Informatica Inc. (NYSE:INFA) Receives Average Recommendation of “Hold” from Analysts

Shares of Informatica Inc. (NYSE:INFA) have earned a consensus rating of “Hold” from the sixteen analysts that are currently covering the company, MarketBeat.com reports. Thirteen equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $24.15.

INFA has been the topic of a number of analyst reports. Wedbush lowered shares of Informatica to a “neutral” rating in a research note on Friday, February 14th. Wells Fargo & Company cut shares of Informatica from a “buy” rating to an “equal weight” rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft cut Informatica from a “buy” rating to a “hold” rating and set a $21.00 price target on the stock. in a research note on Friday, February 14th. UBS Group lowered their price objective on Informatica from $30.00 to $19.00 and set a “neutral” rating for the company in a research note on Friday, February 14th. Finally, DA Davidson cut their target price on Informatica from $20.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th.

Insider Transactions at Informatica

In other Informatica news, EVP John Arthur Schweitzer sold 11,503 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $18.18, for a total transaction of $209,124.54. Following the sale, the executive vice president now directly owns 328,799 shares in the company, valued at approximately $5,977,565.82. The trade was a 3.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 48.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC raised its stake in shares of Informatica by 540.4% in the 1st quarter. Parallel Advisors LLC now owns 1,441 shares of the technology company’s stock worth $25,000 after buying an additional 1,216 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in Informatica in the fourth quarter worth about $32,000. Versant Capital Management Inc lifted its holdings in Informatica by 7,053.8% in the 1st quarter. Versant Capital Management Inc now owns 1,860 shares of the technology company’s stock valued at $32,000 after acquiring an additional 1,834 shares during the last quarter. New Age Alpha Advisors LLC bought a new position in shares of Informatica during the 4th quarter valued at about $43,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of Informatica in the 4th quarter worth approximately $54,000. Institutional investors and hedge funds own 98.45% of the company’s stock.

Informatica Trading Up 0.8 %

Shares of INFA opened at $17.53 on Friday. The stock’s fifty day simple moving average is $18.52 and its 200 day simple moving average is $23.39. Informatica has a twelve month low of $15.65 and a twelve month high of $33.68. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $5.30 billion, a P/E ratio of 584.53, a price-to-earnings-growth ratio of 4.44 and a beta of 1.06.

Informatica (NYSE:INFA) last issued its earnings results on Thursday, February 13th. The technology company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.17). The firm had revenue of $428.31 million for the quarter, compared to analysts’ expectations of $457.55 million. Informatica had a return on equity of 5.76% and a net margin of 0.61%. On average, equities research analysts forecast that Informatica will post 0.63 earnings per share for the current year.

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.