Schroder Investment Management Group Grows Holdings in Informatica Inc. (NYSE:INFA)

Schroder Investment Management Group increased its position in Informatica Inc. (NYSE:INFA - Free Report) by 63.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,662,332 shares of the technology company's stock after purchasing an additional 642,396 shares during the quarter. Schroder Investment Management Group owned approximately 0.54% of Informatica worth $43,121,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its holdings in Informatica by 35.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,556 shares of the technology company's stock valued at $66,000 after buying an additional 667 shares during the period. ORG Wealth Partners LLC bought a new stake in Informatica during the 4th quarter valued at $32,000. KBC Group NV increased its holdings in shares of Informatica by 69.4% in the 4th quarter. KBC Group NV now owns 3,235 shares of the technology company's stock valued at $84,000 after acquiring an additional 1,325 shares during the period. Pacer Advisors Inc. raised its position in shares of Informatica by 30.6% in the 4th quarter. Pacer Advisors Inc. now owns 6,140 shares of the technology company's stock worth $159,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Cooper Financial Group lifted its stake in shares of Informatica by 6.6% during the 4th quarter. Cooper Financial Group now owns 24,236 shares of the technology company's stock worth $628,000 after purchasing an additional 1,504 shares during the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Transactions at Informatica

In other news, EVP John Arthur Schweitzer sold 11,503 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $18.18, for a total value of $209,124.54. Following the completion of the transaction, the executive vice president now owns 328,799 shares of the company's stock, valued at $5,977,565.82. The trade was a 3.38 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 48.10% of the company's stock.

Analysts Set New Price Targets

INFA has been the topic of several analyst reports. Guggenheim reiterated a "buy" rating and issued a $37.00 target price on shares of Informatica in a research note on Friday, January 31st. UBS Group reduced their price objective on shares of Informatica from $30.00 to $19.00 and set a "neutral" rating for the company in a research note on Friday, February 14th. Cantor Fitzgerald started coverage on shares of Informatica in a research note on Friday, January 17th. They issued a "neutral" rating and a $29.00 target price for the company. The Goldman Sachs Group downgraded Informatica from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $38.00 to $20.00 in a research report on Friday, February 14th. Finally, Baird R W lowered Informatica from a "strong-buy" rating to a "hold" rating in a report on Friday, February 14th. Twelve equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Informatica has an average rating of "Hold" and an average target price of $24.67.

Informatica Stock Performance

INFA traded down $0.27 on Friday, reaching $16.70. 2,601,285 shares of the stock were exchanged, compared to its average volume of 2,080,181. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.17 and a quick ratio of 2.17. The company's 50-day moving average price is $20.57 and its 200 day moving average price is $24.04. The firm has a market capitalization of $5.05 billion, a PE ratio of 556.69, a PEG ratio of 4.44 and a beta of 1.06. Informatica Inc. has a fifty-two week low of $16.25 and a fifty-two week high of $39.80.

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