Swiss National Bank Grows Stock Holdings in Informatica Inc. $INFA

Swiss National Bank grew its stake in Informatica Inc. (NYSE:INFA) by 9.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 222,200 shares of the technology company’s stock after purchasing an additional 19,700 shares during the period. Swiss National Bank owned approximately 0.07% of Informatica worth $5,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in INFA. Amalgamated Bank lifted its position in Informatica by 11.9% during the second quarter. Amalgamated Bank now owns 4,577 shares of the technology company’s stock worth $111,000 after buying an additional 488 shares in the last quarter. Cooper Financial Group increased its stake in shares of Informatica by 3.0% in the 1st quarter. Cooper Financial Group now owns 24,954 shares of the technology company’s stock worth $435,000 after acquiring an additional 718 shares during the last quarter. New Age Alpha Advisors LLC raised its holdings 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 acquiring an additional 862 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Informatica during the 2nd quarter valued at about $31,000. Finally, Deutsche Bank AG boosted its position 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 valued at $52,000 after acquiring an additional 1,660 shares during the last quarter. Institutional investors and hedge funds own 98.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on INFA. UBS Group lifted their target price on shares of Informatica from $21.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Informatica in a report on Thursday, November 13th. Finally, Guggenheim cut Informatica from a “buy” rating to a “neutral” rating and set a $27.00 price objective on the stock. in a report on Wednesday, August 6th. Sixteen investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $23.67.

Insider Buying and Selling at Informatica

In related news, EVP John Arthur Schweitzer sold 10,193 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $24.89, for a total transaction of $253,703.77. Following the completion of the transaction, the executive vice president directly owned 309,204 shares in the company, valued at $7,696,087.56. This trade represents a 3.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Francis R. Santiago sold 16,790 shares of Informatica stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $24.78, for a total value of $416,056.20. Following the completion of the transaction, the chief accounting officer directly owned 43,851 shares of the company’s stock, valued at approximately $1,086,627.78. This represents a 27.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 37,176 shares of company stock valued at $922,444. Company insiders own 2.80% of the company’s stock.

Informatica Price Performance

Informatica stock opened at $24.79 on Tuesday. The company’s 50 day simple moving average is $24.84 and its 200-day simple moving average is $24.42. Informatica Inc. has a 1 year low of $15.65 and a 1 year high of $27.88. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.16 and a quick ratio of 2.16.

Informatica (NYSE:INFA) last posted its quarterly earnings data on Wednesday, November 5th. The technology company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.03. The firm had revenue of $439.16 million during the quarter, compared to analysts’ expectations of $437.21 million. Informatica had a net margin of 0.62% and a return on equity of 5.51%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company posted $0.28 EPS. Equities research analysts forecast that Informatica Inc. will post 0.63 EPS for the current year.

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.