Vista Equity Partners Management buys $9,928,025 stake in Imperva Inc (IMPV)

Imperva Inc (IMPV) : Vista Equity Partners Management scooped up 69,719 additional shares in Imperva Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 213,460 shares of Imperva Inc which is valued at $9,928,025.Imperva Inc makes up approximately 4.25% of Vista Equity Partners Management’s portfolio.

Other Hedge Funds, Including , Weiss Multi-strategy Advisers boosted its stake in IMPV in the latest quarter, The investment management firm added 12,500 additional shares and now holds a total of 75,000 shares of Imperva Inc which is valued at $3,488,250. Imperva Inc makes up approx 0.16% of Weiss Multi-strategy Advisers’s portfolio.Credit Suisse Ag boosted its stake in IMPV in the latest quarter, The investment management firm added 1,283,243 additional shares and now holds a total of 1,431,447 shares of Imperva Inc which is valued at $66,576,600. Imperva Inc makes up approx 0.08% of Credit Suisse Ag’s portfolio. Chartwell Investment Partners added IMPV to its portfolio by purchasing 148,385 company shares during the most recent quarter which is valued at $6,810,872. Imperva Inc makes up approx 0.12% of Chartwell Investment Partners’s portfolio. Parametrica Management Ltd added IMPV to its portfolio by purchasing 9,209 company shares during the most recent quarter which is valued at $426,193. Imperva Inc makes up approx 0.61% of Parametrica Management Ltd’s portfolio.Robeco Institutional Asset Management B.v. boosted its stake in IMPV in the latest quarter, The investment management firm added 5,000 additional shares and now holds a total of 30,000 shares of Imperva Inc which is valued at $1,388,400. Imperva Inc makes up approx 0.01% of Robeco Institutional Asset Management B.v.’s portfolio.

Imperva Inc opened for trading at $44.98 and hit $45.77 on the upside on Thursday, eventually ending the session at $45.47, with a gain of 1.02% or 0.46 points. The heightened volatility saw the trading volume jump to 4,93,564 shares. Company has a market cap of $1,483 M.

On the company’s financial health, Imperva Inc reported $-0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.21. The company had revenue of $57.87 million for the quarter, compared to analysts expectations of $57.75 million. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.

Many Wall Street Analysts have commented on Imperva Inc. Imperva Inc was Downgraded by Pacific Crest to ” Sector Weight” on Aug 30, 2016. Shares were Reiterated by Imperial Capital on Aug 8, 2016 to “Outperform” and Lowered the Price Target to $ 50 from a previous price target of $55 .Needham Upgraded Imperva Inc on Aug 5, 2016 to ” Buy”, Price Target of the shares are set at $64.

Imperva Inc. provides cyber-security solutions that protect business-critical data and applications. The Company’s 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.

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