Kopp Investment Advisors LLC lowered its position in shares of Imperva Inc (NASDAQ:IMPV) by 4.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,637 shares of the software maker’s stock after selling 2,246 shares during the quarter. Imperva accounts for about 1.9% of Kopp Investment Advisors LLC’s investment portfolio, making the stock its 18th largest position. Kopp Investment Advisors LLC owned approximately 0.14% of Imperva worth $1,891,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of IMPV. Carillon Tower Advisers Inc. purchased a new position in Imperva during the fourth quarter valued at approximately $36,802,000. Alyeska Investment Group L.P. lifted its holdings in Imperva by 89.3% during the third quarter. Alyeska Investment Group L.P. now owns 907,615 shares of the software maker’s stock valued at $39,390,000 after purchasing an additional 428,163 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Imperva by 171.4% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 475,000 shares of the software maker’s stock valued at $20,702,000 after purchasing an additional 300,000 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Imperva by 55.2% during the fourth quarter. Renaissance Technologies LLC now owns 798,100 shares of the software maker’s stock valued at $31,685,000 after purchasing an additional 283,700 shares in the last quarter. Finally, American Century Companies Inc. purchased a new position in Imperva during the third quarter valued at approximately $6,832,000.
Shares of Imperva Inc (NASDAQ:IMPV) opened at $46.85 on Monday. Imperva Inc has a 12 month low of $37.17 and a 12 month high of $52.40.
In other Imperva news, CRO Michael D. Mooney sold 24,454 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $47.18, for a total transaction of $1,153,739.72. Following the transaction, the executive now owns 24,454 shares in the company, valued at $1,153,739.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Anthony J. Bettencourt sold 66,037 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $46.98, for a total transaction of $3,102,418.26. Following the transaction, the director now owns 66,037 shares in the company, valued at approximately $3,102,418.26. The disclosure for this sale can be found here. 1.90% of the stock is owned by corporate insiders.
Several brokerages have weighed in on IMPV. ValuEngine downgraded shares of Imperva from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Evercore ISI set a $56.00 price target on shares of Imperva and gave the company a “buy” rating in a report on Friday, February 9th. Piper Jaffray Companies raised shares of Imperva from a “neutral” rating to an “overweight” rating and set a $52.00 price target on the stock in a report on Friday, February 9th. Imperial Capital boosted their target price on shares of Imperva from $50.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Finally, BidaskClub raised shares of Imperva from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $53.14.
COPYRIGHT VIOLATION WARNING: This report was reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.americanbankingnews.com/2018/03/12/kopp-investment-advisors-llc-has-1-89-million-holdings-in-imperva-inc-impv.html.
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.
Receive News & Ratings for Imperva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperva and related companies with MarketBeat.com's FREE daily email newsletter.