Informatica Inc’s recently made public that its EVP & CHIEF REVENUE OFFICER Schweitzer John Arthur unloaded Company’s shares for reported $0.2 million on Mar 15 ’24. In the deal valued at $33.87 per share,5,952 shares were sold. As a result of this transaction, Schweitzer John Arthur now holds 490,902 shares worth roughly $17.19 million.
Then, Schweitzer John Arthur sold 65,709 shares, generating $2,105,513 in total proceeds. Upon selling the shares at $32.04, the EVP & CHIEF REVENUE OFFICER now owns 496,854 shares.
Before that, Pellowski Mark sold 10,026 shares. Informatica Inc shares valued at $321,243 were divested by the CHIEF ACCOUNTING OFFICER at a price of $32.04 per share. As a result of the transaction, Pellowski Mark now holds 150,937 shares, worth roughly $5.29 million.
Robert W. Baird initiated its Informatica Inc [INFA] rating to an Outperform in a research note published on April 03, 2024; the price target was $43. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. DA Davidson began covering INFA with “Neutral” recommendation on November 14, 2023. Guggenheim started covering the stock on January 27, 2023. It rated INFA as “a Buy”.
Price Performance Review of INFA
On Tuesday, Informatica Inc [NYSE:INFA] saw its stock fall -2.67% to $35.02. Over the last five days, the stock has lost -8.20%. Informatica Inc shares have risen nearly 23.35% since the year began. Nevertheless, the stocks have risen 120.53% over the past one year. While a 52-week high of $39.80 was reached on 04/12/24, a 52-week low of $13.29 was recorded on 01/04/24. SMA at 50 days reached $33.81, while 200 days put it at $25.74. A total of 4.25 million shares were traded, compared to the trading of 9.44 million shares in the previous session.
Levels Of Support And Resistance For INFA Stock
The 24-hour chart illustrates a support level at 34.42, which if violated will result in even more drops to 33.81. On the upside, there is a resistance level at 36.06. A further resistance level may holdings at 37.09. The Relative Strength Index (RSI) on the 14-day chart is 46.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.14%. Stochastics %K at 45.25% indicates the stock is a holding.
The most recent change occurred on January 18, 2023 when Scotiabank began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $15 price target.
