Imperva Inc (NASDAQ:IMPV) – Analysts at DA Davidson issued their Q1 2019 earnings estimates for shares of Imperva in a research report issued to clients and investors on Tuesday, April 10th, according to Zacks Investment Research. DA Davidson analyst M. Kelleher forecasts that the software maker will post earnings of $0.02 per share for the quarter. DA Davidson currently has a “Buy” rating and a $56.00 target price on the stock. DA Davidson also issued estimates for Imperva’s Q2 2019 earnings at $0.10 EPS, Q3 2019 earnings at $0.19 EPS and Q4 2019 earnings at $0.32 EPS.
Several other equities analysts also recently issued reports on IMPV. BidaskClub raised shares of Imperva from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research downgraded shares of Imperva from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 11th. Evercore ISI set a $56.00 price target on shares of Imperva and gave the stock a “buy” rating in a research note on Friday, February 9th. Piper Jaffray raised shares of Imperva from a “neutral” rating to an “overweight” rating and set a $52.00 price target on the stock in a research note on Friday, February 9th. Finally, Imperial Capital increased their price target on shares of Imperva from $50.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $53.21.
Shares of IMPV opened at $49.35 on Friday. The company has a market cap of $1,658.51, a P/E ratio of -176.25, a PEG ratio of 54.46 and a beta of 1.67. Imperva has a 1 year low of $37.17 and a 1 year high of $52.40.
Imperva (NASDAQ:IMPV) last announced its quarterly earnings data on Thursday, February 8th. The software maker reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.13. The business had revenue of $91.10 million for the quarter, compared to the consensus estimate of $91.11 million. Imperva had a net margin of 7.11% and a negative return on equity of 3.28%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 earnings per share.
In other news, Director Anthony J. Bettencourt sold 66,037 shares of the stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $46.98, for a total value of $3,102,418.26. Following the completion of the sale, the director now owns 66,037 shares of the company’s stock, valued at $3,102,418.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Michael D. Mooney sold 24,454 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $47.18, for a total transaction of $1,153,739.72. Following the completion of the sale, the executive now directly owns 24,454 shares of the company’s stock, valued at approximately $1,153,739.72. The disclosure for this sale can be found here. 1.10% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new stake in Imperva during the 3rd quarter valued at $134,000. Quadrature Capital Ltd acquired a new stake in Imperva during the 4th quarter valued at $224,000. Koch Industries Inc. acquired a new stake in Imperva during the 4th quarter valued at $229,000. Principal Financial Group Inc. grew its holdings in Imperva by 51.7% during the 3rd quarter. Principal Financial Group Inc. now owns 7,067 shares of the software maker’s stock valued at $307,000 after purchasing an additional 2,409 shares in the last quarter. Finally, Renaissance Group LLC acquired a new stake in Imperva during the 4th quarter valued at $341,000.
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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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