NASDAQ:HAFC) for 121,892 shares. Sterling Cap Management Ltd Liability Co holds 33,039 shares. Ls Investment Advsrs Ltd, Michigan-based fund reported 946 shares. Citadel Advisors Limited Liability Co holds 0% or 75,424 shares in its portfolio. Michigan-based Comerica Savings Bank has invested 0.01% in Hanmi Financial Corporation (NASDAQ:HAFC). New York State Teachers Retirement System reported 0% of its portfolio in Hanmi Financial Corporation (NASDAQ:HAFC). Guggenheim Cap Ltd Co reported 47,832 shares stake. Glenmede Na holds 0% in Hanmi Financial Corporation (NASDAQ:HAFC) or 269 shares. Aqr Capital Management Limited Liability Corp holds 0.01% of its portfolio in Hanmi Financial Corporation (NASDAQ:HAFC) for 248,062 shares. Rhumbline Advisers owns 78,178 shares for 0% of their portfolio. Moreover, Laurion Cap Mngmt Lp has 0% invested in Hanmi Financial Corporation (NASDAQ:HAFC) for 12,200 shares.

Hanmi Financial Corporation (NASDAQ:HAFC) Institutional Positions Chart