Imperva (NYSE:IMPV) Share Price May Be About to Change Direction; Oppenheimer Downgrades Them

July 27, 2018 - By Carolyn Hewitt

Imperva, Inc. (NASDAQ:IMPV) Logo

Investors sentiment increased to 1.82 in 2018 Q1. Its up 0.88, from 0.94 in 2017Q4. It is positive, as 14 investors sold Imperva, Inc. shares while 42 reduced holdings. 43 funds opened positions while 59 raised stakes. 30.52 million shares or 2.00% more from 29.92 million shares in 2017Q4 were reported.

Amer National Registered Advisor holds 0.12% or 5,655 shares in its portfolio. Macquarie Group holds 0% or 300 shares. G2 Investment Lc invested in 0.19% or 11,300 shares. Clearbridge Investments Ltd Company has invested 0.05% in Imperva, Inc. (NASDAQ:IMPV). Walleye Trading Limited Liability Co owns 0% invested in Imperva, Inc. (NASDAQ:IMPV) for 2,669 shares. 702 were accumulated by Pnc Svcs Group. Renaissance Grp Limited Company reported 0.01% in Imperva, Inc. (NASDAQ:IMPV). Stanley owns 122,814 shares. Bluecrest Capital Mngmt Limited invested in 0.01% or 8,697 shares. Moreover, Koch Industry has 0.04% invested in Imperva, Inc. (NASDAQ:IMPV). Segall Bryant Hamill Ltd Liability Com, a Illinois-based fund reported 110,152 shares. Smith Asset Mgmt Group Inc Limited Partnership invested 0.07% of its portfolio in Imperva, Inc. (NASDAQ:IMPV). Harber Asset Mngmt Ltd Liability Corp owns 58,715 shares or 0.82% of their US portfolio. Indexiq Ltd Limited Liability Company owns 45,592 shares for 0.06% of their portfolio. Lucus Advsr Limited Liability Corp holds 0.37% or 4,865 shares in its portfolio.

Imperva (NYSE:IMPV) Receives a Downgrade

In analysts note issued to clients and investors on Friday morning, Oppenheimer has decided to downgraded rating on Imperva (NYSE:IMPV) shares to a Perform. IMPV’s prior rating was a Outperform.

Imperva, Inc. (NASDAQ:IMPV) Ratings Coverage

Among 7 analysts covering Imperva (NYSE:IMPV), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Imperva has $5600 highest and $39 lowest target. $52.20’s average target is -7.94% below currents $56.7 stock price. Imperva had 7 analyst reports since February 9, 2018 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, February 8. The stock of Imperva, Inc. (NASDAQ:IMPV) has “Underweight” rating given on Friday, February 9 by Morgan Stanley. The stock of Imperva, Inc. (NASDAQ:IMPV) has “Buy” rating given on Monday, April 23 by RBC Capital Markets. The firm has “Overweight” rating by PiperJaffray given on Friday, February 9. On Tuesday, July 10 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. The firm earned “Buy” rating on Wednesday, April 11 by DA Davidson.

The stock increased 0.18% or $0.1 during the last trading session, reaching $56.7. About 332,364 shares traded or 11.72% up from the average. Imperva, Inc. (NYSE:IMPV) has declined 4.14% since July 27, 2017 and is downtrending. It has underperformed by 16.71% the S&P500.

Imperva, Inc. engages in the development, market, sale, and support of cyber security solutions that protect business critical data and applications in the cloud or on premises worldwide. The company has market cap of $1.97 billion. The companyÂ’s SecureSphere product line provides database, file, and Web application security in various data centers, including on-premise data centers, as well as private, public, and hybrid cloud computing environments. It currently has negative earnings. The Company’s SecureSphere product also secures business-critical applications and data; and provides an accelerated route to address regulatory compliance and establishes a repeatable process for data risk management.

More notable recent Imperva, Inc. (NASDAQ:IMPV) news were published by: Seekingalpha.com which released: “Proofpoint, Mimecast, And Imperva: Leaders Of Protecting My Email” on July 18, 2018, also Businesswire.com with their article: “Imperva to Acquire DevOps Security Leader Prevoty” published on July 26, 2018, Benzinga.com published: “Investors Underappreciate Imperva’s Restructuring Efforts, Product Strategy, KeyBanc Says In Upgrade” on July 10, 2018. More interesting news about Imperva, Inc. (NASDAQ:IMPV) were released by: Businesswire.com and their article: “Imperva Announces Second Quarter 2018 Financial Results” published on July 26, 2018 as well as Streetinsider.com‘s news article titled: “Imperva (IMPV) Announces Acquisition of Prevoty for $140M” with publication date: July 26, 2018.

Imperva, Inc. (NASDAQ:IMPV) Institutional Positions Chart

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