The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Informatica Inc shares valued at $2,370,293 were purchased by ANSA SEKHARAN on Sep 11 ’24. At $24.39 per share, ANSA SEKHARAN acquired 97,183 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Schweitzer John Arthur sold 4,601 shares, netting a total of over 109,743 in proceeds. Following the sale of shares at $23.85 each, the insider now holds 410,545 shares.
Before that, Schweitzer John Arthur had sold 3,757 shares from its account. In a trade valued at $89,326, the EVP & CHIEF REVENUE OFFICER traded Informatica Inc shares for $23.78 each. Upon closing the transaction, the insider’s holdings decreased to 3,757 shares, worth approximately $10.59 million.
As published in their initiating research note from Robert W. Baird on April 03, 2024, Informatica Inc [INFA] has been an Outperform and the price target has been revised to $43. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid February. As of November 14, 2023, DA Davidson has initiated its “Neutral” rating for INFA. Earlier on January 27, 2023, Guggenheim initiated its rating. Their recommendation was “a Buy” for INFA stock.
Analyzing INFA Stock Performance
During the last five days, there has been a surge of approximately 4.85%. Over the course of the year, Informatica Inc shares have dropped approximately -10.18%. Shares of the company reached a 52-week high of $39.80 on 04/12/24 and a 52-week low of $22.08 on 08/05/24. A 50-day SMA is recorded $25.22, while a 200-day SMA reached $29.40. Nevertheless, trading volume fell to 2.5 million shares from 1.15 million shares the previous day.
Support And Resistance Levels for Informatica Inc (INFA)
According to the 24-hour chart, there is a support level at 24.68, which, if violated, would cause prices to drop to 23.86. In the upper region, resistance lies at 25.97. The next price resistance is at 26.44. RSI (Relative Strength Index) is 58.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 19.73%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
