Brokerages predict that Imperva Inc (NYSE:IMPV) will post $82.29 million in sales for the current fiscal quarter, Zacks reports. Seven analysts have made estimates for Imperva’s earnings. The lowest sales estimate is $82.01 million and the highest is $82.98 million. Imperva posted sales of $68.41 million in the same quarter last year, which suggests a positive year over year growth rate of 20.3%. The firm is scheduled to issue its next quarterly earnings results on Thursday, November 2nd.

On average, analysts expect that Imperva will report full-year sales of $82.29 million for the current year, with estimates ranging from $320.90 million to $322.76 million. For the next year, analysts anticipate that the company will report sales of $379.23 million per share, with estimates ranging from $369.00 million to $386.30 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Imperva.

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 firm had revenue of $74.44 million during the quarter, compared to analyst estimates of $74.30 million. During the same quarter last year, the business posted ($0.23) EPS. The firm’s revenue was up 28.6% on a year-over-year basis.

Several equities research analysts recently commented on the company. UBS AG assumed coverage on Imperva in a research note on Tuesday, June 6th. They issued a “positive” rating and a $60.00 price target for the company. BidaskClub cut Imperva from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Zacks Investment Research raised Imperva from a “hold” rating to a “strong-buy” rating and set a $52.00 price target for the company in a research note on Wednesday, August 2nd. Stifel Nicolaus reissued a “hold” rating and issued a $47.00 price target on shares of Imperva in a research note on Friday, July 14th. Finally, Monness Crespi & Hardt upped their target price on Imperva from $55.00 to $57.00 and gave the stock a “buy” rating in a research report on Friday, July 28th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Imperva presently has an average rating of “Buy” and an average target price of $51.25.

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Shares of Imperva (NYSE:IMPV) opened at 44.20 on Thursday. Imperva has a 1-year low of $34.40 and a 1-year high of $57.24. The firm’s market cap is $1.49 billion. The stock has a 50 day moving average of $47.95 and a 200 day moving average of $45.31.

In other news, SVP Sunil D. Nagdev sold 4,857 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $49.00, for a total value of $237,993.00. Following the completion of the sale, the senior vice president now directly owns 16,290 shares in the company, valued at $798,210. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Amichai Shulman sold 3,089 shares of the firm’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $48.70, for a total value of $150,434.30. Following the completion of the sale, the insider now owns 100,151 shares of the company’s stock, valued at $4,877,353.70. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company’s stock.

Several hedge funds have recently made changes to their positions in IMPV. North Run Capital LP boosted its position in Imperva by 999.3% in the first quarter. North Run Capital LP now owns 750,000 shares of the software maker’s stock valued at $30,788,000 after buying an additional 681,772 shares in the last quarter. Clearbridge Investments LLC boosted its position in Imperva by 47.0% in the first quarter. Clearbridge Investments LLC now owns 1,262,507 shares of the software maker’s stock valued at $51,826,000 after buying an additional 403,809 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in Imperva by 8,392.3% in the first quarter. BNP Paribas Arbitrage SA now owns 200,927 shares of the software maker’s stock valued at $8,248,000 after buying an additional 198,561 shares in the last quarter. Eagle Asset Management Inc. boosted its position in Imperva by 17.7% in the second quarter. Eagle Asset Management Inc. now owns 1,279,848 shares of the software maker’s stock valued at $61,240,000 after buying an additional 192,625 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new position in Imperva during the first quarter valued at about $7,192,000. 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.

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