Informatica Inc. (NYSE:INFA – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Informatica in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the technology company will post earnings of $0.70 per share for the year. Cantor Fitzgerald has a “Hold” rating and a $29.00 price target on the stock. The consensus estimate for Informatica’s current full-year earnings is $0.43 per share.
A number of other analysts also recently issued reports on the company. Truist Financial began coverage on Informatica in a research report on Thursday, December 12th. They issued a “buy” rating and a $34.00 target price for the company. Guggenheim reissued a “buy” rating on shares of Informatica in a research report on Friday, October 18th. JPMorgan Chase & Co. cut their price objective on shares of Informatica from $38.00 to $34.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Finally, UBS Group boosted their target price on shares of Informatica from $27.00 to $30.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.92.
Informatica Stock Down 1.1 %
INFA stock opened at $24.67 on Wednesday. The stock has a market cap of $7.53 billion, a P/E ratio of 117.46, a P/E/G ratio of 3.52 and a beta of 0.99. The stock’s fifty day simple moving average is $26.03 and its two-hundred day simple moving average is $25.57. 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.
Institutional Trading of Informatica
A number of large investors have recently added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Informatica by 11.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,935 shares of the technology company’s stock worth $201,000 after purchasing an additional 810 shares during the period. The Manufacturers Life Insurance Company increased its stake in Informatica by 4.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,824 shares of the technology company’s stock worth $674,000 after buying an additional 902 shares during the period. Verdence Capital Advisors LLC lifted its holdings in Informatica by 10.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 10,387 shares of the technology company’s stock valued at $263,000 after buying an additional 993 shares in the last quarter. Amalgamated Bank boosted its position in Informatica by 42.1% in the 2nd quarter. Amalgamated Bank now owns 3,498 shares of the technology company’s stock valued at $108,000 after buying an additional 1,037 shares during the period. Finally, ORG Wealth Partners LLC bought a new position in Informatica in the 4th quarter worth about $32,000. Institutional investors own 98.45% of the company’s stock.
Insider Transactions at Informatica
In related news, EVP John Arthur Schweitzer sold 10,734 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were 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 approximately $9,569,694.90. This trade represents a 2.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Mark Pellowski sold 10,035 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were 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 of the company’s stock, valued at $3,747,187.62. The trade was a 6.76 % decrease in their position. The disclosure for this sale can be found here. 48.10% of the stock is owned by insiders.
Informatica announced that its Board of Directors has initiated a share repurchase plan on Wednesday, October 30th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the technology company to buy up to 5.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are 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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