Quantbot Technologies LP Has $3.12 Million Holdings in Informatica Inc. (NYSE:INFA)

Quantbot Technologies LP lifted its stake in shares of Informatica Inc. (NYSE:INFA) by 1,213.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 120,367 shares of the technology company’s stock after buying an additional 111,205 shares during the period. Quantbot Technologies LP’s holdings in Informatica were worth $3,121,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of INFA. ORG Wealth Partners LLC bought a new stake in shares of Informatica in the fourth quarter worth $32,000. Quarry LP bought a new stake in shares of Informatica in the third quarter worth $38,000. National Bank of Canada FI grew its stake in shares of Informatica by 3,288.0% in the third quarter. National Bank of Canada FI now owns 1,694 shares of the technology company’s stock worth $43,000 after purchasing an additional 1,644 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Informatica in the fourth quarter worth $54,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of Informatica by 35.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,556 shares of the technology company’s stock worth $66,000 after purchasing an additional 667 shares during the last quarter. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Informatica Trading Up 1.0 %

INFA opened at $18.18 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.17 and a quick ratio of 2.17. Informatica Inc. has a fifty-two week low of $16.37 and a fifty-two week high of $39.80. The firm has a market capitalization of $5.50 billion, a PE ratio of 606.04, a P/E/G ratio of 4.44 and a beta of 1.04. The company’s 50-day moving average is $21.89 and its 200 day moving average is $24.54.

Informatica (NYSE:INFA) last posted its earnings results on Thursday, February 13th. The technology company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.17). Informatica had a return on equity of 5.76% and a net margin of 0.61%. The business had revenue of $428.31 million during the quarter, compared to analyst estimates of $457.55 million. As a group, research analysts predict that Informatica Inc. will post 0.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on INFA. Deutsche Bank Aktiengesellschaft cut shares of Informatica from a “buy” rating to a “hold” rating and set a $21.00 price objective on the stock. in a research note on Friday, February 14th. Bank of America cut shares of Informatica from a “buy” rating to a “neutral” rating in a research report on Friday, February 14th. The Goldman Sachs Group cut shares of Informatica from a “buy” rating to a “neutral” rating and cut their price target for the company from $38.00 to $20.00 in a research report on Friday, February 14th. UBS Group cut their price target on shares of Informatica from $30.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, February 14th. Finally, Royal Bank of Canada cut shares of Informatica from an “outperform” rating to a “sector perform” rating and cut their price target for the company from $35.00 to $19.00 in a research report on Friday, February 14th. Twelve analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Informatica presently has an average rating of “Hold” and an average target price of $24.67.

Insider Buying and Selling

In other Informatica news, EVP John Arthur Schweitzer sold 11,503 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $18.18, for a total value of $209,124.54. Following the completion of the sale, the executive vice president now owns 328,799 shares in the company, valued at approximately $5,977,565.82. This trade represents a 3.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 48.10% of the stock is currently owned by company insiders.

Informatica Company Profile

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.