Emerald Advisers Inc. PA lowered its holdings in Imperva Inc (NASDAQ:IMPV) by 48.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 341,412 shares of the software maker’s stock after selling 315,593 shares during the period. Emerald Advisers Inc. PA owned about 1.00% of Imperva worth $13,554,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Schwab Charles Investment Management Inc. lifted its holdings in Imperva by 10.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 131,762 shares of the software maker’s stock worth $6,305,000 after purchasing an additional 12,287 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in Imperva during the 2nd quarter worth about $223,000. Alliancebernstein L.P. lifted its holdings in Imperva by 16.9% during the 2nd quarter. Alliancebernstein L.P. now owns 55,950 shares of the software maker’s stock worth $2,677,000 after purchasing an additional 8,100 shares in the last quarter. Teachers Advisors LLC lifted its holdings in Imperva by 24.5% during the 2nd quarter. Teachers Advisors LLC now owns 60,378 shares of the software maker’s stock worth $2,889,000 after purchasing an additional 11,896 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its holdings in Imperva by 23.1% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 172,451 shares of the software maker’s stock worth $8,252,000 after purchasing an additional 32,388 shares in the last quarter. 93.61% of the stock is currently owned by institutional investors and hedge funds.
A number of equities analysts have weighed in on IMPV shares. Evercore ISI set a $56.00 target price on Imperva and gave the stock a “buy” rating in a research note on Thursday, October 19th. Royal Bank of Canada restated a “buy” rating and issued a $49.00 target price on shares of Imperva in a research note on Wednesday, October 18th. Oppenheimer reiterated a “buy” rating and set a $55.00 price objective on shares of Imperva in a research report on Thursday, November 9th. BidaskClub upgraded Imperva from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $47.00 price objective (down from $50.00) on shares of Imperva in a research report on Thursday, November 9th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $52.93.
Imperva Inc (NASDAQ:IMPV) traded up $0.10 on Wednesday, hitting $46.00. The stock had a trading volume of 857,900 shares, compared to its average volume of 379,559. The stock has a market cap of $1,560.00, a PE ratio of 68.21 and a beta of 1.79. Imperva Inc has a 52 week low of $37.17 and a 52 week high of $52.40.
Imperva (NASDAQ:IMPV) last released its earnings results on Thursday, February 8th. The software maker reported $0.40 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.13. Imperva had a negative return on equity of 3.37% and a net margin of 7.11%. The company had revenue of $91.10 million during the quarter, compared to analysts’ expectations of $91.11 million. During the same quarter last year, the business posted $0.32 EPS. The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. equities analysts expect that Imperva Inc will post -0.82 EPS for the current fiscal year.
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Imperva, Inc provides cyber-security solutions that protect business-critical data and applications whether in the cloud or on premises. The Company is engaged in the development, marketing, sales, service and support of cyber-security solutions. The Company’s products include its Imperva SecureSphere Paltform, Imperva CounterBreach and Imperva Camouflage for enterprise data centers, and Imperva Incapsula offering for cloud-based security services.
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