Informatica Inc. (NYSE:INFA – Get Free Report) CAO Mark Pellowski sold 10,026 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $27.74, for a total value of $278,121.24. Following the transaction, the chief accounting officer now directly owns 146,804 shares in the company, valued at approximately $4,072,342.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Informatica Stock Performance
NYSE:INFA traded down $1.08 during mid-day trading on Wednesday, reaching $25.33. The stock had a trading volume of 1,745,052 shares, compared to its average volume of 1,668,495. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of -1,266.50, a PEG ratio of 6.78 and a beta of 1.07. Informatica Inc. has a twelve month low of $18.18 and a twelve month high of $39.80. The business has a 50 day simple moving average of $29.55 and a 200 day simple moving average of $31.27.
Informatica (NYSE:INFA – Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Informatica had a net margin of 0.03% and a return on equity of 5.31%. The company had revenue of $388.61 million for the quarter, compared to analyst estimates of $384.97 million. On average, analysts expect that Informatica Inc. will post 0.52 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Informatica
Analysts Set New Price Targets
Several brokerages have issued reports on INFA. Wells Fargo & Company dropped their price objective on Informatica from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Tuesday, April 23rd. Robert W. Baird began coverage on Informatica in a report on Tuesday, April 2nd. They set an “outperform” rating and a $43.00 price objective on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $41.00 price objective on shares of Informatica in a report on Thursday, May 23rd. Finally, Guggenheim reaffirmed a “buy” rating and set a $37.00 price objective on shares of Informatica in a report on Tuesday, June 25th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $35.45.
View Our Latest Stock Analysis on Informatica
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.
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