Imperva Inc (NYSE:IMPV) had its price target upped by Monness Crespi & Hardt from $52.00 to $55.00 in a report published on Friday, May 5th. The brokerage currently has a buy rating on the software maker’s stock.

IMPV has been the subject of a number of other research reports. Zacks Investment Research lowered Imperva from a hold rating to a sell rating in a research note on Monday, February 13th. BTIG Research assumed coverage on Imperva in a research note on Thursday, February 9th. They set a neutral rating for the company. Royal Bank of Canada restated an outperform rating and set a $52.00 price objective (up previously from $45.00) on shares of Imperva in a research note on Thursday, February 9th. Evercore ISI restated a buy rating and set a $56.00 price objective on shares of Imperva in a research note on Friday, May 5th. Finally, DA Davidson restated a buy rating and set a $55.00 price objective on shares of Imperva in a research note on Wednesday, March 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $48.42.

Imperva (NYSE:IMPV) traded down 0.52% on Friday, reaching $47.40. 88,076 shares of the company’s stock were exchanged. The firm’s market cap is $1.59 billion. Imperva has a one year low of $34.25 and a one year high of $57.24. The firm has a 50 day moving average price of $44.03 and a 200 day moving average price of $41.24.

Imperva (NYSE:IMPV) last released its earnings results on Thursday, May 4th. The software maker reported ($0.29) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.62) by $0.33. Imperva had a negative return on equity of 28.37% and a negative net margin of 25.60%. The firm had revenue of $72.31 million for the quarter, compared to the consensus estimate of $68.16 million. During the same period in the prior year, the business posted ($0.25) earnings per share. The firm’s revenue for the quarter was up 21.0% compared to the same quarter last year. On average, equities analysts anticipate that Imperva will post $0.45 earnings per share for the current year.

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In other Imperva news, CFO Terrence J. Schmid sold 4,500 shares of the business’s stock in a transaction on Tuesday, February 21st. The shares were sold at an average price of $45.53, for a total transaction of $204,885.00. Following the sale, the chief financial officer now owns 432 shares of the company’s stock, valued at $19,668.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Sunil D. Nagdev sold 4,857 shares of the business’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $49.00, for a total transaction of $237,993.00. Following the sale, the senior vice president now directly owns 16,290 shares in the company, valued at approximately $798,210. The disclosure for this sale can be found here. Insiders sold 201,149 shares of company stock worth $9,091,262 over the last three months. 2.20% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. acquired a new position in shares of Imperva during the first quarter worth approximately $102,000. KCG Holdings Inc. acquired a new position in shares of Imperva during the first quarter worth approximately $201,000. Seven Eight Capital LP acquired a new position in shares of Imperva during the fourth quarter worth approximately $207,000. US Bancorp DE raised its position in shares of Imperva by 142.3% in the first quarter. US Bancorp DE now owns 5,386 shares of the software maker’s stock worth $221,000 after buying an additional 3,163 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Imperva during the first quarter worth approximately $224,000. Institutional investors own 92.72% of the company’s stock.

About Imperva

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.

5 Day Chart for NYSE:IMPV

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