Paloma Partners Management Co Purchases New Position in Imperva Inc (IMPV)

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Paloma Partners Management Co purchased a new position in shares of Imperva Inc (NASDAQ:IMPV) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 46,398 shares of the software maker’s stock, valued at approximately $2,584,000.

Other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. increased its stake in Imperva by 11.0% in the fourth quarter. Principal Financial Group Inc. now owns 5,632 shares of the software maker’s stock valued at $314,000 after purchasing an additional 560 shares during the period. NumerixS Investment Technologies Inc acquired a new position in Imperva in the fourth quarter valued at $50,000. Great West Life Assurance Co. Can increased its stake in Imperva by 48.0% in the fourth quarter. Great West Life Assurance Co. Can now owns 3,863 shares of the software maker’s stock valued at $208,000 after purchasing an additional 1,252 shares during the period. Summit Global Investments increased its stake in Imperva by 14.2% in the third quarter. Summit Global Investments now owns 15,300 shares of the software maker’s stock valued at $711,000 after purchasing an additional 1,900 shares during the period. Finally, IndexIQ Advisors LLC increased its stake in Imperva by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 52,500 shares of the software maker’s stock valued at $2,439,000 after purchasing an additional 1,983 shares during the period. Hedge funds and other institutional investors own 93.43% of the company’s stock.

A number of research analysts have commented on the stock. BidaskClub lowered shares of Imperva from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 9th. Zacks Investment Research lowered shares of Imperva from a “buy” rating to a “hold” rating in a research note on Wednesday, December 12th. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Imperva presently has an average rating of “Hold” and a consensus target price of $56.89.

NASDAQ IMPV opened at $55.74 on Wednesday. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of -199.07 and a beta of 1.09. Imperva Inc has a one year low of $41.00 and a one year high of $57.65.

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About Imperva

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's SecureSphere product line provides database, file, and Web application security in various data centers, including on-premises data centers, as well as in private, public, and hybrid cloud computing environments.

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Institutional Ownership by Quarter for Imperva (NASDAQ:IMPV)

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