RPD Rapid7, Inc. Insider Trading

JANA Partners (Director) bought 41,545 shares of RPD at $15.71 on 2025-11-28; stock now $16.12, down -63.3% from 52-week high.

JANA Partners purchased 41,545 shares at $15.71 on 2025-11-28, a modest addition (0.6%) to its 6.76M-share position in Rapid7. The purchase occurs amid significant price weakness: the stock trades $16.12, down -20.7% over 90 days and -63.3% from its 52-week high of $43.94. At the same-ticker level, JANA's prior 3 measurable buys at RPD all posted negative 90-day returns (ranging from -8.0% to -33.2%), with 0 of 3 well-timed at the 90-day mark. A cluster pattern is present—4 other insiders also bought within the past 14 days—but this does not alter the fact that JANA's own track record at this security shows a pattern of purchases followed by declines. The company's fundamentals remain modest (P/E 55.59, annual revenue growth +8.5%), and near-term price momentum is weak (-9.4% over 30 days).

Director Schodorf purchases 6,300 shares of RPD at $15.70; 4 other insiders also bought within 14 days as stock trades -64.7% from 52-week high.

Schodorf Thomas E, a director of Rapid7, purchased 6,300 shares at $15.70, increasing holdings by 22.4% to 34,440 shares. This purchase occurs amid a broader cluster pattern: 4 other insiders bought shares within the same 14-day window. The stock is currently trading at $15.51, down -64.7% from its 52-week high of $43.94, and down -25.8% over the past 90 days. While Rapid7 maintains solid fundamentals—$218.0M quarterly revenue, $9.8M net income, and 8.5% annual revenue growth—the elevated P/E of 53.48 against recent price weakness creates a mixed picture. The concurrent insider purchases signal management's assessment of value at depressed levels, though the magnitude of the decline merits scrutiny into underlying operational or market factors.

Jana Partners bought 200,000 RPD shares for $2,870,000 over 2 days; stock down 65.1% from 52-week high, with same-ticker history showing 3 prior buys all underwater.

JANA Partners, a director at Rapid7, executed 2 purchases totaling 200,000 shares for $2,870,000 at a blended average price of $14.35 on 2025-11-24 and 2025-11-25. The current price of $15.33 represents a recovery of $0.98 per share since the transactions, but the stock remains down 65.1% from its 52-week high of $43.94 and has fallen 20.1% over the past 30 days. JANA's prior transaction history at RPD consists of 3 buys from August 2025, each of which showed negative returns by the 90-day mark (-33.2%, -30.0%, and -22.1% respectively). Additionally, 3 other insiders also bought within the past 14 days, forming a cluster pattern. The filing warrants attention given the pattern of persistent underwater positions from prior same-ticker purchases, despite the timing coincidence with peer insider activity.

Director Marc Evan Brown buys 3,000 shares of RPD at $15.21; cluster of 3 other insider buys in 14 days amid -65.1% decline from 52-week high.

Marc Evan Brown, a Director, purchased 3,000 shares at $15.21 on 2025-11-25, increasing his holdings from 48.9K to 51.9K shares. This transaction is part of a cluster buy pattern with 3 other insiders also purchasing within the past 14 days. The stock is trading at $15.33 currently, down -65.1% from its 52-week high of $43.94 and down -20.1% over the past 30 days, suggesting sustained downward pressure. Despite fundamentals showing $218.0M in quarterly revenue, +8.5% annual growth, and a $1.0B market cap, the elevated P/E of 52.86 and recent sharp declines may be informing the timing of multiple insider purchases at depressed levels.

Director Mike Burns buys 2,000 RPD shares at $13.80; 2 other insiders bought in past 14 days amid 67.7% decline from 52-week high.

Mike Burns, a director at Rapid7, purchased 2,000 shares at $13.80 on 2025-11-20, increasing his holdings from 3,000 to 5,000 shares. This purchase occurs within a cluster pattern—2 other insiders also bought within the past 14 days—suggesting coordinated confidence at depressed valuations. The stock has declined 67.7% from its 52-week high of $43.94 and 26.0% over the past 30 days, positioning this buy near recent lows. While Rapid7 maintains solid fundamentals with $218.0M in quarterly revenue and a 48.97 P/E ratio, the aggressive price decline and synchronized insider accumulation signal management views the current price as attractive relative to intrinsic value.

CEO Thomas Corey E. buys 14,500 RPD shares at $13.82 amid -67.7% drop from 52-week high; cluster buy pattern with 2 other insiders.

