Intapp (INTA) Scheduled to Post Earnings on Tuesday

Intapp (NASDAQ:INTA) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Intapp (NASDAQ:INTA) last released its quarterly earnings results on Tuesday, February 6th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.05. The firm had revenue of $103.93 million for the quarter, compared to analyst estimates 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 Stock Performance

Shares of Intapp stock traded down $1.09 on Tuesday, hitting $30.78. 46,333 shares of the company’s stock traded hands, compared to its average volume of 592,862. The firm’s 50-day moving average is $34.37 and its 200 day moving average is $37.29. Intapp has a 52-week low of $30.36 and a 52-week high of $50.46.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other Intapp news, COO Donald F. Coleman sold 5,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $44.11, for a total value of $220,550.00. Following the sale, the chief operating officer now directly owns 612,011 shares of the company’s stock, valued at $26,995,805.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, COO Donald F. Coleman sold 5,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $44.11, for a total transaction of $220,550.00. Following the transaction, the chief operating officer now directly owns 612,011 shares of the company’s stock, valued at $26,995,805.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 in the company, valued at $189,622,369.25. The disclosure for this sale can be found here. Insiders have sold 7,115,704 shares of company stock valued at $258,482,725 over the last three months. 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.