Kennedy Capital Management LLC Increases Stock Holdings in Informatica Inc. (NYSE:INFA)

Kennedy Capital Management LLC increased its position in Informatica Inc. (NYSE:INFA - Free Report) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 878,396 shares of the technology company's stock after buying an additional 48,446 shares during the period. Informatica accounts for approximately 0.5% of Kennedy Capital Management LLC's investment portfolio, making the stock its 27th biggest holding. Kennedy Capital Management LLC owned about 0.29% of Informatica worth $22,777,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new stake in shares of Informatica during the 4th quarter worth approximately $32,000. Quarry LP purchased a new position in shares of Informatica during the third quarter worth about $38,000. National Bank of Canada FI grew its stake in Informatica by 3,288.0% in the 3rd quarter. National Bank of Canada FI now owns 1,694 shares of the technology company's stock worth $43,000 after buying an additional 1,644 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in Informatica in the fourth quarter worth $43,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Informatica during the 4th quarter valued at about $54,000. 98.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Informatica from a "buy" rating to a "hold" rating and set a $21.00 price target for the company. in a report on Friday, February 14th. Robert W. Baird reissued a "neutral" rating and set a $19.00 price target (down from $35.00) on shares of Informatica in a research report on Friday, February 14th. Guggenheim reaffirmed a "buy" rating and issued a $37.00 price target on shares of Informatica in a research report on Friday, January 31st. Baird R W downgraded Informatica from a "strong-buy" rating to a "hold" rating in a report on Friday, February 14th. Finally, Cantor Fitzgerald started coverage on shares of Informatica in a report on Friday, January 17th. They set a "neutral" rating and a $29.00 price objective for the company. Thirteen equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $24.15.

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Insider Activity

In related news, EVP John Arthur Schweitzer sold 11,503 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $18.18, for a total transaction of $209,124.54. Following the sale, the executive vice president now directly owns 328,799 shares of the company's stock, valued at $5,977,565.82. This represents a 3.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 48.10% of the company's stock.

Informatica Price Performance

Shares of Informatica stock traded up $0.03 on Tuesday, hitting $17.53. The company's stock had a trading volume of 476,193 shares, compared to its average volume of 2,098,888. Informatica Inc. has a 1 year low of $15.65 and a 1 year high of $38.00. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of 584.53, a price-to-earnings-growth ratio of 4.44 and a beta of 1.06. 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 firm has a fifty day moving average price of $19.18 and a 200-day moving average price of $23.58.

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

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.