Intapp (INTA) to Release Earnings on Monday

Intapp (NASDAQ:INTA) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties that are interested in participating in 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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. Intapp had a negative net margin of 7.44% and a negative return on equity of 5.36%. The firm had revenue of $114.38 million for the quarter, compared to the consensus estimate of $111.58 million. During the same period in the prior year, the firm posted ($0.14) earnings per share. The company’s revenue for the quarter was up 20.9% on a year-over-year basis. On average, analysts expect Intapp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intapp Trading Down 1.3 %

Shares of Intapp stock opened at $49.50 on Friday. Intapp has a 12-month low of $30.36 and a 12-month high of $51.80. The company has a market cap of $3.81 billion, a price-to-earnings ratio of -110.00 and a beta of 0.64. The company’s 50-day moving average price is $47.52 and its 200-day moving average price is $39.59.

Insider Buying and Selling at Intapp

In other Intapp news, insider Thad Jampol sold 31,666 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $49.09, for a total transaction of $1,554,483.94. Following the transaction, the insider now directly owns 772,412 shares in the company, valued at $37,917,705.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Intapp news, insider Thad Jampol sold 31,666 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $49.09, for a total transaction of $1,554,483.94. Following the transaction, the insider now directly owns 772,412 shares in the company, valued at $37,917,705.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michele Murgel sold 1,252 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $50.00, for a total transaction of $62,600.00. Following the transaction, the insider now owns 152,702 shares in the company, valued at $7,635,100. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 151,239 shares of company stock worth $7,360,981 over the last ninety days. Insiders own 13.02% of the company’s stock.

Analysts Set New Price Targets

INTA has been the topic of a number of recent analyst reports. Barclays reissued an “equal weight” rating and issued a $44.00 price target on shares of Intapp in a report on Monday, October 7th. UBS Group raised their target price on shares of Intapp from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday, August 14th. Citigroup raised their target price on shares of Intapp from $52.00 to $63.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Stifel Nicolaus raised their target price on shares of Intapp from $45.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, September 23rd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Intapp in a research note on Monday, July 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Intapp has an average rating of “Moderate Buy” and a consensus target price of $50.00.

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.