Informatica (NYSE:INFA) EVP John Arthur Schweitzer Sells 10,193 Shares

Key Points

• John Arthur Schweitzer, EVP of Informatica, sold 10,193 shares at an average price of $24.89, totaling approximately $253,703, reducing his position by 3.19% to 309,204 shares.
• Informatica reported earnings of $0.18 per share for the previous quarter, missing estimates by $0.03, despite a revenue increase of 1.7% year-over-year.
• Recent analyst ratings indicate a mixed sentiment on Informatica, with UBS raising their price target to $25 while Guggenheim downgraded the stock, indicating a consensus rating of "Reduce."

Informatica Inc. (NYSE:INFA - Get Free Report) EVP John Arthur Schweitzer sold 10,193 shares of Informatica stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $24.89, for a total value of $253,703.77. Following the completion of the sale, the executive vice president directly owned 309,204 shares in the company, valued at approximately $7,696,087.56. The trade was a 3.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

John Arthur Schweitzer also recently made the following trade(s):

• On Monday, September 15th, John Arthur Schweitzer sold 10,193 shares of Informatica stock. The shares were sold at an average price of $24.79, for a total value of $252,684.47.
• On Friday, August 15th, John Arthur Schweitzer sold 49,104 shares of Informatica stock. The shares were sold at an average price of $24.72, for a total value of $1,213,850.88.

Informatica Trading Down 0.1%

Shares of NYSE INFA traded down $0.02 during trading hours on Friday, hitting $24.82. 4,563,165 shares of the company traded hands, compared to its average volume of 3,550,969. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of -620.50, a price-to-earnings-growth ratio of 6.70 and a beta of 1.14. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.75. The company's 50 day moving average price is $24.82 and its 200 day moving average price is $22.79. Informatica Inc. has a 12 month low of $15.65 and a 12 month high of $28.14.

Informatica (NYSE:INFA - Get Free Report) last released its earnings results on Wednesday, August 6th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.03). The company had revenue of $407.34 million for the quarter, compared to the consensus estimate of $401.76 million. Informatica had a negative net margin of 0.45% and a positive return on equity of 4.64%. The business's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 EPS. On average, equities research analysts anticipate that Informatica Inc. will post 0.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

INFA has been the topic of several research analyst reports. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Informatica in a research report on Wednesday, October 8th. UBS Group upped their price objective on Informatica from $21.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Finally, Guggenheim downgraded Informatica from a "buy" rating to a "neutral" rating and set a $27.00 price objective on the stock. in a research report on Wednesday, August 6th. Sixteen analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $23.67.

Institutional Investors Weigh In On Informatica

A number of hedge funds have recently made changes to their positions in INFA. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Informatica during the 2nd quarter worth $31,000. New Age Alpha Advisors LLC lifted its stake in shares of Informatica by 51.5% during the 1st quarter. New Age Alpha Advisors LLC now owns 2,535 shares of the technology company's stock worth $44,000 after purchasing an additional 862 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Informatica by 1,545.0% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,813 shares of the technology company's stock worth $49,000 after purchasing an additional 2,642 shares during the last quarter. IFP Advisors Inc purchased a new stake in shares of Informatica during the 2nd quarter worth $50,000. Finally, Deutsche Bank AG lifted its stake in shares of Informatica by 126.1% during the 1st quarter. Deutsche Bank AG now owns 2,976 shares of the technology company's stock worth $52,000 after purchasing an additional 1,660 shares during the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Informatica Company 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.

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