Imperva Inc (NYSE:IMPV)‘s stock had its “hold” rating reaffirmed by research analysts at KeyCorp in a note issued to investors on Tuesday.

Several other research firms have also recently commented on IMPV. Evercore ISI set a $56.00 target price on Imperva and gave the stock a “buy” rating in a research note on Friday, July 28th. BidaskClub downgraded Imperva from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Wells Fargo & Company downgraded Imperva from an “outperform” rating to a “market perform” rating in a report on Monday, October 9th. Imperial Capital decreased their price target on Imperva from $57.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, October 10th. Finally, Zacks Investment Research downgraded Imperva from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $51.37.

Shares of Imperva (NYSE:IMPV) traded down 0.80% during midday trading on Tuesday, hitting $43.50. The company had a trading volume of 241,951 shares. The company has a 50-day moving average of $43.75 and a 200 day moving average of $45.97. Imperva has a 12 month low of $34.40 and a 12 month high of $52.40. The firm’s market capitalization is $1.47 billion.

Imperva (NYSE:IMPV) last released its earnings results 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 negative return on equity of 5.00% and a negative net margin of 4.69%. The company had revenue of $74.44 million for the quarter, compared to analyst estimates of $74.30 million. During the same period in the previous year, the firm earned ($0.23) earnings per share. The company’s revenue for the quarter was up 28.6% compared to the same quarter last year. On average, analysts expect that Imperva will post $0.85 EPS for the current fiscal year.

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In other Imperva news, Director Anthony J. Bettencourt sold 99,598 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $43.59, for a total transaction of $4,341,476.82. Following the transaction, the director now owns 99,598 shares in the company, valued at approximately $4,341,476.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hanseatic Management Services Inc. increased its position in Imperva by 0.4% during the 4th quarter. Hanseatic Management Services Inc. now owns 9,476 shares of the software maker’s stock worth $600,000 after purchasing an additional 36 shares during the period. Van ECK Associates Corp grew its holdings in shares of Imperva by 0.8% in the 2nd quarter. Van ECK Associates Corp now owns 8,346 shares of the software maker’s stock worth $399,000 after acquiring an additional 64 shares during the period. Kalmar Investments Inc. DE grew its holdings in shares of Imperva by 0.4% in the 1st quarter. Kalmar Investments Inc. DE now owns 39,808 shares of the software maker’s stock worth $1,634,000 after acquiring an additional 140 shares during the period. Comerica Bank grew its holdings in shares of Imperva by 0.8% in the 2nd quarter. Comerica Bank now owns 19,707 shares of the software maker’s stock worth $978,000 after acquiring an additional 157 shares during the period. Finally, Strs Ohio grew its holdings in shares of Imperva by 1.2% in the 4th quarter. Strs Ohio now owns 16,900 shares of the software maker’s stock worth $1,069,000 after acquiring an additional 200 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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