Informatica Inc. (NYSE:INFA) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Informatica Inc. (NYSE:INFA - Free Report) by 21.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,618,777 shares of the technology company's stock after purchasing an additional 290,587 shares during the period. Dimensional Fund Advisors LP owned 0.53% of Informatica worth $41,975,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in Informatica by 13.8% in the fourth quarter. Wellington Management Group LLP now owns 13,155,084 shares of the technology company's stock worth $341,111,000 after buying an additional 1,591,037 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Informatica by 28.6% during the 4th quarter. Vanguard Group Inc. now owns 10,844,546 shares of the technology company's stock worth $281,199,000 after buying an additional 2,409,023 shares in the last quarter. FIL Ltd boosted its holdings in shares of Informatica by 0.9% in the 4th quarter. FIL Ltd now owns 10,449,229 shares of the technology company's stock valued at $270,949,000 after buying an additional 93,685 shares in the last quarter. FMR LLC grew its holdings in shares of Informatica by 126,639.2% during the fourth quarter. FMR LLC now owns 10,369,799 shares of the technology company's stock worth $268,889,000 after buying an additional 10,361,617 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Informatica by 16.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,211,119 shares of the technology company's stock worth $209,075,000 after acquiring an additional 1,168,158 shares during the period. 98.45% of the stock is owned by hedge funds and other institutional investors.

Informatica Trading Down 0.3 %

NYSE INFA traded down $0.06 on Friday, hitting $19.08. The company's stock had a trading volume of 385,369 shares, compared to its average volume of 2,114,266. 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 company's 50-day simple moving average is $18.02 and its 200 day simple moving average is $22.68. The firm has a market cap of $5.77 billion, a P/E ratio of 636.21, a PEG ratio of 4.44 and a beta of 1.04. Informatica Inc. has a 52-week low of $15.65 and a 52-week high of $31.65.

Informatica (NYSE:INFA - Get Free Report) last issued its earnings results on Wednesday, May 7th. The technology company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $403.90 million for the quarter, compared to the consensus estimate of $392.14 million. Informatica had a net margin of 0.61% and a return on equity of 5.76%. The business's revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.22 earnings per share. Research analysts predict that Informatica Inc. will post 0.63 EPS for the current fiscal year.

Insider Activity at Informatica

In other news, EVP John Arthur Schweitzer sold 11,503 shares of the firm's stock in a transaction 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 completion of the sale, the executive vice president now owns 416,410 shares of the company's stock, valued at $7,516,200.50. This trade represents a 2.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 48.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

INFA has been the topic of a number of recent research reports. 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 report on Friday, February 14th. Bank of America downgraded shares of Informatica from a "buy" rating to a "neutral" rating in a research report on Friday, February 14th. Scotiabank raised their price target on shares of Informatica from $18.00 to $19.00 and gave the company a "sector perform" rating in a report on Thursday. Wells Fargo & Company lowered Informatica from a "buy" rating to an "equal weight" rating in a report on Friday, February 14th. Finally, DA Davidson reduced their price target on shares of Informatica from $20.00 to $18.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Thirteen equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $23.62.

Informatica 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.