Informatica Inc. $INFA Holdings Boosted by Swiss National Bank

Swiss National Bank boosted its holdings in Informatica Inc. (NYSE:INFA) by 59.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 202,500 shares of the technology company’s stock after acquiring an additional 75,200 shares during the period. Swiss National Bank owned about 0.07% of Informatica worth $3,534,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of INFA. Wells Fargo & Company MN lifted its holdings in Informatica by 15.0% in the fourth quarter. Wells Fargo & Company MN now owns 81,033 shares of the technology company’s stock worth $2,101,000 after acquiring an additional 10,553 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Informatica during the fourth quarter valued at approximately $4,486,000. Barclays PLC raised its holdings in shares of Informatica by 5.1% during the fourth quarter. Barclays PLC now owns 71,959 shares of the technology company’s stock valued at $1,866,000 after buying an additional 3,497 shares during the last quarter. Mariner LLC raised its holdings in shares of Informatica by 44.5% during the fourth quarter. Mariner LLC now owns 19,089 shares of the technology company’s stock valued at $495,000 after buying an additional 5,883 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Informatica by 159.5% during the fourth quarter. Marshall Wace LLP now owns 313,883 shares of the technology company’s stock valued at $8,139,000 after buying an additional 192,906 shares during the last quarter. Institutional investors own 98.45% of the company’s stock.

Informatica Price Performance

Shares of NYSE:INFA opened at $24.7250 on Thursday. Informatica Inc. has a 12 month low of $15.65 and a 12 month high of $28.14. The stock has a market cap of $7.48 billion, a price-to-earnings ratio of -618.13, a PEG ratio of 6.67 and a beta of 1.15. The stock’s 50 day moving average price is $24.46 and its 200 day moving average price is $21.50. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.01 and a quick ratio of 2.01.

Informatica (NYSE:INFA) last announced its earnings results on Wednesday, August 6th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.03). Informatica had a positive return on equity of 4.64% and a negative net margin of 0.45%.The firm had revenue of $407.34 million for the quarter, compared to the consensus estimate of $401.76 million. During the same period in the previous year, the firm earned $0.23 EPS. Informatica’s revenue for the quarter was up 1.7% on a year-over-year basis. Equities research analysts anticipate that Informatica Inc. will post 0.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on INFA. Royal Bank Of Canada set a $25.00 price target on Informatica in a report on Wednesday, May 28th. Wells Fargo & Company lifted their price target on Informatica from $19.00 to $25.00 and gave the company an “equal weight” rating in a report on Wednesday, May 28th. Robert W. Baird lifted their price target on Informatica from $19.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, May 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $25.00 price target (up previously from $24.00) on shares of Informatica in a report on Wednesday, May 28th. Finally, The Goldman Sachs Group lifted their price target on Informatica from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. Sixteen equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Informatica currently has a consensus rating of “Hold” and a consensus price target of $23.67.

Insider Activity at Informatica

In other Informatica news, EVP Ansa Sekharan sold 99,348 shares of Informatica stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $24.15, for a total value of $2,399,254.20. Following the transaction, the executive vice president owned 391,959 shares in the company, valued at approximately $9,465,809.85. The trade was a 20.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP John Arthur Schweitzer sold 116,199 shares of Informatica stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $24.00, for a total transaction of $2,788,776.00. Following the completion of the transaction, the executive vice president owned 382,005 shares in the company, valued at approximately $9,168,120. This trade represents a 23.32% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 313,580 shares of company stock worth $7,586,941. 2.80% of the stock is currently owned by company insiders.

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.