Dynamic Technology Lab Private Ltd Has $232,000 Holdings in Imperva, Inc. (IMPV)
Dynamic Technology Lab Private Ltd trimmed its position in shares of Imperva, Inc. (NASDAQ:IMPV) by 57.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,354 shares of the software maker’s stock after selling 7,279 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Imperva were worth $232,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of IMPV. ETF Managers Group LLC acquired a new stake in shares of Imperva in the 2nd quarter worth approximately $41,888,000. BlackRock Inc. lifted its stake in shares of Imperva by 11.3% in the 2nd quarter. BlackRock Inc. now owns 2,124,043 shares of the software maker’s stock worth $101,635,000 after acquiring an additional 215,170 shares during the period. Eagle Asset Management Inc. lifted its stake in shares of Imperva by 17.7% in the 2nd quarter. Eagle Asset Management Inc. now owns 1,279,848 shares of the software maker’s stock worth $61,240,000 after acquiring an additional 192,625 shares during the period. Quantitative Investment Management LLC acquired a new stake in shares of Imperva in the 2nd quarter worth approximately $8,546,000. Finally, American Century Companies Inc. acquired a new stake in shares of Imperva in the 3rd quarter worth approximately $6,832,000. 96.95% of the stock is owned by hedge funds and other institutional investors.
A number of brokerages have recently weighed in on IMPV. Evercore ISI set a $56.00 price target on shares of Imperva and gave the stock a “buy” rating in a research note on Thursday, August 10th. Zacks Investment Research lowered shares of Imperva from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Piper Jaffray Companies set a $58.00 price target on shares of Imperva and gave the stock a “buy” rating in a research note on Monday, August 28th. BidaskClub raised shares of Imperva from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $47.00 price target (down from $50.00) on shares of Imperva in a research note on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $52.38.
Shares of Imperva, Inc. (NASDAQ IMPV) opened at $41.00 on Thursday. Imperva, Inc. has a one year low of $35.80 and a one year high of $52.40.
Imperva (NASDAQ:IMPV) last released its earnings results on Wednesday, November 8th. The software maker reported $0.33 EPS for the quarter, beating the consensus estimate of $0.22 by $0.11. Imperva had a net margin of 3.04% and a negative return on equity of 8.52%. The business had revenue of $83.89 million during the quarter, compared to analyst estimates of $83.79 million. During the same period in the prior year, the business earned $0.08 earnings per share. The business’s quarterly revenue was up 22.6% on a year-over-year basis. equities analysts expect that Imperva, Inc. will post -0.52 earnings per share for the current year.
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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.
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