Mark Pellowski Sells 10,026 Shares of Informatica Inc. (NYSE:INFA) Stock

Informatica Inc. (NYSE:INFA) CAO Mark Pellowski sold 10,026 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $35.51, for a total transaction of $356,023.26. Following the sale, the chief accounting officer now owns 150,937 shares of the company’s stock, valued at approximately $5,359,772.87. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Mark Pellowski also recently made the following trade(s):

• On Thursday, March 7th, Mark Pellowski sold 10,026 shares of Informatica stock. The stock was sold at an average price of $32.04, for a total transaction of $321,233.04.

Informatica Trading Up 1.2 %

Shares of INFA stock opened at $35.08 on Friday. Informatica Inc. has a 52-week low of $13.29 and a 52-week high of $39.80. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.66 and a current ratio of 1.66. The company has a 50-day simple moving average of $34.16 and a two-hundred day simple moving average of $28.64. The company has a market capitalization of $10.35 billion, a price-to-earnings ratio of -76.26, a PEG ratio of 7.45 and a beta of 1.08.

Informatica (NYSE:INFA) last issued its quarterly earnings data on Wednesday, February 14th. The technology company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Informatica had a positive return on equity of 4.29% and a negative net margin of 7.85%. The firm had revenue of $445.18 million during the quarter, compared to the consensus estimate of $431.51 million. Research analysts anticipate that Informatica Inc. will post 0.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC bought a new position in shares of Informatica during the 4th quarter valued at approximately $39,000. State of Wyoming bought a new position in shares of Informatica during the 4th quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC bought a new position in shares of Informatica during the 4th quarter valued at approximately $46,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Informatica during the 2nd quarter valued at approximately $36,000. Finally, MetLife Investment Management LLC bought a new position in shares of Informatica during the 1st quarter valued at approximately $34,000. 98.45% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on INFA shares. The Goldman Sachs Group upgraded shares of Informatica from a “neutral” rating to a “buy” rating and upped their target price for the stock from $26.00 to $44.00 in a report on Friday, February 16th. Citigroup upped their target price on shares of Informatica from $28.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, February 12th. JPMorgan Chase & Co. upped their target price on shares of Informatica from $33.00 to $38.00 and gave the stock an “overweight” rating in a report on Thursday, February 15th. Royal Bank of Canada restated an “outperform” rating and issued a $41.00 target price on shares of Informatica in a report on Monday. Finally, UBS Group upped their target price on shares of Informatica from $27.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, February 15th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Informatica presently has a consensus rating of “Hold” and a consensus price target of $34.78.

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.