Unisphere Establishment Acquires Shares of 120,000 Informatica Inc. (NYSE:INFA)

Unisphere Establishment acquired a new stake in Informatica Inc. (NYSE:INFA - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 120,000 shares of the technology company's stock, valued at approximately $3,112,000.

Several other large investors have also bought and sold shares of INFA. FMR LLC increased its position 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 acquiring an additional 10,361,617 shares in the last quarter. Pictet Asset Management Holding SA increased its position in Informatica by 52.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 7,127,036 shares of the technology company's stock worth $184,804,000 after buying an additional 2,459,197 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Informatica by 28.6% during the fourth quarter. Vanguard Group Inc. now owns 10,844,546 shares of the technology company's stock valued at $281,199,000 after purchasing an additional 2,409,023 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Informatica by 13.8% in the 4th 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 during the period. Finally, Diamond Hill Capital Management Inc. bought a new stake in shares of Informatica during the 4th quarter valued at $36,236,000. 98.45% of the stock is owned by institutional investors.

Informatica Stock Performance

Shares of NYSE:INFA traded up $0.13 during trading on Monday, hitting $19.23. The company's stock had a trading volume of 448,999 shares, compared to its average volume of 2,109,050. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.17 and a quick ratio of 2.17. Informatica Inc. has a 12 month low of $15.65 and a 12 month high of $31.65. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of 640.71, a P/E/G ratio of 4.44 and a beta of 1.06. The company has a 50-day moving average of $18.03 and a 200-day moving average of $22.84.

Informatica (NYSE:INFA - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.17). Informatica had a return on equity of 5.76% and a net margin of 0.61%. The firm had revenue of $428.31 million during the quarter, compared to the consensus estimate of $457.55 million. On average, sell-side analysts expect that Informatica Inc. will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

INFA has been the subject of a number of research analyst reports. UBS Group dropped their price target on Informatica from $30.00 to $19.00 and set a "neutral" rating for the company in a research report on Friday, February 14th. Wells Fargo & Company cut shares of Informatica from a "buy" rating to an "equal weight" rating in a report on Friday, February 14th. Baird R W lowered Informatica from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 14th. Truist Financial reaffirmed a "buy" rating and set a $24.00 price objective (down from $34.00) on shares of Informatica in a research report on Friday, February 14th. Finally, DA Davidson dropped their price objective on shares of Informatica from $20.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Thirteen analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Informatica has a consensus rating of "Hold" and a consensus target price of $24.15.

Insider Buying and Selling at Informatica

In related news, EVP John Arthur Schweitzer sold 11,503 shares of Informatica stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $18.05, for a total transaction of $207,629.15. Following the completion of the transaction, the executive vice president now directly owns 416,410 shares of the company's stock, valued at approximately $7,516,200.50. The trade was a 2.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 48.10% of the company's stock.

About Informatica

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.