Intapp (INTA) Scheduled to Post Earnings on Tuesday

Intapp (NASDAQ:INTA) will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect Intapp to post earnings of $0.07 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, February 6th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.05. The firm had revenue of $103.93 million for the quarter, compared to analysts’ expectations of $103.17 million. Intapp had a negative net margin of 13.81% and a negative return on equity of 12.98%. On average, analysts expect Intapp to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intapp Stock Performance

Shares of NASDAQ INTA traded down $1.09 during midday trading on Tuesday, reaching $30.78. 46,333 shares of the company were exchanged, compared to its average volume of 592,862. The stock’s 50-day moving average price is $34.37 and its 200-day moving average price is $37.29. Intapp has a one year low of $30.36 and a one year high of $50.46.

Insider Activity

In other news, CEO John T. Hall sold 30,344 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $40.27, for a total transaction of $1,221,952.88. Following the transaction, the chief executive officer now owns 4,708,775 shares in the company, valued at $189,622,369.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO John T. Hall sold 30,344 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $40.27, for a total transaction of $1,221,952.88. Following the transaction, the chief executive officer now owns 4,708,775 shares in the company, valued at $189,622,369.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director George R. Neble sold 1,500 shares of the company’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $31.38, for a total transaction of $47,070.00. Following the completion of the sale, the director now owns 29,047 shares in the company, valued at approximately $911,494.86. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,115,704 shares of company stock worth $258,482,725. Company insiders own 36.56% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on INTA shares. Citigroup decreased their target price on shares of Intapp from $57.00 to $52.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Stifel Nicolaus reduced their price objective on shares of Intapp from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, April 24th. Piper Sandler reissued an “overweight” rating and issued a $52.00 price objective on shares of Intapp in a research note on Monday, February 26th. Truist Financial boosted their price objective on shares of Intapp from $46.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, February 7th. Finally, Barclays dropped their target price on shares of Intapp from $47.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, April 11th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $48.44.

About Intapp

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.