American Noble Gas Inc. $INFY Shares Sold by Amundi

Amundi decreased its holdings in American Noble Gas Inc. (NYSE:INFY - Free Report) by 21.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,394,009 shares of the technology company's stock after selling 379,266 shares during the period. Amundi's holdings in American Noble Gas were worth $24,186,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Aprio Wealth Management LLC raised its holdings in shares of American Noble Gas by 26.8% in the first quarter. Aprio Wealth Management LLC now owns 13,438 shares of the technology company's stock valued at $245,000 after acquiring an additional 2,839 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its holdings in shares of American Noble Gas by 4.3% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 877,426 shares of the technology company's stock valued at $16,013,000 after purchasing an additional 35,833 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in shares of American Noble Gas by 25.6% during the first quarter. Focus Partners Advisor Solutions LLC now owns 18,665 shares of the technology company's stock valued at $341,000 after purchasing an additional 3,800 shares in the last quarter. Graham Capital Management L.P. increased its holdings in American Noble Gas by 27.2% during the first quarter. Graham Capital Management L.P. now owns 97,191 shares of the technology company's stock valued at $1,774,000 after buying an additional 20,810 shares during the period. Finally, Baird Financial Group Inc. bought a new position in American Noble Gas in the first quarter worth approximately $1,670,000. 16.20% of the stock is owned by hedge funds and other institutional investors.

American Noble Gas Stock Performance

NYSE INFY traded down $0.08 during trading hours on Friday, reaching $16.99. The stock had a trading volume of 9,378,268 shares, compared to its average volume of 13,166,881. American Noble Gas Inc. has a 52-week low of $15.82 and a 52-week high of $23.63. The stock has a fifty day moving average of $17.22 and a 200 day moving average of $17.86. The stock has a market cap of $70.41 billion, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 2.43 and a beta of 0.91.

American Noble Gas (NYSE:INFY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The technology company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. The business had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.84 billion. American Noble Gas had a net margin of 16.42% and a return on equity of 29.41%. During the same period in the prior year, the firm earned $15.35 EPS. American Noble Gas has set its FY 2026 guidance at EPS. On average, equities research analysts forecast that American Noble Gas Inc. will post 0.74 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on INFY. Rothschild & Co Redburn began coverage on American Noble Gas in a research report on Wednesday, September 3rd. They set a "sell" rating and a $12.00 target price on the stock. Rothschild Redb raised shares of American Noble Gas to a "strong sell" rating in a research report on Wednesday, September 3rd. BMO Capital Markets lifted their price target on shares of American Noble Gas from $18.00 to $20.00 and gave the stock a "market perform" rating in a report on Thursday, July 24th. Susquehanna increased their price objective on American Noble Gas from $18.00 to $19.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Finally, Wall Street Zen raised American Noble Gas from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $17.18.

American Noble Gas Company Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.