BidaskClub downgraded shares of Imperva Inc (NYSE:IMPV) from a buy rating to a hold rating in a research report sent to investors on Tuesday.

Other equities analysts have also issued research reports about the stock. Evercore ISI reiterated a buy rating and set a $56.00 price objective on shares of Imperva in a research report on Monday, May 15th. Monness Crespi & Hardt increased their price objective on shares of Imperva from $52.00 to $55.00 and gave the company a buy rating in a research report on Friday, May 5th. TheStreet upgraded shares of Imperva from a d rating to a c rating in a research report on Thursday, May 4th. Stifel Nicolaus reiterated a hold rating and set a $47.00 price objective on shares of Imperva in a research report on Friday, July 14th. Finally, Zacks Investment Research lowered shares of Imperva from a buy rating to a hold rating in a research report on Tuesday, May 9th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $50.39.

Shares of Imperva (NYSE IMPV) traded down 6.54% during trading on Tuesday, reaching $45.05. 1,546,678 shares of the company were exchanged. The company’s market capitalization is $1.52 billion. The stock’s 50 day moving average is $48.94 and its 200 day moving average is $45.08. Imperva has a 1-year low of $34.40 and a 1-year high of $57.24.

Imperva (NYSE:IMPV) last released its quarterly earnings data on Thursday, July 27th. The software maker reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.15. Imperva had a net margin of 31.92% and a return on equity of 36.67%. The business had revenue of $74.44 million for the quarter, compared to the consensus estimate of $74.30 million. During the same quarter last year, the business earned ($0.23) EPS. Imperva’s revenue for the quarter was up 28.6% compared to the same quarter last year. Equities analysts anticipate that Imperva will post $0.45 earnings per share for the current year.

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In related news, CRO Michael D. Mooney sold 52,356 shares of Imperva stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $47.51, for a total value of $2,487,433.56. Following the completion of the sale, the executive now directly owns 52,356 shares in the company, valued at approximately $2,487,433.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Sunil D. Nagdev sold 4,857 shares of Imperva stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $49.00, for a total transaction of $237,993.00. Following the completion of the sale, the senior vice president now owns 16,290 shares of the company’s stock, valued at $798,210. The disclosure for this sale can be found here. Insiders sold a total of 60,302 shares of company stock worth $2,875,861 over the last 90 days. Company insiders own 2.20% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in IMPV. Kalmar Investments Inc. DE boosted its stake in Imperva by 0.4% in the first quarter. Kalmar Investments Inc. DE now owns 39,808 shares of the software maker’s stock worth $1,634,000 after buying an additional 140 shares during the period. Aperio Group LLC boosted its stake in Imperva by 8.1% in the second quarter. Aperio Group LLC now owns 7,114 shares of the software maker’s stock worth $340,000 after buying an additional 531 shares during the period. US Bancorp DE boosted its stake in Imperva by 11.7% in the second quarter. US Bancorp DE now owns 6,016 shares of the software maker’s stock worth $287,000 after buying an additional 630 shares during the period. American International Group Inc. boosted its stake in Imperva by 7.1% in the first quarter. American International Group Inc. now owns 17,657 shares of the software maker’s stock worth $725,000 after buying an additional 1,167 shares during the period. Finally, Teachers Advisors LLC boosted its stake in Imperva by 2.6% in the first quarter. Teachers Advisors LLC now owns 48,482 shares of the software maker’s stock worth $1,990,000 after buying an additional 1,220 shares during the period. Institutional investors own 92.72% of the company’s stock.

Imperva Company Profile

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.

Analyst Recommendations for Imperva (NYSE:IMPV)

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