Informatica Inc’s recent filing unveils that its CHIEF ACCOUNTING OFFICER Pellowski Mark unloaded Company’s shares for reported $0.27 million on Dec 16 ’24. In the deal valued at $27.06 per share,10,035 shares were sold. As a result of this transaction, Pellowski Mark now holds 138,477 shares worth roughly $3.59 million.
Then, Schweitzer John Arthur sold 10,734 shares, generating $290,408 in total proceeds. Upon selling the shares at $27.05, the EVP & CHIEF REVENUE OFFICER now owns 353,778 shares.
Before that, Pellowski Mark sold 10,026 shares. Informatica Inc shares valued at $247,963 were divested by the CHIEF ACCOUNTING OFFICER at a price of $24.73 per share. As a result of the transaction, Pellowski Mark now holds 142,671 shares, worth roughly $3.7 million.
Truist initiated its Informatica Inc [INFA] rating to a Buy in a research note published on December 12, 2024; the price target was $34. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in early April with a ‘”an Outperform”‘ rating. Goldman also remained covering INFA and has increased its forecast on February 16, 2024 with a “Buy” recommendation from previously “Neutral” rating. DA Davidson started covering the stock on November 14, 2023. It rated INFA as “a Neutral”.
Price Performance Review of INFA
On Monday, Informatica Inc [NYSE:INFA] saw its stock fall -1.07% to $25.94. Over the last five days, the stock has lost -3.43%. Informatica Inc shares have fallen nearly -8.63% since the year began. Nevertheless, the stocks have fallen -9.59% over the past one year. While a 52-week high of $39.80 was reached on 04/12/24, a 52-week low of $22.08 was recorded on 08/05/24. SMA at 50 days reached $26.34, while 200 days put it at $28.06.
Levels Of Support And Resistance For INFA Stock
The 24-hour chart illustrates a support level at 25.68, which if violated will result in even more drops to 25.42. On the upside, there is a resistance level at 26.14. A further resistance level may holdings at 26.34. The Relative Strength Index (RSI) on the 14-day chart is 45.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.98%. Stochastics %K at 37.18% indicates the stock is a holding.
How much short interest is there in Informatica Inc?
A steep rise in short interest was recorded in Informatica Inc stocks on 2024-12-13, dropping by 62909.0 shares to a total of 4.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.4 million shares. There was a decline of -1.45%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 27, 2023 when Guggenheim began covering the stock and recommended ‘”a Buy”‘ rating along with a $24 price target.
