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Integrated Quantitative Investments buys $2.4M in Infosys, while Trexquant sells off shares; Infosys meets earnings.
Integrated Quantitative Investments LLC has increased its stake in Infosys Limited, purchasing about 110,200 shares valued at $2.4 million, while Trexquant Investment LP sold off a significant portion of its shares, reducing its holdings by 24.6%.
Despite these changes, Infosys met earnings expectations with $0.19 EPS and analysts predict 0.74 EPS for the year.
The company's stock currently holds a "Hold" rating with a target price of $19.70.
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Inversiones Cuantitativas Integradas compra $2.4M en Infosys, mientras que Trexquant vende acciones; Infosys logra ganancias.