Intapp (INTA) to Release Quarterly Earnings on Tuesday

Intapp (NASDAQ:INTA) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Intapp to post earnings of $0.07 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

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

Intapp Trading Down 0.7 %

Shares of INTA stock opened at $31.00 on Friday. The firm has a market capitalization of $2.26 billion, a PE ratio of -38.75 and a beta of 0.56. The firm has a fifty day simple moving average of $33.56 and a two-hundred day simple moving average of $37.15. Intapp has a 12 month low of $30.36 and a 12 month high of $50.46.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Stifel Nicolaus decreased their price target on shares of Intapp from $47.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, April 24th. Truist Financial boosted their price target on shares of Intapp from $46.00 to $47.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Oppenheimer decreased their price target on shares of Intapp from $50.00 to $42.00 and set an “outperform” rating for the company in a research note on Thursday. Piper Sandler restated an “overweight” rating and set a $52.00 price target on shares of Intapp in a research note on Monday, February 26th. Finally, Barclays reduced their target price on shares of Intapp from $47.00 to $42.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $47.78.

Insider Buying and Selling at Intapp

In other news, COO Donald F. Coleman sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $38.91, for a total transaction of $583,650.00. Following the transaction, the chief operating officer now directly owns 629,338 shares of the company’s stock, valued at $24,487,541.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Intapp news, COO Donald F. Coleman sold 15,000 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $38.91, for a total value of $583,650.00. Following the completion of the sale, the chief operating officer now directly owns 629,338 shares in the company, valued at $24,487,541.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO John T. Hall sold 30,344 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $40.27, for a total value of $1,221,952.88. Following the transaction, the chief executive officer now directly owns 4,708,775 shares of the company’s stock, valued at approximately $189,622,369.25. The disclosure for this sale can be found here. Insiders sold 7,106,704 shares of company stock valued at $258,088,735 in the last quarter. Company insiders own 36.56% of the company’s stock.

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.