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

Informatica Inc. (NYSE:INFA) has earned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $35.45.

Several equities research analysts have recently issued reports on INFA shares. Robert W. Baird started coverage on shares of Informatica in a research note on Tuesday, April 2nd. They issued an “outperform” rating and a $43.00 price objective on the stock. Guggenheim reiterated a “buy” rating and set a $37.00 price target on shares of Informatica in a research note on Tuesday, April 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a $41.00 price target on shares of Informatica in a research note on Thursday, May 23rd. Finally, Wells Fargo & Company decreased their price target on shares of Informatica from $45.00 to $40.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 23rd.

Informatica Trading Up 1.9 %

Shares of Informatica stock opened at $30.60 on Monday. The company’s fifty day simple moving average is $30.47 and its 200-day simple moving average is $31.15. The company has a market cap of $9.03 billion, a price-to-earnings ratio of -1,530.00, a PEG ratio of 7.48 and a beta of 1.06. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.80. Informatica has a 1 year low of $17.46 and a 1 year high of $39.80.

Informatica (NYSE:INFA) last announced 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 company had revenue of $388.61 million during the quarter, compared to analyst estimates 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 expect that Informatica will post 0.52 EPS for the current year.

Insider Buying and Selling at Informatica

In other Informatica news, CAO Mark Pellowski sold 10,026 shares of Informatica 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 completion of the transaction, the chief accounting officer now directly owns 150,937 shares of the company’s stock, valued at $5,359,772.87. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, EVP John Arthur Schweitzer sold 65,891 shares of Informatica stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $35.50, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Mark Pellowski sold 10,026 shares of Informatica stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $35.51, for a total value of $356,023.26. Following the completion of the transaction, the chief accounting officer now directly owns 150,937 shares of the company’s stock, valued at $5,359,772.87. The disclosure for this sale can be found here. Over the last three months, insiders sold 171,518 shares of company stock valued at $5,425,518. 48.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in INFA. Swiss National Bank raised its holdings in shares of Informatica by 1.9% in the third quarter. Swiss National Bank now owns 79,900 shares of the technology company’s stock valued at $1,683,000 after buying an additional 1,500 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Informatica by 4.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 336,645 shares of the technology company’s stock worth $7,093,000 after purchasing an additional 14,729 shares during the last quarter. Federated Hermes Inc. raised its holdings in Informatica by 34.3% during the 3rd quarter. Federated Hermes Inc. now owns 171,278 shares of the technology company’s stock worth $3,609,000 after purchasing an additional 43,699 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Informatica by 26.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 239,445 shares of the technology company’s stock worth $5,045,000 after purchasing an additional 50,051 shares during the last quarter. Finally, Kennedy Capital Management LLC raised its holdings in Informatica by 32.5% during the 3rd quarter. Kennedy Capital Management LLC now owns 1,211,455 shares of the technology company’s stock worth $25,525,000 after purchasing an additional 297,289 shares during the last quarter. 98.45% of the stock is owned by institutional investors.

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.