What Can We Expect After Imperva (NYSE:IMPV)’s Downgrade By Macquarie?

October 11, 2018 - By Ash

Imperva, Inc. (NASDAQ:IMPV) Logo

Investors sentiment decreased to 1.09 in 2018 Q2. Its down 0.73, from 1.82 in 2018Q1. It is 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.

Anchor Cap Advsr Ltd Company owns 0.06% invested in Imperva, Inc. (NASDAQ:IMPV) for 31,998 shares. Engineers Gate Manager Lp has invested 0.08% in Imperva, Inc. (NASDAQ:IMPV). Employees Retirement Association Of Colorado stated it has 0% in Imperva, Inc. (NASDAQ:IMPV). Amalgamated Retail Bank reported 5,329 shares. 13D Ltd Com holds 219,776 shares or 2.7% of its portfolio. Goldman Sachs accumulated 916,140 shares. Millennium Mngmt Ltd Liability Company reported 0.02% of its portfolio in Imperva, Inc. (NASDAQ:IMPV). Indexiq Advsr Ltd Liability holds 50,517 shares. 14,398 are owned by Marshall Wace Limited Liability Partnership. Point72 Asset Mgmt Ltd Partnership has invested 0.02% in Imperva, Inc. (NASDAQ:IMPV). Cambiar Limited Liability Com holds 0.09% or 110,080 shares in its portfolio. Legal General Group Public Llc has 519,725 shares for 0.02% of their portfolio. 94,593 are held by Amer Century Cos Inc. Ameriprise Fincl holds 0% or 155,657 shares. Gsa Capital Ptnrs Llp, a United Kingdom-based fund reported 24,348 shares.

Imperva (NYSE:IMPV) Receives a Downgrade

It appears that trading for shares of Imperva (NYSE:IMPV) will be interesting to watch today. Macquarie lowered the stock from their past “Outperform” rating to a more current “Neutral”.

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 1.86% above currents $55.4 stock price. Imperva had 8 analyst reports since April 23, 2018 according to SRatingsIntel. The stock of Imperva, Inc. (NASDAQ:IMPV) has “Hold” rating given on Friday, July 27 by Stifel Nicolaus. The stock of Imperva, Inc. (NASDAQ:IMPV) earned “Neutral” rating by Monness Crespi & Hardt on Friday, July 27. The stock of Imperva, Inc. (NASDAQ:IMPV) has “Perform” rating given on Friday, July 27 by Oppenheimer. KeyBanc Capital Markets upgraded the shares of IMPV in report on Tuesday, July 10 to “Overweight” rating. The rating was downgraded by DA Davidson on Friday, July 27 to “Neutral”. The stock has “Buy” rating by RBC Capital Markets on Monday, April 23. The firm earned “Underweight” rating on Friday, July 27 by JP Morgan.

The stock increased 0.53% or $0.29 during the last trading session, reaching $55.4. About 807,636 shares traded or 65.48% 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 $1.94 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: Globenewswire.com which released: “Bragar Eagel & Squire, PC is Investigating the Board of Directors of Imperva, Inc. (IMPV) on Behalf of Stockholders and …” on October 10, 2018, also Streetinsider.com with their article: “Macquarie Downgrades Imperva (IMPV) to Neutral Following Acquisition” published on October 11, 2018, Benzinga.com published: “41 Biggest Movers From Yesterday” on October 11, 2018. More interesting news about Imperva, Inc. (NASDAQ:IMPV) were released by: Seekingalpha.com and their article: “Imperva will be acquired for $2.1B, releases preliminary Q3 results” published on October 10, 2018 as well as Streetinsider.com‘s news article titled: “Morgan Stanley Upgrades Imperva (IMPV) to Equalweight Following Acquisition” with publication date: October 11, 2018.

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

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