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Informatica (NASDAQ:INFA)‘s stock had its “market outperform” rating restated by stock analysts at JMP Securities in a report issued on Friday. They currently have a $42.00 target price on the stock, down from their previous target price of $52.00. JMP Securities’ price objective suggests a potential upside of 37.03% from the stock’s previous close.

In other Informatica news, CEO Sohaib Abbasi unloaded 6,000 shares of Informatica stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $34.53, for a total transaction of $207,180.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Informatica in a research note on Friday. They now have a $32.00 price target on the stock, down previously from $40.00. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Informatica in a research note on Friday. They now have a $35.00 price target on the stock, down previously from $46.00. Finally, analysts at Wedbush cut their price target on shares of Informatica from $50.00 to $37.00 in a research note on Friday. They now have an “outperform” rating on the stock. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Informatica presently has a consensus rating of “Buy” and an average price target of $41.06.

Informatica (NASDAQ:INFA) traded down 12.25% on Friday, hitting $30.65. 11,374,137 shares of the company’s stock traded hands. Informatica has a 52 week low of $29.87 and a 52 week high of $43.79. The stock has a 50-day moving average of $35.35 and a 200-day moving average of $37.96. The company has a market cap of $3.365 billion and a price-to-earnings ratio of 41.58.

Informatica (NASDAQ:INFA) last released its earnings data on Thursday, July 24th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $250.71 million for the quarter, compared to the consensus estimate of $251.00 million. During the same quarter last year, the company posted $0.31 earnings per share. Informatica’s revenue was up 12.7% compared to the same quarter last year. Analysts expect that Informatica will post $1.62 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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