Imperva Inc (IMPV): Terrence J. Schmid , Chief Financial Officer of Imperva Inc sold 5,000 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 1, 2016 to the Securities and Exchange Commission. The shares were sold at $37.66 per share for a total value of $188,300.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Anthony J Bettencourt (Chairman, President and CEO) sold 50,000 shares at $36.15 per share price.On May 20, 2016, Shlomo Kramer (10% owner) sold 50,000 shares at $34.40 per share price.Also, On May 17, 2016, Amichai Shulman (Chief Technology Officer) sold 3,000 shares at $46.52 per share price.On May 17, 2016, Terrence J. Schmid (Chief Financial Officer) sold 7,000 shares at $33.99 per share price.
Shares of Imperva Inc (IMPV) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.16% at $38.12 with 4,29,939 shares getting traded. Post opening the session at $38.06, the shares hit an intraday low of $37.72 and an intraday high of $38.3 and the price vacillated in this range throughout the day. The company has a market cap of $1,230 M and the number of outstanding shares has been calculated to be 3,22,61,081 shares. The 52-week high of Imperva Inc is $77.99 and the 52-week low is $31.11.
Company has been under the radar of several Street Analysts.Imperva Inc is Reiterated by Imperial Capital to Outperform while Lowering the Price Target of the company shares to $ 55 from a previous price target of $70 . The Rating was issued on May 18, 2016.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.