AQR Capital Management LLC Has $5.92 Million Stock Holdings in Informatica Inc. (NYSE:INFA)

AQR Capital Management LLC increased its position in Informatica Inc. (NYSE:INFA - Free Report) by 110.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 228,332 shares of the technology company's stock after buying an additional 119,691 shares during the period. AQR Capital Management LLC owned 0.07% of Informatica worth $5,921,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC acquired a new position in shares of Informatica during the 4th quarter worth $32,000. New Age Alpha Advisors LLC acquired a new position in Informatica during the fourth quarter worth $43,000. FNY Investment Advisers LLC bought a new position in Informatica during the fourth quarter valued at about $54,000. PNC Financial Services Group Inc. lifted its position 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 buying an additional 667 shares during the last quarter. Finally, KBC Group NV lifted its position in shares of Informatica by 69.4% in the fourth quarter. KBC Group NV now owns 3,235 shares of the technology company's stock worth $84,000 after buying an additional 1,325 shares during the last quarter. Institutional investors own 98.45% of the company's stock.

Informatica Stock Performance

Shares of INFA stock traded down $0.16 during mid-day trading on Friday, reaching $18.98. The stock had a trading volume of 1,473,180 shares, compared to its average volume of 2,126,556. Informatica Inc. has a one year low of $15.65 and a one year high of $31.65. The firm has a market cap of $5.74 billion, a PE ratio of 632.88, a P/E/G ratio of 4.44 and a beta of 1.04. The firm's 50 day simple moving average is $18.02 and its 200 day simple moving average is $22.60. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 0.75.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on INFA shares. Bank of America lowered Informatica from a "buy" rating to a "neutral" rating in a report on Friday, February 14th. Robert W. Baird restated a "neutral" rating and issued a $19.00 price objective (down from $35.00) on shares of Informatica in a research note on Friday, February 14th. UBS Group raised their target price on shares of Informatica from $19.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday. Guggenheim reissued a "buy" rating and set a $37.00 target price on shares of Informatica in a research report on Friday, January 31st. Finally, Baird R W downgraded Informatica from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 14th. Thirteen research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $23.62.

Insider Activity at Informatica

In other Informatica news, EVP John Arthur Schweitzer sold 11,503 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $18.18, for a total value of $209,124.54. Following the transaction, the executive vice president now owns 328,799 shares of the company's stock, valued at approximately $5,977,565.82. The trade was a 3.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 48.10% of the stock is currently owned by insiders.

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.