Imperva Receives a Hold from Nomura Holdings

By Ryan Adsit

Nomura Holdings analyst Frederick Grieb reiterated a Hold rating on Imperva (NYSE: IMPV) today and set a price target of $37.50. The company’s shares opened today at $37.25, close to its 52-week low of $31.11.

According to, Grieb is a 5-star analyst with an average return of 9.0% and a 63.5% success rate. Grieb covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp., Continental Resources, and Range Resources Corp.

Currently, the analyst consensus on Imperva is Moderate Buy and the average price target is $48.88, representing a 31.2% upside.

In a report released yesterday, Pacific Crest also reiterated a Hold rating on the stock.

The company has a one year high of $77.99 and a one year low of $31.11. Currently, Imperva has an average volume of 1.05M.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2016, Shlomo Kramer, a Major Shareholder at IMPV sold 75,000 shares for a total of $3,384,157.

Imperva, Inc. provides cyber security solutions, which protect business critical information and applications in the cloud or on premises. The company was founded by Shlomo Kramer, Amichai Shulman and Michael Boodaei on April 10, 2002 and is headquartered in Redwood Shores, CA.