In today’s session Imperva Inc (IMPV) registered an unusually high (1,374) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious IMPV increase. With 1,374 contracts traded and 60874 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: IMPV161216C00055000 closed last at: $1.5 or 21.1% down. About 3.05 million shares traded hands or 174.77% up from the average. Imperva Inc (NYSE:IMPV) has declined 0.68% since March 16, 2016 and is downtrending. It has underperformed by 6.22% the S&P500.
Analysts await Imperva Inc (NYSE:IMPV) to report earnings on November, 3. They expect $-0.66 EPS, down 247.37% or $0.47 from last year’s $-0.19 per share. After $-0.76 actual EPS 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. $88 is the highest target while $36 is the lowest. The $61.19 average target is 58.32% above today’s ($38.65) stock price. Imperva has been the topic of 47 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Topeka Capital Markets upgraded it to “Buy” rating and $80 target price in Friday, October 30 report. Wunderlich reinitiated it with “Hold” rating and $50 target price in Tuesday, September 13 report. The rating was maintained by Deutsche Bank on Friday, August 7 with “Buy”. The firm has “Outperform” rating by Oppenheimer given on Wednesday, August 5. The stock of Imperva Inc (NYSE:IMPV) has “Outperform” rating given on Monday, August 10 by Imperial Capital. Imperial Capital maintained it with “Outperform” rating and $55 target price in Wednesday, May 18 report. RBC Capital Markets maintained Imperva Inc (NYSE:IMPV) rating on Friday, August 7. RBC Capital Markets has “Outperform” rating and $80 price target. BTIG Research initiated Imperva Inc (NYSE:IMPV) rating on Thursday, September 10. BTIG Research has “Buy” rating and $72 price target. The company was maintained on Friday, February 5 by Imperial Capital. Needham maintained Imperva Inc (NYSE:IMPV) on Friday, August 7 with “Buy” rating.
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 increased, 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.
Goldman Sachs has 0% invested in the company for 157,274 shares. Geneva Ltd Limited Liability Company reported 19,485 shares or 0.02% of all its holdings. Moreover, Nationwide Fund has 0% invested in Imperva Inc (NYSE:IMPV) for 18,797 shares. Princeton Alpha Mgmt Lp holds 14,108 shares or 0.11% of its portfolio. Moreover, Herald Invest Mgmt Limited has 0.9% invested in Imperva Inc (NYSE:IMPV) for 50,000 shares. Schwab Charles Investment has 0.01% invested in the company for 97,461 shares. Evercore Wealth Management Ltd Com has 1,888 shares for 0% of their US portfolio. Jacobs Levy Equity reported 52,350 shares or 0.05% of all its holdings. Emerald Mutual Fund Advisers Trust last reported 477,378 shares in the company. Citadel Advisors Ltd last reported 539,703 shares in the company. Elk Creek Prns Ltd Liability last reported 343,824 shares in the company. Mutual Of America Capital Mgmt Limited Liability Com reported 34,950 shares or 0.03% of all its holdings. Teacher Retirement Of Texas has 0% invested in the company for 3,975 shares. Victory Capital Mgmt Inc holds 0% of its portfolio in Imperva Inc (NYSE:IMPV) for 816 shares. Blackrock Group Ltd reported 21,944 shares or 0% of all its holdings.
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 $1.25 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 Companyâ€™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 Companyâ€™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 Companyâ€™s wholly owned subsidiaries, and Incapsula, which is comprised of the financial position and results of activities of the Companyâ€™s majority owned subsidiary. The Companyâ€™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 Companyâ€™s solution includes database security, file security and Web application security.
More important recent Imperva Inc (NYSE:IMPV) news were published by: Fool.com which released: “Why Imperva Inc. Stock Soared Today” on September 23, 2016, also Bloomberg.com published article titled: “Imperva Said to Draw Acquisition Interest From Cisco, IBM”, Marketwatch.com published: “Imperva shares rally on report of acquisition interest” on September 22, 2016. More interesting news about Imperva Inc (NYSE:IMPV) was released by: Nasdaq.com and their article: “Imperva Inc. Reaches Analyst Target Price” with publication date: October 04, 2016.
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