Informatica Inc (NYSE:INFA) shares traded 1.55% higher at $24.29 on Wall Street last session.
INFA stock price is now 30.59% away from the 50-day moving average and 4.93% away from the 200-day moving average. The market capitalization of the company currently stands at $8.40B.
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, Schweitzer John Arthur, EVP & CHIEF REVENUE OFFICER sold 116,199 shares of the company’s stock on May 23 ’25. The stock was sold for $2,788,776 at an average price of $24.00. Upon completion of the transaction, the EVP & CHIEF REVENUE OFFICER now directly owns 382,005 shares in the company, valued at $9.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 27 ’25, Former Affiliate MARK A. PELLOWSKI bought 85,860 shares of the business’s stock. A total of $2,053,977 was incurred on buying the stock at an average price of $23.92. A total of 42.28% of the company’s stock is owned by insiders.
During the past 12 months, Informatica Inc has had a low of $15.65 and a high of $31.65. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 1.83, and a quick ratio of 1.83.
The net profit margin was 0.12% and return on equity was 0.09% for INFA. The company reported revenue of $403.9 million for the quarter, compared to $388.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.93 percent.