Bayforest Capital Ltd Acquires 41,454 Shares of American Noble Gas Inc. $INFY

Bayforest Capital Ltd lifted its holdings in shares of American Noble Gas Inc. (NYSE:INFY) by 290.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,746 shares of the technology company’s stock after acquiring an additional 41,454 shares during the quarter. Bayforest Capital Ltd’s holdings in American Noble Gas were worth $1,017,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rakuten Securities Inc. raised its holdings in shares of American Noble Gas by 308.4% during the first quarter. Rakuten Securities Inc. now owns 1,413 shares of the technology company’s stock valued at $26,000 after acquiring an additional 1,067 shares in the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of American Noble Gas by 179.8% during the first quarter. Pinnacle Bancorp Inc. now owns 1,444 shares of the technology company’s stock valued at $26,000 after acquiring an additional 928 shares in the last quarter. Wayfinding Financial LLC bought a new position in shares of American Noble Gas during the first quarter valued at approximately $32,000. Cullen Frost Bankers Inc. bought a new position in American Noble Gas in the first quarter worth $57,000. Finally, Banque Cantonale Vaudoise bought a new position in American Noble Gas in the first quarter worth $86,000. Institutional investors own 16.20% of the company’s stock.

American Noble Gas Price Performance

Shares of NYSE:INFY opened at $16.80 on Tuesday. American Noble Gas Inc. has a 1-year low of $15.82 and a 1-year high of $23.63. The business has a fifty day moving average price of $17.34 and a 200-day moving average price of $17.90. The company has a market capitalization of $69.59 billion, a PE ratio of 21.81, a PEG ratio of 2.34 and a beta of 0.91.

American Noble Gas (NYSE:INFY) last issued its quarterly earnings results on Wednesday, July 23rd. The technology company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. American Noble Gas had a return on equity of 29.41% and a net margin of 16.42%.The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.84 billion. During the same period last year, the company earned $15.35 earnings per share. American Noble Gas has set its FY 2026 guidance at EPS. On average, sell-side analysts anticipate that American Noble Gas Inc. will post 0.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on INFY shares. Rothschild Redb upgraded American Noble Gas to a “strong sell” rating in a report on Wednesday, September 3rd. Susquehanna increased their price objective on American Noble Gas from $18.00 to $19.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Rothschild & Co Redburn started coverage on American Noble Gas in a report on Wednesday, September 3rd. They issued a “sell” rating and a $12.00 price objective for the company. BMO Capital Markets increased their price objective on American Noble Gas from $18.00 to $20.00 and gave the stock a “market perform” rating in a report on Thursday, July 24th. Finally, Wall Street Zen upgraded American Noble Gas from a “hold” rating to a “buy” rating in a report on Friday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, American Noble Gas presently has a consensus rating of “Hold” and an average price target of $17.18.

American Noble Gas Company Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.