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Informatica (NASDAQ:INFA) was the recipient of unusually large options trading on Monday. Traders purchased 2,476 put options on the company, AnalystRatings.NET reports. This represents an increase of 814% compared to the average volume of 271 put options.

In other Informatica news, CEO Sohaib Abbasi unloaded 28,000 shares of Informatica stock on the open market in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $35.90, for a total value of $1,005,200.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs cut their price target on shares of Informatica from $44.00 to $39.00 in a research note on Thursday, May 22nd. Separately, analysts at Bank of America upgraded shares of Informatica from an “underperform” rating to a “neutral” rating in a research note on Monday, May 5th. They now have a $37.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Informatica from a “buy” rating to a “hold” rating in a research note on Monday, April 28th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $45.56.

Informatica (NASDAQ:INFA) traded down 0.49% during mid-day trading on Monday, hitting $35.485. 1,105,718 shares of the company’s stock traded hands. Informatica has a one year low of $34.62 and a one year high of $43.79. The stock’s 50-day moving average is $36.53 and its 200-day moving average is $38.66. The company has a market cap of $3.896 billion and a price-to-earnings ratio of 42.45.

Informatica (NASDAQ:INFA) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $243.10 million for the quarter, compared to the consensus estimate of $242.37 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. Analysts expect that Informatica will post $1.63 EPS for the current fiscal year.

Informatica Corporation (NASDAQ:INFA) is an independent provider of enterprise data integration and data quality software and services.

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