In Friday’s Wall Street session, Informatica Inc (NYSE:INFA) shares traded at $19.75, down -21.53% from the previous session.
INFA stock price is now -23.35% away from the 50-day moving average and -25.51% away from the 200-day moving average. The market capitalization of the company currently stands at $6.03B.
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With the price target reduced from $34 to $19, Wells Fargo Downgraded its rating from Overweight to Equal Weight for Informatica Inc (NYSE: INFA). On February 14, 2025, Robert W. Baird Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $35 to quote $19, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, Pellowski Mark, CHIEF ACCOUNTING OFFICER sold 10,035 shares of the company’s stock on Dec 16 ’24. The stock was sold for $271,567 at an average price of $27.06. Upon completion of the transaction, the CHIEF ACCOUNTING OFFICER now directly owns 138,477 shares in the company, valued at $2.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, EVP & CHIEF REVENUE OFFICER Schweitzer John Arthur sold 10,734 shares of the business’s stock. A total of $290,408 was realized by selling the stock at an average price of $27.05. This leaves the insider owning 353,778 shares of the company worth $6.99 million. A total of 43.82% of the company’s stock is owned by insiders.
During the past 12 months, Informatica Inc has had a low of $22.08 and a high of $39.80. As of last week, the company has a debt-to-equity ratio of 0.81, a current ratio of 1.82, and a quick ratio of 2.08. According to the stock market information, the enterprise value for the company is $6623013376, which is based on a 651.82 price-to-earnings ratio, a 71.71 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for INFA is $25.7676 and a two-hundred day moving average price translates $26.5126 for the stock.
The latest earnings results from Informatica Inc (NYSE: INFA) was released for 2024-12-31. The net profit margin was 0.61% and return on equity was 0.44% for INFA. The company reported revenue of $422.48 million for the quarter, compared to $408.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.41 percent. For the current quarter, analysts expect INFA to generate $393.68M in revenue.
