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 registering for the company’s conference call can do so using this link.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The firm had revenue of $114.38 million for 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 business’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same period in the prior year, the business posted ($0.14) earnings per share. On average, analysts expect Intapp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intapp Trading Up 0.5 %

NASDAQ INTA opened at $50.24 on Monday. The company’s 50-day moving average price is $46.78 and its 200-day moving average price is $38.98. The stock has a market cap of $3.69 billion, a PE ratio of -82.36 and a beta of 0.65. Intapp has a 12 month low of $30.36 and a 12 month high of $51.80.

Insider Activity

In other news, insider Thad Jampol sold 31,666 shares of the firm’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $49.09, for a total value of $1,554,483.94. Following the sale, the insider now directly owns 772,412 shares in the company, valued at approximately $37,917,705.08. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Thad Jampol sold 31,666 shares of Intapp stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $49.09, for a total value of $1,554,483.94. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Donald F. Coleman sold 58,003 shares of Intapp 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 sale, the chief operating officer now owns 668,239 shares of the company’s stock, valued at $32,950,865.09. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 156,239 shares of company stock worth $7,535,681. Corporate insiders own 36.56% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Barclays reiterated an “equal weight” rating and set a $44.00 target price on shares of Intapp in a report on Monday, October 7th. Stifel Nicolaus increased their target price on shares of Intapp from $45.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, September 23rd. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a report on Monday, July 8th. UBS Group increased their target price on shares of Intapp from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, August 14th. Finally, Piper Sandler reiterated an “overweight” rating and set a $46.00 target price on shares of Intapp in a report on Wednesday, August 14th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.