Informatica Inc. (NYSE:INFA) Given Average Recommendation of “Hold” by Analysts

Informatica Inc. (NYSE:INFA) has been assigned a consensus rating of “Hold” from the fifteen analysts that are presently covering the company, Marketbeat.com reports. Twelve research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $24.67.

A number of equities research analysts recently commented on the stock. Bank of America lowered shares of Informatica from a “buy” rating to a “neutral” rating in a report on Friday, February 14th. Wedbush downgraded shares of Informatica to a “neutral” rating in a research note on Friday, February 14th. Cantor Fitzgerald started coverage on Informatica in a research note on Friday, January 17th. They issued a “neutral” rating and a $29.00 target price on the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $19.00 price target (down previously from $35.00) on shares of Informatica in a research report on Friday, February 14th. Finally, Deutsche Bank Aktiengesellschaft cut Informatica from a “buy” rating to a “hold” rating and set a $21.00 price objective for the company. in a report on Friday, February 14th.

Informatica Stock Up 1.6 %

INFA opened at $18.83 on Wednesday. Informatica has a 12 month low of $16.37 and a 12 month high of $39.80. 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 business’s 50-day moving average price is $21.66 and its 200-day moving average price is $24.46. The company has a market cap of $5.70 billion, a P/E ratio of 627.88, a P/E/G ratio of 4.44 and a beta of 1.04.

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

Insider Buying and Selling at Informatica

In other news, EVP John Arthur Schweitzer sold 11,503 shares of Informatica stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $18.18, for a total transaction of $209,124.54. Following the completion of the transaction, the executive vice president now directly owns 328,799 shares in the company, valued at approximately $5,977,565.82. This trade represents a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 48.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC purchased a new stake in shares of Informatica during the fourth quarter valued at approximately $32,000. Quarry LP bought a new stake in Informatica during the third quarter valued at about $38,000. National Bank of Canada FI grew its stake in shares of Informatica by 3,288.0% during the 3rd quarter. National Bank of Canada FI now owns 1,694 shares of the technology company’s stock valued at $43,000 after acquiring an additional 1,644 shares during the period. New Age Alpha Advisors LLC purchased a new stake in Informatica in the 4th quarter worth $43,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Informatica in the fourth quarter worth $54,000. Institutional investors own 98.45% of the company’s stock.

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.