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

Informatica Inc. (NYSE:INFA) has been given a consensus rating of “Hold” by the fifteen research firms that are covering the company, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $24.67.

Several equities analysts recently weighed in on INFA shares. Robert W. Baird restated a “neutral” rating and issued a $19.00 price target (down previously from $35.00) on shares of Informatica in a research note on Friday, February 14th. The Goldman Sachs Group lowered Informatica from a “buy” rating to a “neutral” rating and cut their price target for the company from $38.00 to $20.00 in a research note on Friday, February 14th. Bank of America lowered Informatica from a “buy” rating to a “neutral” rating in a research note on Friday, February 14th. Baird R W lowered Informatica from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th. Finally, Cantor Fitzgerald initiated coverage on Informatica in a research note on Friday, January 17th. They set a “neutral” rating and a $29.00 price objective for the company.

Insider Transactions at Informatica

In other news, CAO Mark Pellowski sold 10,035 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $27.06, for a total transaction of $271,547.10. Following the transaction, the chief accounting officer now directly owns 138,477 shares in the company, valued at $3,747,187.62. The trade was a 6.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John Arthur Schweitzer sold 10,734 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $27.05, for a total value of $290,354.70. Following the transaction, the executive vice president now owns 353,778 shares in the company, valued at approximately $9,569,694.90. This represents a 2.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 48.10% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. ORG Wealth Partners LLC acquired a new position in Informatica in the fourth quarter valued at approximately $32,000. Quarry LP acquired a new position in Informatica in the third quarter valued at approximately $38,000. New Age Alpha Advisors LLC acquired a new position in Informatica in the fourth quarter valued at approximately $43,000. National Bank of Canada FI lifted its holdings in Informatica by 3,288.0% in the third 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 last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Informatica in the fourth quarter valued at approximately $54,000. 98.45% of the stock is currently owned by institutional investors and hedge funds.

Informatica Stock Performance

Shares of INFA stock opened at $19.18 on Friday. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.75. Informatica has a 52-week low of $16.37 and a 52-week high of $39.80. The business has a 50-day simple moving average of $24.40 and a 200-day simple moving average of $25.21. The stock has a market cap of $5.86 billion, a PE ratio of 639.48, a price-to-earnings-growth ratio of 4.44 and a beta of 0.99.

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