Imperva Inc (IMPV): Amichai Shulman , Chief Technology Officer of Imperva Inc sold 937 shares on Sep 23, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $51.00 per share for a total value of $47,787.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 26, 2016, Mark E. Kraynak (SVP & GM of Enterprise Bus.) sold 5,582 shares at $51.00 per share price.On Sep 16, 2016, Amichai Shulman (Chief Technology Officer) sold 3,085 shares at $44.30 per share price.Also, On Jun 23, 2016, Shlomo Kramer (10% owner) sold 75,000 shares at $45.08 per share price.On Jun 1, 2016, Terrence J. Schmid (Chief Financial Officer) sold 5,000 shares at $37.66 per share price.
Imperva Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Imperva Inc which led to swings in the share price. The shares opened for trading at $43.54 and hit $43.71 on the upside , eventually ending the session at $43.39, with a gain of 0.91% or 0.39 points. The heightened volatility saw the trading volume jump to 7,49,257 shares. The 52-week high of the share price is $77.99 and the company has a market cap of $1,415 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 Nomura to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Sep 26, 2016.Imperva Inc is Resumed by Wunderlich to Hold and the brokerage firm has set the Price Target at $50. The Rating was issued on Sep 13, 2016.Imperva Inc is Downgraded by Pacific Crest to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Aug 30, 2016.Imperva Inc is Reiterated by Imperial Capital to Outperform while Lowering the Price Target of the company shares to $ 50 from a previous price target of $55 . The Rating was issued on Aug 8, 2016.Imperva Inc is Upgraded by Needham to Buy and the brokerage firm has set the Price Target at $64. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Aug 5, 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.