Informatica Inc. (NYSE:INFA - Get Free Report) EVP John Arthur Schweitzer sold 11,503 shares of Informatica stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $18.05, for a total value of $207,629.15. Following the completion of the sale, the executive vice president now directly owns 416,410 shares of the company's stock, valued at approximately $7,516,200.50. The trade was a 2.69 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
John Arthur Schweitzer also recently made the following trade(s):
- On Monday, March 10th, John Arthur Schweitzer sold 11,503 shares of Informatica stock. The shares were sold at an average price of $18.18, for a total value of $209,124.54.
Informatica Stock Performance
INFA opened at $18.81 on Friday. The company has a 50 day simple moving average of $18.09 and a two-hundred day simple moving average of $23.15. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.17 and a quick ratio of 2.17. The firm has a market cap of $5.69 billion, a P/E ratio of 627.04, a PEG ratio of 4.44 and a beta of 1.06. Informatica Inc. has a 1-year low of $15.65 and a 1-year high of $32.54.
Informatica (NYSE:INFA - Get Free Report) last issued its earnings results on Thursday, February 13th. The technology company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.17). Informatica had a return on equity of 5.76% and a net margin of 0.61%. The firm had revenue of $428.31 million during the quarter, compared to the consensus estimate of $457.55 million. Equities analysts forecast that Informatica Inc. will post 0.63 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have issued reports on INFA. The Goldman Sachs Group cut shares of Informatica from a "buy" rating to a "neutral" rating and lowered their target price for the company from $38.00 to $20.00 in a research note on Friday, February 14th. Guggenheim restated a "buy" rating and set a $37.00 price objective on shares of Informatica in a research report on Friday, January 31st. Cantor Fitzgerald started coverage on shares of Informatica in a research report on Friday, January 17th. They issued a "neutral" rating and a $29.00 target price for the company. Wedbush cut Informatica to a "neutral" rating in a report on Friday, February 14th. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $19.00 price objective (down previously from $35.00) on shares of Informatica in a report on Friday, February 14th. Thirteen investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $24.15.
Check Out Our Latest Stock Analysis on INFA
Institutional Trading of Informatica
Several institutional investors have recently made changes to their positions in INFA. Geode Capital Management LLC boosted its stake in Informatica by 34.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,213,188 shares of the technology company's stock worth $30,677,000 after purchasing an additional 311,003 shares during the period. Oddo BHF Asset Management Sas purchased a new position in shares of Informatica in the third quarter worth $1,394,000. JPMorgan Chase & Co. boosted its position in shares of Informatica by 826.8% during the third quarter. JPMorgan Chase & Co. now owns 1,484,147 shares of the technology company's stock worth $37,519,000 after acquiring an additional 1,324,006 shares during the last quarter. ORG Wealth Partners LLC bought a new position in shares of Informatica during the fourth quarter worth $32,000. Finally, Cooper Financial Group grew its stake in Informatica by 6.6% during the fourth quarter. Cooper Financial Group now owns 24,236 shares of the technology company's stock valued at $628,000 after acquiring an additional 1,504 shares in the last quarter. Hedge funds and other institutional investors own 98.45% of the company's stock.
Informatica Company Profile
(
Get Free Report)
Informatica Inc develops an artificial intelligence-powered platform that connects, manages, and unifies data across multi-vendor, multi-cloud, and hybrid systems at enterprise scale worldwide. Its platform includes a suite of interoperable data management products, including data integration products to ingest, transform, and integrate data; API and application integration products that enable users to create and manage APIs and integration processes for app-to-app synchronization, business process orchestration, B2B partner management, application development, and API management; data quality and observability products to profile, cleanse, standardize, observe, and monitor data to deliver accurate, complete, and consistent data; and master data management products to create an authoritative single source of truth of business-critical data.
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