Graham Capital Management L.P. Acquires 4,632 Shares of Informatica Inc. (NYSE:INFA)

Graham Capital Management L.P. increased its holdings in Informatica Inc. (NYSE:INFA) by 41.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,849 shares of the technology company’s stock after buying an additional 4,632 shares during the period. Graham Capital Management L.P.’s holdings in Informatica were worth $411,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. New Age Alpha Advisors LLC bought a new position in Informatica in the 4th quarter worth approximately $43,000. PNC Financial Services Group Inc. boosted its holdings in Informatica by 35.3% in the 4th 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 period. KBC Group NV boosted its holdings in Informatica by 69.4% in the 4th 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 period. Aquatic Capital Management LLC bought a new position in Informatica in the 4th quarter worth approximately $88,000. Finally, Sterling Capital Management LLC boosted its holdings in Informatica by 98.6% in the 4th quarter. Sterling Capital Management LLC now owns 4,838 shares of the technology company’s stock worth $125,000 after buying an additional 2,402 shares during the period. 98.45% of the stock is owned by institutional investors.

Informatica Stock Performance

NYSE INFA opened at $19.70 on Friday. Informatica Inc. has a 52-week low of $15.65 and a 52-week high of $31.65. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.17 and a current ratio of 2.17. The company has a market capitalization of $5.96 billion, a P/E ratio of 657.02, a P/E/G ratio of 4.44 and a beta of 1.04. The company has a fifty day moving average of $18.13 and a 200-day moving average of $22.38.

Informatica (NYSE:INFA) last posted its quarterly earnings data on Wednesday, May 7th. The technology company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. Informatica had a net margin of 0.61% and a return on equity of 5.76%. The company had revenue of $403.90 million during the quarter, compared to the consensus estimate of $392.14 million. During the same period in the previous year, the firm posted $0.22 EPS. The firm’s revenue was up 3.9% compared to the same quarter last year. As a group, equities research analysts predict that Informatica Inc. will post 0.63 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Cantor Fitzgerald initiated coverage on shares of Informatica in a report on Friday, January 17th. They issued a “neutral” rating and a $29.00 price objective for the company. Wedbush downgraded shares of Informatica to a “neutral” rating in a report on Friday, February 14th. Guggenheim reissued a “buy” rating and issued a $37.00 price target on shares of Informatica in a report on Friday, January 31st. The Goldman Sachs Group raised their price target on shares of Informatica from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. Finally, Wells Fargo & Company downgraded shares of Informatica from a “buy” rating to an “equal weight” rating in a 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $23.69.

Insider Buying and Selling

In other Informatica news, EVP John Arthur Schweitzer sold 11,503 shares of the business’s stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $18.05, for a total value of $207,629.15. Following the completion of the sale, the executive vice president now directly owns 416,410 shares of the company’s stock, valued at $7,516,200.50. The trade was a 2.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 48.10% of the stock is owned by corporate insiders.

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.