Informatica Inc. (NYSE:INFA - Get Free Report) EVP John Arthur Schweitzer sold 49,104 shares of the firm's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $24.72, for a total value of $1,213,850.88. Following the completion of the transaction, the executive vice president directly owned 352,266 shares in the company, valued at $8,708,015.52. The trade was a 12.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

• MarketBeat Week in Review – 2/19 - 2/23

John Arthur Schweitzer also recently made the following trade(s):

• On Tuesday, July 15th, John Arthur Schweitzer sold 48,929 shares of Informatica stock. The shares were sold at an average price of $24.22, for a total value of $1,185,060.38.
• On Friday, May 23rd, John Arthur Schweitzer sold 116,199 shares of Informatica stock. The shares were sold at an average price of $24.00, for a total value of $2,788,776.00.

Informatica Stock Performance

Shares of INFA stock traded up $0.0050 during trading hours on Tuesday, reaching $24.7350. 1,505,605 shares of the company traded hands, compared to its average volume of 3,885,494. Informatica Inc. has a 12-month low of $15.65 and a 12-month high of $28.14. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market cap of $7.48 billion, a P/E ratio of -618.38, a P/E/G ratio of 6.66 and a beta of 1.15. The firm has a 50-day moving average price of $24.43 and a 200 day moving average price of $21.45.

• Informatica charges ahead on AI-driven data management tailwinds

Informatica (NYSE:INFA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The technology company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.03). Informatica had a negative net margin of 0.45% and a positive return on equity of 4.64%. The company had revenue of $407.34 million for the quarter, compared to analysts' expectations of $401.76 million. During the same period in the previous year, the firm earned $0.23 earnings per share. The firm's quarterly revenue was up 1.7% on a year-over-year basis. As a group, sell-side analysts predict that Informatica Inc. will post 0.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Guggenheim cut Informatica from a "buy" rating to a "neutral" rating and set a $27.00 price target on the stock. in a report on Wednesday, August 6th. Robert W. Baird lifted their price objective on Informatica from $19.00 to $25.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 28th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $25.00 price objective (up previously from $24.00) on shares of Informatica in a research note on Wednesday, May 28th. Wolfe Research downgraded Informatica from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Finally, Scotiabank lifted their price objective on Informatica from $18.00 to $19.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th. Sixteen analysts have rated the stock with a Hold rating, According to data from MarketBeat, Informatica has an average rating of "Hold" and a consensus price target of $23.67.

• Informatica Is Moving Higher On Strong Outlook

View Our Latest Stock Report on Informatica

Institutional Investors Weigh In On Informatica

A number of institutional investors have recently added to or reduced their stakes in INFA. Hudson Bay Capital Management LP acquired a new stake in Informatica in the second quarter worth about $121,750,000. Norges Bank purchased a new position in Informatica during the second quarter valued at approximately $101,723,000. Invesco Ltd. raised its position in Informatica by 5.1% during the second quarter. Invesco Ltd. now owns 3,790,141 shares of the technology company's stock valued at $92,290,000 after acquiring an additional 182,304 shares in the last quarter. Nomura Holdings Inc. purchased a new position in Informatica during the second quarter valued at approximately $76,572,000. Finally, California State Teachers Retirement System raised its position in Informatica by 555.6% during the second quarter. California State Teachers Retirement System now owns 2,332,271 shares of the technology company's stock valued at $56,791,000 after acquiring an additional 1,976,500 shares in the last quarter. Institutional investors own 98.45% of the company's stock.

Informatica Company Profile

(Get Free Report)

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.

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