Imperva Inc (IMPV): Shlomo Kramer , 10% owner of Imperva Inc sold 75,000 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $34.30 per share for a total value of $2,562,128.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 4, 2016, Amichai Shulman (Chief Technology Officer) sold 3,938 shares at $50.02 per share price.On Feb 25, 2016, Terrence J. Schmid (Chief Financial Officer) sold 6,500 shares at $41.82 per share price.Also, On Feb 18, 2016, Mark E. Kraynak (SVP & GM of Enterprise Bus.) sold 2,758 shares at $40.04 per share price.On Feb 8, 2016, Albert A Pimentel (director) purchased 5,000 shares at $39.12 per share price.
Imperva Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Imperva Inc which led to swings in the share price. The shares opened for trading at $34.2 and hit $34.68 on the upside , eventually ending the session at $34.66, with a gain of 1.58% or 0.54 points. The heightened volatility saw the trading volume jump to 8,27,431 shares. The 52-week high of the share price is $77.99 and the company has a market cap of $1,118 M . The 52-week low of the share price is at $31.11.
Company has been under the radar of several Street Analysts.Imperva Inc is Downgraded by Needham to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 6, 2016.Imperva Inc is Reiterated by Wunderlich to Buy while Lowering the Price Target of the company shares to $ 50 from a previous price target of $62 . The Rating was issued on May 6, 2016.Imperva Inc is Downgraded by Morgan Stanley to Underweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Apr 21, 2016.
Imperva Inc. provides cyber-security solutions that protect business-critical data and applications. The Companys suite of cyber-security offerings enables organizations to discover data and application assets and vulnerabilities to protect information. Its Imperva SecureSphere platform provides database file and Web application security across various physical and virtual systems in data centers. Its Imperva Incapsula product line provides cloud-based Website security denial of service protection and performance solutions. Its Imperva Skyfence product line provides visibility into and control over cloud and Software-as-a-Service applications including shadow information technology. In addition all of its cloud offerings protect against the threats created as the enterprises shift to deploying their applications and storing their data in the cloud. Its SecureSphere product line secures business-critical applications and data from hackers and malicious insiders.