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A company insider recently sold 10,035 shares of Informatica Inc [INFA]. Should You Sale?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Informatica Inc shares valued at $271,567 were sold by Pellowski Mark on Dec 16 ’24. At $27.06 per share, Pellowski Mark sold 10,035 shares. The insider’s holdings dropped to 138,477 shares worth approximately $3.55 million following the completion of this transaction.

Also, Schweitzer John Arthur sold 10,734 shares, netting a total of over 290,408 in proceeds. Following the sale of shares at $27.05 each, the insider now holds 353,778 shares.

Before that, Pellowski Mark had sold 10,026 shares from its account. In a trade valued at $247,963, the CHIEF ACCOUNTING OFFICER traded Informatica Inc shares for $24.73 each. Upon closing the transaction, the insider’s holdings decreased to 10,026 shares, worth approximately $3.66 million.

As published in their initiating research note from Cantor Fitzgerald on January 17, 2025, Informatica Inc [INFA] has been a Neutral and the price target has been revised to $29. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of April 03, 2024, Robert W. Baird has initiated its “an Outperform” rating for INFA. Earlier on February 16, 2024, Goldman upgraded its rating. Their new recommendation was “a Buy” for INFA stock which previously was a “a Neutral”.

Analyzing INFA Stock Performance

During the last five days, there has been a surge of approximately 2.89%. Over the course of the year, Informatica Inc shares have dropped approximately -1.08%. Shares of the company reached a 52-week high of $27.00 on 01/06/25 and a 52-week low of $24.11 on 01/14/25. A 50-day SMA is recorded $25.96, while a 200-day SMA reached $27.02. Nevertheless, trading volume fell to 0.81 million shares from 1.54 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 25.32, which, if violated, would cause prices to drop to 24.98. In the upper region, resistance lies at 25.87. The next price resistance is at 26.09. RSI (Relative Strength Index) is 52.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.57, which suggests the price will decrease in the coming days. Percent R is at 28.04%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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