The stock of Imperva Inc (NYSE:IMPV) is a huge mover today! About 1.61M shares traded hands or 11.03% up from the average. Imperva Inc (NYSE:IMPV) has declined 28.28% since April 5, 2016 and is downtrending. It has underperformed by 30.24% the S&P500.
The move comes after 7 months positive chart setup for the $1.23 billion company. It was reported on Nov, 7 by Barchart.com. We have $60.06 PT which if reached, will make NYSE:IMPV worth $688.80 million more.
Imperva Inc (NYSE:IMPV) Ratings Coverage
Out of 20 analysts covering Imperva (NYSE:IMPV), 11 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 55% are positive. Imperva has been the topic of 48 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Monday, September 26 by Nomura. The stock of Imperva Inc (NYSE:IMPV) has “Hold” rating given on Thursday, July 14 by Evercore. BTIG Research initiated the shares of IMPV in a report on Thursday, September 10 with “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, August 7. The rating was downgraded by Needham to “Hold” on Friday, May 6. Buckingham Research upgraded Imperva Inc (NYSE:IMPV) on Wednesday, September 2 to “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, August 7. The rating was upgraded by Topeka Capital Markets to “Buy” on Friday, October 30. The rating was maintained by Wunderlich with “Buy” on Friday, May 6. Wunderlich downgraded the shares of IMPV in a report on Friday, August 5 to “Hold” 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 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.
Water Island Cap Limited Liability Company holds 0% of its portfolio in Imperva Inc (NYSE:IMPV) for 2,000 shares. Blackrock Group Limited holds 0% of its portfolio in Imperva Inc (NYSE:IMPV) for 21,944 shares. First Republic Inv Mgmt has 5,400 shares for 0% of their US portfolio. Nationwide Fund Advisors holds 18,797 shares or 0% of its portfolio. Sei Investments has 1,871 shares for 0% of their US portfolio. Goldman Sachs Gp, a New York-based fund reported 157,274 shares. Peak6 Invs Limited Partnership has invested 0.01% of its portfolio in Imperva Inc (NYSE:IMPV). Geneva Ltd Liability has 0.02% invested in the company for 19,485 shares. Jet Capital Invsts L P accumulated 227,098 shares or 0.63% of the stock. Barclays Public Ltd Llc has invested 0% of its portfolio in Imperva Inc (NYSE:IMPV). Engineers Gate Manager Ltd Partnership has invested 0.05% of its portfolio in Imperva Inc (NYSE:IMPV). State Board Of Administration Of Florida Retirement System has invested 0% of its portfolio in Imperva Inc (NYSE:IMPV). Timpani Cap Ltd Co last reported 17,051 shares in the company. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Imperva Inc (NYSE:IMPV). Morgan Stanley has invested 0% of its portfolio in Imperva Inc (NYSE:IMPV).
More news for Imperva Inc (NYSE:IMPV) were recently published by: Fool.com, which released: “Why Imperva, Inc. Stock Plunged Today” on October 19, 2016. Schaeffersresearch.com‘s article titled: “Analyst Upgrades: Skyworks Solutions Inc, Imperva Inc, and TrueCar Inc” and published on November 04, 2016 is yet another important article.
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.
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