What Can We Expect After Imperva (NYSE:IMPV)’s Upgrade By Morgan Stanley?

October 11, 2018 - By William Brooks

Imperva, Inc. (NASDAQ:IMPV) Logo

Investors sentiment decreased to 1.09 in Q2 2018. Its down 0.73, from 1.82 in 2018Q1. It turned negative, as 30 investors sold Imperva, Inc. shares while 49 reduced holdings. 26 funds opened positions while 60 raised stakes. 29.66 million shares or 2.81% less from 30.52 million shares in 2018Q1 were reported.

Moreover, Symmetry Peak Mgmt Ltd has 0.05% invested in Imperva, Inc. (NASDAQ:IMPV). Herald Investment Mngmt Ltd stated it has 0.67% of its portfolio in Imperva, Inc. (NASDAQ:IMPV). Ameritas Investment Ptnrs Inc has 2,940 shares for 0.01% of their portfolio. Northern Tru reported 435,645 shares. Piermont Capital Mngmt reported 0.11% stake. Alphaone Inv Ser Llc stated it has 2,450 shares. Sessa Cap Im L P owns 109,464 shares. Moreover, First Midwest Fincl Bank Trust Division has 0.06% invested in Imperva, Inc. (NASDAQ:IMPV) for 9,052 shares. Emerald Mutual Fund Advisers reported 375,919 shares. Moody Bank & Trust Trust Division invested in 5,180 shares. Renaissance Grp Inc Ltd Liability Corp reported 0.02% stake. Ny State Common Retirement Fund reported 0% stake. Vanguard holds 2.87M shares or 0.01% of its portfolio. Fincl Bank Of Nova Scotia reported 69,000 shares. 2.36M were accumulated by Blackrock Inc.

Imperva (NYSE:IMPV) Stock Upgrade

It will be interesting to watch today’s trading of shares of Imperva (NYSE:IMPV) as Morgan Stanley increased the stock from a “Underweight” to a respectable “Equal-Weight”.

Imperva, Inc. (NASDAQ:IMPV) Ratings Coverage

Among 8 analysts covering Imperva (NYSE:IMPV), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Imperva has $5400 highest and $48 lowest target. $56.43’s average target is 2.24% above currents $55.195 stock price. Imperva had 8 analyst reports since April 23, 2018 according to SRatingsIntel. DA Davidson downgraded Imperva, Inc. (NASDAQ:IMPV) on Friday, July 27 to “Neutral” rating. RBC Capital Markets maintained Imperva, Inc. (NASDAQ:IMPV) rating on Monday, April 23. RBC Capital Markets has “Buy” rating and $5400 target. The firm has “Hold” rating given on Friday, July 27 by Stifel Nicolaus. The stock of Imperva, Inc. (NASDAQ:IMPV) has “Underweight” rating given on Friday, July 27 by JP Morgan. The stock of Imperva, Inc. (NASDAQ:IMPV) has “Perform” rating given on Friday, July 27 by Oppenheimer. The firm has “Overweight” rating by KeyBanc Capital Markets given on Tuesday, July 10. Monness Crespi & Hardt downgraded Imperva, Inc. (NASDAQ:IMPV) on Friday, July 27 to “Neutral” rating.

The stock increased 0.15% or $0.085 during the last trading session, reaching $55.195. About 2.11M shares traded or 331.83% up from the average. Imperva, Inc. (NYSE:IMPV) has risen 1.98% since October 11, 2017 and is uptrending. It has underperformed by 13.64% the S&P500.

Analysts await Imperva, Inc. (NASDAQ:IMPV) to report earnings on November, 14. They expect $-0.20 earnings per share, down 1,900.00 % or $0.19 from last year’s $-0.01 per share. After $-0.58 actual earnings per share reported by Imperva, Inc. for the previous quarter, Wall Street now forecasts -65.52 % EPS growth.

Imperva, Inc. engages in the development, market, sale, and support of cyber security solutions that protect business critical data and applications in the cloud or on premises worldwide. The company has market cap of $1.93 billion. The companyÂ’s SecureSphere product line provides database, file, and Web application security in various data centers, including on-premise data centers, as well as private, public, and hybrid cloud computing environments. It currently has negative earnings. The Company’s SecureSphere product also secures business-critical applications and data; and provides an accelerated route to address regulatory compliance and establishes a repeatable process for data risk management.

More notable recent Imperva, Inc. (NASDAQ:IMPV) news were published by: Nasdaq.com which released: “Mid-Afternoon Market Update: Dow Falls Over 500 Points; Imperva Shares Surge” on October 10, 2018, also Seekingalpha.com with their article: “Imperva will be acquired for $2.1B, releases preliminary Q3 results” published on October 10, 2018, Bizjournals.com published: “Bay Area tech stocks hammered as market plunges” on October 10, 2018. More interesting news about Imperva, Inc. (NASDAQ:IMPV) were released by: Streetinsider.com and their article: “Morgan Stanley Upgrades Imperva (IMPV) to Equalweight Following Acquisition” published on October 11, 2018 as well as Globenewswire.com‘s news article titled: “Bragar Eagel & Squire, PC is Investigating the Board of Directors of Imperva, Inc. (IMPV) on Behalf of Stockholders and …” with publication date: October 10, 2018.

Imperva, Inc. (NASDAQ:IMPV) Institutional Positions Chart

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