Informatica Inc. (NYSE:INFA) Given Consensus Rating of “Moderate Buy” by Analysts

Informatica Inc. (NYSE:INFA) has been given an average recommendation of “Moderate Buy” by the eleven brokerages that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $35.45.

A number of equities research analysts have weighed in on INFA shares. Guggenheim reiterated a “buy” rating and issued a $37.00 price objective on shares of Informatica in a research note on Tuesday, June 25th. Royal Bank of Canada reiterated an “outperform” rating and issued a $41.00 price target on shares of Informatica in a research report on Thursday, May 23rd. Robert W. Baird initiated coverage on shares of Informatica in a research report on Tuesday, April 2nd. They set an “outperform” rating and a $43.00 price objective on the stock. Finally, Wells Fargo & Company reduced their target price on shares of Informatica from $45.00 to $40.00 and set an “overweight” rating for the company in a report on Tuesday, April 23rd.

Insiders Place Their Bets

In related news, CAO Mark Pellowski sold 10,026 shares of the company’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $35.51, for a total transaction of $356,023.26. Following the transaction, the chief accounting officer now owns 150,937 shares of the company’s stock, valued at $5,359,772.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Mark Pellowski sold 10,026 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $35.51, for a total transaction of $356,023.26. Following the sale, the chief accounting officer now owns 150,937 shares of the company’s stock, valued at $5,359,772.87. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John Arthur Schweitzer sold 65,891 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $35.50, for a total transaction of $2,339,130.50. Following the completion of the transaction, the executive vice president now directly owns 481,011 shares of the company’s stock, valued at $17,075,890.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 171,518 shares of company stock worth $5,425,518. Company insiders own 48.10% of the company’s stock.

Institutional Trading of Informatica

A number of institutional investors have recently bought and sold shares of INFA. ORG Partners LLC purchased a new position in shares of Informatica in the first quarter valued at $43,000. GAMMA Investing LLC purchased a new position in Informatica during the 4th quarter valued at about $39,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Informatica in the fourth quarter valued at about $46,000. Quarry LP grew its position in shares of Informatica by 186.9% in the fourth quarter. Quarry LP now owns 2,275 shares of the technology company’s stock valued at $65,000 after purchasing an additional 1,482 shares during the last quarter. Finally, Quent Capital LLC grew its position in shares of Informatica by 86.2% in the fourth quarter. Quent Capital LLC now owns 2,389 shares of the technology company’s stock valued at $68,000 after purchasing an additional 1,106 shares during the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Informatica Price Performance

Shares of NYSE:INFA opened at $30.88 on Monday. Informatica has a 12 month low of $17.58 and a 12 month high of $39.80. The firm has a market capitalization of $9.11 billion, a P/E ratio of -1,544.00, a P/E/G ratio of 7.69 and a beta of 1.06. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.90. The company’s fifty day moving average price is $29.98 and its 200 day moving average price is $31.24.

Informatica (NYSE:INFA) last issued its quarterly earnings data on Wednesday, May 1st. The technology company reported $0.06 earnings per share (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 analysts’ expectations of $384.97 million. Informatica had a return on equity of 5.31% and a net margin of 0.03%. As a group, sell-side analysts predict that Informatica will post 0.52 earnings per share for the current fiscal year.

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.