Pacer Advisors Inc. increased its stake in Rapid7 by 30.4%, owning 1,487 shares valued at $60,000, while KBC Group NV raised its position by 47.7% to 2,686 shares worth $108,000. Institutional investors hold 95.66% of the stock, which has a current "Hold" rating with an average target price of $41.35. Rapid7's stock recently traded down 5.7% to $34.71, following a disappointing earnings report.