Trade Summary
4 months ago, Jana Partners Management, LP, serving as See Remarks at Rapid7, Inc. (RPD), purchased 772,194 shares at $19.60 per share, for a total transaction value of $15,135,356.00. Following this transaction, Jana Partners Management, LP now holds 12,623,752 shares of RPD.
This purchase represents a 7.00% increase in Jana Partners Management, LP's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, August 11, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, August 13, 2025, 2 days after the trade was made.
Rapid7, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.