Could Imperva Inc See a Reversal After Today’s Strong Options Activity?


 Could Imperva Inc See a Reversal After Today's Strong Options Activity?

In today’s session Imperva Inc (IMPV) registered an unusually high (3,154) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious IMPV increase. With 3,154 contracts traded and 45894 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: IMPV161021C00055000 closed last at: $1.95 or 0% . About 323,234 shares traded hands. Imperva Inc (NYSE:IMPV) has risen 17.66% since March 2, 2016 and is uptrending. It has outperformed by 9.40% the S&P500.

Analysts await Imperva Inc (NYSE:IMPV) to report earnings on November, 3. They expect $-0.66 earnings per share, down 247.37% or $0.47 from last year’s $-0.19 per share. After $-0.76 actual earnings per share reported by Imperva Inc for the previous quarter, Wall Street now forecasts -13.16% EPS growth.

Imperva Inc (NYSE:IMPV) Ratings Coverage

Out of 19 analysts covering Imperva (NYSE:IMPV), 10 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 53% are positive. Imperva has been the topic of 47 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Imperva Inc (NYSE:IMPV) earned “Equal Weight” rating by Morgan Stanley on Thursday, September 10. The stock of Imperva Inc (NYSE:IMPV) has “Hold” rating given on Friday, August 7 by Topeka Capital Markets. The firm has “Buy” rating given on Thursday, February 4 by Needham. Imperial Capital maintained it with “Outperform” rating and $55 target price in Wednesday, May 18 report. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 7. Morgan Stanley downgraded Imperva Inc (NYSE:IMPV) rating on Thursday, April 21. Morgan Stanley has “Underweight” rating and $36 price target. The stock of Imperva Inc (NYSE:IMPV) earned “Sector Weight” rating by Pacific Crest on Tuesday, August 30. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. The rating was maintained by Oppenheimer on Thursday, February 4 with “Outperform”. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, October 30 report.

According to Zacks Investment Research, “Imperva Inc. is engaged in the development of protection software and services for business applications and databases. The Company delivers innovative technology to give full audit accountability and separation of duties to meet regulatory compliance. It offers SecureSphere Data Security Suite to protect sensitive data from hackers and malicious insiders along with providing a fast and cost-effective route to regulatory compliance and establishes a repeatable process for data risk management. The Company’s SecureSphere offers database security solutions to secure sensitive data stored in databases, File Security solutions to protect sensitive files on file servers, storage devices, content repositories, and meet regulatory compliance mandates and Web Application Security solutions to protect web applications from cyber attacks. Imperva Inc. is headquartered in Redwood Shores, California.”

Insitutional Activity: The institutional sentiment increased to 1.52 in Q2 2016. Its up 0.72, from 0.8 in 2016Q1. The ratio is positive, as 28 funds sold all Imperva Inc shares owned while 37 reduced positions. 39 funds bought stakes while 60 increased positions. They now own 27.14 million shares or 5.78% less from 28.80 million shares in 2016Q1.
Eagle Asset Incorporated holds 0.4% of its portfolio in Imperva Inc (NYSE:IMPV) for 1.34M shares. Schwab Charles Invest Management has 0.01% invested in the company for 97,461 shares. Northern Trust holds 386,648 shares or 0.01% of its portfolio. Creative Planning last reported 0% of its portfolio in the stock. Water Island Capital Ltd Liability holds 2,000 shares or 0% of its portfolio. Blackrock Grp reported 21,944 shares or 0% of all its holdings. State Of Wisconsin Investment Board reported 339,600 shares or 0.06% of all its holdings. Stifel last reported 76,685 shares in the company. Emerald Advisers Pa reported 471,732 shares or 0.98% of all its holdings. Pictet Asset Mngmt Ltd owns 804,552 shares or 0.12% of their US portfolio. Alliancebernstein Ltd Partnership last reported 50,400 shares in the company. The Connecticut-based Aqr Cap Mgmt Ltd Liability has invested 0% in Imperva Inc (NYSE:IMPV). Swiss National Bank & Trust owns 47,939 shares or 0% of their US portfolio. Axa has invested 0.02% of its portfolio in Imperva Inc (NYSE:IMPV). The Ontario – Canada-based Financial Bank Of Montreal Can has invested 0% in Imperva Inc (NYSE:IMPV).

Imperva, Inc. provides cyber-security solutions that protect business-critical data and applications whether in the cloud or on premises. The company has a market cap of $1.76 billion. The Firm operates in the segment of development, marketing, sales, service and support of cyber-security solutions that protect business critical data and applications whether in the cloud or on premises. It currently has negative earnings. The Company’s products include its Imperva SecureSphere platform for enterprise data centers, and Imperva Incapsula and Imperva Skyfence offerings for cloud security services.

IMPV Company Profile

Imperva, Inc., incorporated on April 10, 2002, is designed to provide the visibility and control needed to neutralize attacks, theft and fraud from inside and outside the organization, mitigate risk, and streamline compliance. The Company’s SecureSphere platform provides database, file and web application security across physical and virtual systems in data centers, including traditional on-premise data centers as well as private, public and hybrid cloud computing environments. The Company’s cloud offerings are designed to protect against the unique threats created as enterprises increasingly shift to deploying their applications and storing their data in the cloud. The Firm has two divisions: Imperva, which is comprised of its financial position and results of activities and those of the Company’s wholly owned subsidiaries, and Incapsula, which is comprised of the financial position and results of activities of the Company’s majority owned subsidiary. The Company’s products include SecureSphere data security suite for enterprise data centers and its cloud security services that it provides through Incapsula for mid-market enterprises and small and medium business (SMBs). The Company’s solution includes database security, file security and Web application security.

More important recent Imperva Inc (NYSE:IMPV) news were published by: which released: “Imperva Inc. Reaches Analyst Target Price” on October 04, 2016, also published article titled: “Why Imperva Inc. Stock Soared Today”, published: “Imperva Said to Draw Acquisition Interest From Cisco, IBM” on September 22, 2016. More interesting news about Imperva Inc (NYSE:IMPV) was released by: and their article: “Why Twitter Inc (TWTR), Imperva Inc (IMPV) and Bats Global Markets Inc (BATS …” with publication date: September 23, 2016.

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