Thomas Corey E., CEO of Rapid7, purchased 14,500 shares at $13.82 on 2025-11-24, bringing his total holdings to 595,066 shares, during a period of significant stock weakness—the current price of $14.20 reflects a -67.7% decline from the 52-week high of $43.94, and the stock is down -26.0% over the past 30 days and -29.5% over 90 days. Notably, this buy occurs as part of a cluster pattern with 2 other insiders also purchasing within the past 14 days. However, the CEO's cross-ticker track record shows 4 prior sells with a 90d well-timed rate of 100.00%, and at RPD specifically, all 4 prior trades (all sells) posted negative 90-day returns, suggesting a pattern of well-timed exit activity that contrasts with this current purchase decision. The company's fundamentals show revenue of $217,960,000.00 and net income of $9,809,000.00 with annual revenue growth of +8.5%, but a P/E of 48.97 reflects elevated valuation relative to earnings. The convergence of multiple insider purchases during acute price weakness warrants attention to whether insiders view current valuations as attractive, though the CEO's prior track record was built on sells rather than buys at this ticker.

JANA Partners bought 772,194 shares across 3 transactions for $15,135,355.66 at RPD, raising stake to 6,518,604 shares (+13.4%)

JANA Partners Management, LP, a director at Rapid7, executed 3 separate purchases totaling 772,194 shares for $15,135,355.66 between August 11–13, 2025, at prices ranging from $18.23 to $21.26, with a blended average price of $19.60. This increased the investor's total holdings by 13.4% to 6,518,604 shares. The purchases occur while the stock is trading at $21.32, down 51.5% from its 52-week high of $43.94, and have declined 9.5% over the past 90 days. The accumulation is material in both absolute dollar amount ($15.1M) and relative scale (13.4% increase in holdings), marking a significant expansion of the fund's position in a company with a market cap of $1,380,383,611.36 and a P/E ratio of 54.67. Investors should note that this multi-transaction purchase pattern and the fund's track record (15 prior open-market buys at various tickers averaging -3.2% 90-day return, with a 40.00% 90-day win rate) provide context for evaluating whether this stake increase reflects conviction or follows the fund's typical investment rhythm.

Chief People Officer Luconi sells 21,488 shares of Rapid7 at $28.59–$29.19 for $616,183.68; stock down 49.6% from 52-week high.

Chief People Officer Christina Luconi executed 2 separate sales totaling 21,488 shares for $616,183.68, reducing her holdings by 23.3% to 70,716 shares post-transaction. The sales occurred at $28.59 and $29.19 per share on 2025-03-07, while the current price stands at $27.54—down 49.6% from the 52-week high of $54.59 and down 27.8% over the prior 30 days. Her cross-ticker track record shows 1 prior sell with a 90-day post-sale return of +1.9% (not well-timed, as the stock rose after the sale). At Rapid7 specifically, her sole prior transaction was a June 2024 sell that also posted a +1.9% 90-day return, suggesting no pattern of well-timed exits at this ticker. The company's fundamentals remain modest—P/E of 7.94, annual revenue growth of +8.5%, net income of $16,554,000.00—but do not explain the sharp recent stock deterioration, raising questions about what may be driving both the near-term decline and this officer's capital reduction decision.

CEO Thomas Corey E. sells 100,000 shares of RPD at $39.38; stock down -36.7% from 52-week high

CEO Thomas Corey E. sold 100,000 shares of Rapid7 at $39.38 on 2025-01-21, reducing his holdings by 18.8% to 431,469 shares. This transaction follows two other sales by Corey at the same ticker on 2025-01-02, both with outcomes not yet measurable. Across his cross-ticker track record, the CEO's prior sales show a 90-day well-timed rate of 100.00%, with his last RPD sale on 2024-03-13 returning -27.9% over 90 days—a pattern consistent with selling before declines. However, the current RPD stock price of $38.90 is -36.7% from the 52-week high of $61.47, suggesting the CEO may be selling into a significantly depreciated valuation. The company reported revenue of $214,654,000.00 and net income of $16,554,000.00 in the latest quarter with annual growth of +13.5%, but was unprofitable over its most recent full fiscal year, indicating near-term earnings pressure despite top-line growth.

CEO Thomas Corey E. sold 50,000 shares (50.0K shares) for $1,996,575.84 at Rapid7 in two transactions on 2025-01-02.

Thomas Corey E., CEO of Rapid7, Inc., executed two separate sales totaling 50,000 shares on 2025-01-02, reducing his stake by 10.4% from 481,469 to 431,469 shares. The sales occurred at blended average price $39.93, slightly above the current price of $39.81 but notably below the 52-week high of $61.47. The company trades at a P/E of 53.80 and, despite positive quarterly revenue of $214,654,000 and net income of $16,554,000, reported negative full-year net income in its most recent fiscal year. Notably, in the CEO's prior sale at Rapid7 (2024-03-13), the stock declined 27.9% over the following 90 days, and his cross-ticker track record shows a 100% well-timed selling rate across 1 prior sell with average 90-day return of -27.9%. This transaction occurs as the stock is down 8.4% over 30 days and down 35.2% from its 52-week high, representing a material decision point for an executive with a demonstrated pattern of profitable exit timing.