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Why Informatica Inc (INFA) Stock Could See Much Higher Prices Ahead

Informatica Inc (NYSE: INFA) is 23.28% higher on its value in year-to-date trading and has touched a low of $13.29 and a high of $36.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INFA stock was last observed hovering at around $35.51 in the last trading session, with the day’s loss setting it -0.51%.

Currently trading at $35.00, the stock is 3.35% and 8.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -1.44% at the moment leaves the stock 42.59% off its SMA200. INFA registered 120.13% gain for a year compared to 6-month gain of 73.44%. The firm has a 50-day simple moving average (SMA 50) of $7.04 and a 200-day simple moving average (SMA200) of $46.56.

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The stock witnessed a 8.33% loss in the last 1 month and extending the period to 3 months gives it a 20.61%, and is -3.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.69% over the week and 2.62% over the month.

Informatica Inc (INFA) has around 5000 employees, a market worth around $10.33B and $1.60B in sales. Fwd P/E is 29.21. Profit margin for the company is -7.85%. Distance from 52-week low is 163.36% and -4.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.08%).

Informatica Inc quarterly earnings per share for the current quarter are estimated at $0.21 with sales reaching $387.8M over the same period.The EPS is expected to grow by 17.41% this year, but quarterly earnings will post 6.40% year-over-year. Quarterly sales are estimated to grow 6.10% in year-over-year returns.

Informatica Inc (INFA) Top Institutional Holders

219 institutions hold shares in Informatica Inc (INFA), with institutional investors hold 125.57% of the company’s shares. The shares outstanding are 250.87M, and float is at 127.31M with Short Float at 2.48%. Institutions hold 95.63% of the Float.

The top institutional shareholder in the company is Canada Pension Plan Investment Board with over 73.45 million shares valued at $1.36 billion. The investor’s holdings represent 30.11% of the INFA Shares outstanding. As of Jun 29, 2023, the second largest holder is Wellington Management Group, LLP with 8.95 million shares valued at $165.53 million to account for 3.67% of the shares outstanding. The other top investors are FIL LTD which holds 7.71 million shares representing 3.16% and valued at over $142.63 million, while Blackrock Inc. holds 2.21% of the shares totaling 5.39 million with a market value of $99.71 million.

Informatica Inc (INFA) Insider Activity

The most recent transaction is an insider sale by Schweitzer John Arthur,the company’sEVP & CHIEF REVENUE OFFICER. SEC filings show that Schweitzer John Arthur sold 5,952 shares of the company’s common stock on Mar 15 ’24 at a price of $33.87 per share for a total of $0.2 million. Following the sale, the insider now owns 0.49 million shares.

Informatica Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Schweitzer John Arthur (EVP & CHIEF REVENUE OFFICER) sold a total of 65,709 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $32.04 per share for $2.11 million. Following the transaction, the insider now directly holds 0.5 million shares of the INFA stock.

Still, SEC filings show that on Mar 07 ’24, Pellowski Mark (CHIEF ACCOUNTING OFFICER) disposed off 10,026 shares at an average price of $32.04 for $0.32 million. The insider now directly holds 150,937 shares of Informatica Inc (INFA).

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