Informatica Inc. (NYSE:INFA – Free Report) – Cantor Fitzgerald issued their FY2025 earnings per share estimates for Informatica in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey forecasts that the technology company will post earnings of $0.70 per share for the year. Cantor Fitzgerald currently has a “Hold” rating and a $29.00 target price on the stock. The consensus estimate for Informatica’s current full-year earnings is $0.43 per share.
Several other research analysts also recently issued reports on the stock. Guggenheim restated a “buy” rating on shares of Informatica in a report on Friday, October 18th. JPMorgan Chase & Co. reduced their price objective on Informatica from $38.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Truist Financial assumed coverage on Informatica in a research report on Thursday, December 12th. They set a “buy” rating and a $34.00 price objective on the stock. Finally, UBS Group raised their target price on Informatica from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $32.92.
Informatica Trading Up 2.1 %
Shares of INFA stock opened at $24.89 on Wednesday. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 0.75. Informatica has a 1 year low of $22.08 and a 1 year high of $39.80. The firm’s fifty day simple moving average is $26.03 and its 200 day simple moving average is $25.62. The firm has a market capitalization of $7.60 billion, a P/E ratio of 118.52, a price-to-earnings-growth ratio of 3.50 and a beta of 0.99.
Institutional Trading of Informatica
Several hedge funds have recently modified their holdings of the stock. American Century Companies Inc. bought a new position in Informatica in the 2nd quarter worth approximately $290,000. Envestnet Asset Management Inc. lifted its stake in shares of Informatica by 1,225.8% during the second quarter. Envestnet Asset Management Inc. now owns 140,147 shares of the technology company’s stock valued at $4,328,000 after acquiring an additional 129,576 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Informatica by 6.6% in the second quarter. Dimensional Fund Advisors LP now owns 682,648 shares of the technology company’s stock valued at $21,081,000 after acquiring an additional 42,432 shares during the last quarter. Renaissance Technologies LLC increased its position in Informatica by 485.2% in the second quarter. Renaissance Technologies LLC now owns 162,100 shares of the technology company’s stock worth $5,006,000 after purchasing an additional 134,400 shares during the period. Finally, Amalgamated Bank increased its position in Informatica by 42.1% in the second quarter. Amalgamated Bank now owns 3,498 shares of the technology company’s stock worth $108,000 after purchasing an additional 1,037 shares during the period. 98.45% of the stock is owned by institutional investors.
Insider Buying and Selling at Informatica
In related news, CAO Mark Pellowski sold 10,035 shares of the 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 sale, the chief accounting officer now directly owns 138,477 shares in the company, valued at $3,747,187.62. This represents a 6.76 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John Arthur Schweitzer sold 10,734 shares of the stock in a transaction 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 sale, the executive vice president now owns 353,778 shares in the company, valued at $9,569,694.90. The trade was a 2.94 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 48.10% of the company’s stock.
Informatica declared that its board has initiated a share repurchase plan on Wednesday, October 30th that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the technology company to repurchase up to 5.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.
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.
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