John Arthur Schweitzer Sells 11,503 Shares of Informatica Inc. (NYSE:INFA) Stock

Informatica Inc. (NYSE:INFA) EVP John Arthur Schweitzer sold 11,503 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $18.18, for a total transaction of $209,124.54. Following the completion of the sale, the executive vice president now directly owns 328,799 shares of the company’s stock, valued at approximately $5,977,565.82. This represents a 3.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Monday, December 16th, John Arthur Schweitzer sold 10,734 shares of Informatica stock. The shares were sold at an average price of $27.05, for a total transaction of $290,354.70.

Informatica Stock Performance

Shares of INFA stock opened at $17.40 on Friday. The company has a market capitalization of $5.26 billion, a price-to-earnings ratio of 580.06, a P/E/G ratio of 4.44 and a beta of 1.05. Informatica Inc. has a 1-year low of $16.37 and a 1-year 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 stock’s fifty day simple moving average is $22.97 and its 200-day simple moving average is $24.86.

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 analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $457.55 million. On average, sell-side analysts predict that Informatica Inc. will post 0.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on INFA shares. Robert W. Baird reaffirmed a “neutral” rating and set a $19.00 price target (down from $35.00) on shares of Informatica in a research note on Friday, February 14th. Wells Fargo & Company cut Informatica from a “buy” rating to an “equal weight” rating in a research note on Friday, February 14th. Cantor Fitzgerald started coverage on shares of Informatica in a research report on Friday, January 17th. They issued a “neutral” rating and a $29.00 price target on the stock. Wedbush downgraded shares of Informatica to a “neutral” rating in a report on Friday, February 14th. Finally, UBS Group lowered their price objective on shares of Informatica from $30.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, February 14th. Twelve investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Informatica currently has a consensus rating of “Hold” and a consensus price target of $24.67.

Institutional Investors Weigh In On Informatica

A number of institutional investors have recently modified their holdings of INFA. Verdence Capital Advisors LLC raised its holdings in shares of Informatica by 10.6% during the third quarter. Verdence Capital Advisors LLC now owns 10,387 shares of the technology company’s stock worth $263,000 after acquiring an additional 993 shares in the last quarter. Versor Investments LP acquired a new position in Informatica in the 3rd quarter worth about $298,000. Aigen Investment Management LP purchased a new stake in shares of Informatica during the 3rd quarter worth about $218,000. Zions Bancorporation N.A. raised its stake in shares of Informatica by 48.2% during the 3rd quarter. Zions Bancorporation N.A. now owns 77,521 shares of the technology company’s stock worth $1,960,000 after purchasing an additional 25,200 shares in the last quarter. Finally, Natixis Advisors LLC lifted its holdings in shares of Informatica by 65.2% during the 3rd quarter. Natixis Advisors LLC now owns 44,874 shares of the technology company’s stock valued at $1,134,000 after buying an additional 17,718 shares during the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

About Informatica

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.