Intapp (INTA) Scheduled to Post Earnings on Monday

Intapp (NASDAQ:INTA) will be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Intapp to post earnings of $0.13 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Intapp (NASDAQ:INTA) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.03. The business had revenue of $114.38 million during the quarter, compared to analysts’ expectations of $111.58 million. Intapp had a negative net margin of 7.44% and a negative return on equity of 5.36%. The firm’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.14) EPS. On average, analysts expect Intapp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intapp Stock Down 1.3 %

Shares of INTA opened at $49.50 on Friday. The firm has a fifty day simple moving average of $47.52 and a two-hundred day simple moving average of $39.53. Intapp has a twelve month low of $30.36 and a twelve month high of $51.80. The stock has a market capitalization of $3.81 billion, a P/E ratio of -110.00 and a beta of 0.65.

Analyst Upgrades and Downgrades

INTA has been the subject of several research analyst reports. Barclays reaffirmed an “equal weight” rating and issued a $44.00 target price on shares of Intapp in a research report on Monday, October 7th. Stifel Nicolaus lifted their price target on shares of Intapp from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, September 23rd. Piper Sandler reissued an “overweight” rating and set a $46.00 price target on shares of Intapp in a research report on Wednesday, August 14th. Oppenheimer reissued a “market perform” rating on shares of Intapp in a research report on Monday, July 8th. Finally, Citigroup lifted their price target on shares of Intapp from $52.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, September 25th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $50.00.

Insider Buying and Selling at Intapp

In other news, COO Donald F. Coleman sold 58,003 shares of Intapp stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $49.31, for a total value of $2,860,127.93. Following the completion of the sale, the chief operating officer now directly owns 668,239 shares in the company, valued at $32,950,865.09. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, insider Michele Murgel sold 1,252 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $50.00, for a total value of $62,600.00. Following the transaction, the insider now owns 152,702 shares of the company’s stock, valued at approximately $7,635,100. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Donald F. Coleman sold 58,003 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $49.31, for a total transaction of $2,860,127.93. Following the completion of the transaction, the chief operating officer now directly owns 668,239 shares in the company, valued at approximately $32,950,865.09. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,239 shares of company stock worth $7,360,981. 13.02% of the stock is owned by corporate insiders.

Intapp Company Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.