Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 172,066 Informatica Inc. (NYSE:INFA)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Informatica Inc. by purchasing 172,066 shares worth approximately $3 million, representing 0.06% of the company's stock.
• Insider activity reports indicate that executive vice presidents John Arthur Schweitzer and Ansa Sekharan have significantly reduced their ownership stakes, selling a combined total of approximately 148,277 shares.
• Informatica's stock currently shows a market capitalization of $7.44 billion and has seen a year-to-date high of $28.14, with the company reporting a revenue increase of 3.9% compared to the previous year.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Informatica Inc. (NYSE:INFA - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 172,066 shares of the technology company's stock, valued at approximately $3,003,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Informatica at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of INFA. Parallel Advisors LLC lifted its holdings in shares of Informatica by 540.4% during the 1st quarter. Parallel Advisors LLC now owns 1,441 shares of the technology company's stock worth $25,000 after acquiring an additional 1,216 shares during the period. Versant Capital Management Inc lifted its holdings in shares of Informatica by 7,053.8% during the 1st quarter. Versant Capital Management Inc now owns 1,860 shares of the technology company's stock worth $32,000 after acquiring an additional 1,834 shares during the period. New Age Alpha Advisors LLC purchased a new position in shares of Informatica during the 4th quarter worth about $43,000. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Informatica by 1,545.0% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,813 shares of the technology company's stock valued at $49,000 after buying an additional 2,642 shares during the period. Finally, Amalgamated Bank raised its holdings in Informatica by 16.9% in the first quarter. Amalgamated Bank now owns 4,089 shares of the technology company's stock valued at $71,000 after buying an additional 591 shares during the period. 98.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Ansa Sekharan sold 99,348 shares of the company's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $24.15, for a total transaction of $2,399,254.20. Following the completion of the transaction, the executive vice president directly owned 391,959 shares in the company, valued at $9,465,809.85. The trade was a 20.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John Arthur Schweitzer sold 116,199 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $24.00, for a total value of $2,788,776.00. Following the transaction, the executive vice president owned 382,005 shares of the company's stock, valued at approximately $9,168,120. This trade represents a 23.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 276,205 shares of company stock worth $6,600,164. Insiders own 2.80% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on INFA. Royal Bank Of Canada set a $25.00 price target on shares of Informatica in a report on Wednesday, May 28th. Truist Financial lowered shares of Informatica from a "strong-buy" rating to a "hold" rating and raised their price target for the company from $24.00 to $25.00 in a report on Wednesday, May 28th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $25.00 price target (up previously from $24.00) on shares of Informatica in a report on Wednesday, May 28th. Wells Fargo & Company raised their price target on shares of Informatica from $19.00 to $25.00 and gave the company an "equal weight" rating in a report on Wednesday, May 28th. Finally, 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, May 8th. Fifteen research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $24.17.

Informatica Stock Down 0.3%

NYSE:INFA traded down $0.07 on Friday, hitting $24.63. 2,840,693 shares of the company's stock traded hands, compared to its average volume of 4,033,919. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.78. Informatica Inc. has a 1 year low of $15.65 and a 1 year high of $28.14. The firm has a 50-day moving average price of $24.23 and a 200-day moving average price of $21.52. The company has a market cap of $7.45 billion, a PE ratio of -2,463,000.00, a price-to-earnings-growth ratio of 5.96 and a beta of 1.15.

Informatica (NYSE:INFA - Get Free Report) last posted its earnings results on Wednesday, May 7th. The technology company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. Informatica had a return on equity of 5.89% and a net margin of 0.12%. The firm had revenue of $403.90 million during the quarter, compared to analyst estimates of $392.14 million. During the same period in the previous year, the company earned $0.22 EPS. The company's revenue for the quarter was up 3.9% on a year-over-year basis. Equities analysts anticipate that Informatica Inc. will post 0.63 EPS for the current fiscal year.

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.