1 week Ago By Defense World Staff
Wells Fargo & Company MN increased its holdings in shares of Informatica Inc. (NYSE:INFA – Free Report) by 15.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission.
The firm owned 81,033 shares of the technology company’s stock after purchasing an additional 10,553 shares during the period. Wells Fargo & Company MN’s holdings in Informatica were worth $2,101,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also recently added to or reduced their stakes in the stock.
ORG Wealth Partners LLC acquired a new stake in Informatica during the 4th quarter valued at $32,000. New Age Alpha Advisors LLC acquired a new stake in shares of Informatica during the fourth quarter valued at about $43,000. FNY Investment Advisers LLC purchased a new stake in shares of Informatica during the fourth quarter worth about $54,000.
PNC Financial Services Group Inc. lifted its stake in shares of Informatica by 35.3% in the fourth quarter.
PNC Financial Services Group Inc. now owns 2,556 shares of the technology company’s stock worth $66,000 after acquiring an additional 667 shares in the last quarter. Finally, KBC Group NV boosted its holdings in Informatica by 69.
4% in the fourth quarter. KBC Group NV now owns 3,235 shares of the technology company’s stock valued at $84,000 after purchasing an additional 1,325 shares during the last quarter. 98.
45% of the stock is currently owned by institutional investors and hedge funds. Insider Transactions at InformaticaIn related news, EVP John Arthur Schweitzer sold 11,503 shares of the firm’s stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $18.
05, for a total value of $207,629.15. Following the sale, the executive vice president now directly owns 416,410 shares in the company, valued at $7,516,200.
50. This trade represents a 2.69 % decrease in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 48.10% of the company’s stock.
Wall Street Analysts Forecast GrowthA number of equities analysts have issued reports on the company. Truist Financial reaffirmed a “buy” rating and issued a $24.00 target price (down from $34.
00) on shares of Informatica in a research report on Friday, February 14th. Guggenheim reiterated a “buy” rating and set a $37.00 price objective on shares of Informatica in a research note on Friday, January 31st.
Wells Fargo & Company downgraded shares of Informatica from a “buy” rating to an “equal weight” rating in a research report on Friday, February 14th. Deutsche Bank Aktiengesellschaft cut shares of Informatica from a “buy” rating to a “hold” rating and set a $21.00 price target on the stock.
in a research report on Friday, February 14th. Finally, Baird R W lowered Informatica from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th. Thirteen 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 has a consensus rating of “Hold” and a consensus target price of $24.15.
View Our Latest Stock Analysis on InformaticaInformatica Stock PerformanceINFA stock opened at $18.81 on Friday. Informatica Inc.
has a 1 year low of $15.65 and a 1 year high of $32.54.
The stock has a market capitalization of $5.69 billion, a price-to-earnings ratio of 627.04, a PEG ratio of 4.
44 and a beta of 1.06. The company has a debt-to-equity ratio of 0.
75, a quick ratio of 2.17 and a current ratio of 2.17.
The stock’s fifty day moving average is $18.09 and its two-hundred day moving average is $23.15.
Informatica (NYSE:INFA – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $428.
31 million during the quarter, compared to the consensus estimate of $457.55 million. On average, research analysts predict that Informatica Inc.
will post 0.63 EPS for the current year. Informatica Profile (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.Recommended StoriesFive stocks we like better than InformaticaUsing the MarketBeat Dividend Yield CalculatorShort Sellers Gave Up on These 3 Names RecentlyNatural Gas Prices Continue To Rally, These Stocks Should Benefit3 Boring Stocks Outperforming the Market This YearWhat is the Hang Seng index? If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To BuyWant to see what other hedge funds are holding INFA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Informatica Inc.
(NYSE:INFA – Free Report)..
