Informatica Inc. (NYSE:INFA – Get Free Report) EVP John Arthur Schweitzer sold 64,501 shares of Informatica stock in a transaction on Monday, July 15th. The stock was sold at an average price of $28.18, for a total value of $1,817,638.18. Following the completion of the sale, the executive vice president now directly owns 437,348 shares of the company’s stock, valued at approximately $12,324,466.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Informatica Price Performance
NYSE:INFA traded down $1.08 during trading hours on Wednesday, hitting $25.33. 1,745,052 shares of the stock traded hands, compared to its average volume of 1,668,495. The company has a market cap of $7.47 billion, a price-to-earnings ratio of -1,277.50, a price-to-earnings-growth ratio of 6.78 and a beta of 1.07. Informatica Inc. has a 1 year low of $18.18 and a 1 year high of $39.80. The stock has a 50 day moving average price of $29.55 and a 200 day moving average price of $31.27. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.80.
Informatica (NYSE:INFA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). The firm had revenue of $388.61 million for the quarter, compared to the consensus estimate of $384.97 million. Informatica had a net margin of 0.03% and a return on equity of 5.31%. Sell-side analysts forecast that Informatica Inc. will post 0.52 EPS for the current fiscal year.
Hedge Funds Weigh In On Informatica
Analyst Ratings Changes
Several research analysts have issued reports on the company. Wells Fargo & Company dropped their target price on Informatica from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $41.00 price objective on shares of Informatica in a research note on Thursday, May 23rd. Guggenheim restated a “buy” rating and set a $37.00 target price on shares of Informatica in a research report on Tuesday, June 25th. Finally, Robert W. Baird assumed coverage on shares of Informatica in a report on Tuesday, April 2nd. They set an “outperform” rating and a $43.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.45.
Check Out Our Latest Analysis on Informatica
About Informatica
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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