Clearbridge Investments LLC grew its stake in shares of Imperva Inc (NASDAQ:IMPV) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,274,850 shares of the software maker’s stock after purchasing an additional 10,099 shares during the period. Clearbridge Investments LLC owned approximately 3.75% of Imperva worth $50,612,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Asset Management Inc. raised its holdings in shares of Imperva by 2.6% in the 4th quarter. Eagle Asset Management Inc. now owns 1,327,919 shares of the software maker’s stock worth $52,872,000 after acquiring an additional 33,268 shares during the last quarter. Carillon Tower Advisers Inc. acquired a new stake in shares of Imperva in the 4th quarter worth about $36,802,000. Alyeska Investment Group L.P. increased its stake in Imperva by 89.3% in the 3rd quarter. Alyeska Investment Group L.P. now owns 907,615 shares of the software maker’s stock valued at $39,390,000 after buying an additional 428,163 shares during the last quarter. Renaissance Technologies LLC increased its stake in Imperva by 55.2% in the 4th quarter. Renaissance Technologies LLC now owns 798,100 shares of the software maker’s stock valued at $31,685,000 after buying an additional 283,700 shares during the last quarter. Finally, North Run Capital LP increased its stake in Imperva by 6.3% in the 4th quarter. North Run Capital LP now owns 629,659 shares of the software maker’s stock valued at $24,997,000 after buying an additional 37,058 shares during the last quarter.
Several equities research analysts have commented on IMPV shares. JPMorgan Chase & Co. lowered shares of Imperva from a “neutral” rating to an “underweight” rating and set a $45.00 price objective for the company. in a research note on Tuesday, December 12th. BidaskClub lowered shares of Imperva from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Zacks Investment Research lowered shares of Imperva from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Piper Jaffray Companies upgraded shares of Imperva from a “neutral” rating to an “overweight” rating and set a $52.00 price objective for the company in a research note on Friday, February 9th. Finally, Evercore ISI set a $56.00 target price on shares of Imperva and gave the company a “buy” rating in a research report on Friday, February 9th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $53.14.
Imperva Inc (NASDAQ IMPV) opened at $46.75 on Wednesday. Imperva Inc has a 52-week low of $37.17 and a 52-week high of $52.40.
Imperva (NASDAQ:IMPV) last issued its earnings results on Thursday, February 8th. The software maker reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.13. The company had revenue of $91.10 million for the quarter, compared to analysts’ expectations of $91.11 million. Imperva had a net margin of 7.11% and a negative return on equity of 3.28%. The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 EPS. equities research analysts predict that Imperva Inc will post -0.17 earnings per share for the current fiscal year.
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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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