Intapp (INTA) to Release Quarterly Earnings on Tuesday

Intapp (NASDAQ:INTA) is set to 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. Parties interested in participating in the company’s conference call can do so using this link.

Intapp (NASDAQ:INTA) last issued its quarterly earnings results on Tuesday, February 6th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.05. The company had revenue of $103.93 million during 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 Price Performance

Shares of INTA stock opened at $31.00 on Monday. Intapp has a 12 month low of $30.36 and a 12 month high of $50.46. The company’s fifty day simple moving average is $33.56 and its 200-day simple moving average is $37.17.

Insider Transactions at Intapp

In other Intapp news, Director George R. Neble sold 1,500 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $31.38, for a total value of $47,070.00. Following the transaction, the director now directly owns 29,047 shares of the company’s stock, valued at approximately $911,494.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Thad Jampol sold 15,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $40.03, for a total value of $600,450.00. Following the transaction, the insider now directly owns 707,650 shares in the company, valued at $28,327,229.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director George R. Neble sold 1,500 shares of the firm’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 transaction, the director now directly owns 29,047 shares in the company, valued at $911,494.86. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,106,704 shares of company stock worth $258,088,735. 36.56% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

INTA has been the topic of several analyst reports. Oppenheimer cut their price target on shares of Intapp from $50.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday. Piper Sandler reiterated an “overweight” rating and set a $52.00 target price on shares of Intapp in a report on Monday, February 26th. Citigroup decreased their price target on Intapp from $57.00 to $52.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Stifel Nicolaus dropped their price objective on Intapp from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, April 24th. Finally, Truist Financial raised their target price 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. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $47.78.

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.