Intapp (INTA) Scheduled to Post Quarterly Earnings on Tuesday

Intapp (NASDAQ:INTA - Get Free Report) is scheduled to issue 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 interested in listening to the company's conference call can do so using this link.

Intapp (NASDAQ:INTA - Get Free Report) last announced its earnings results on Tuesday, February 6th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.05. The company 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 Stock Down 3.0 %

Shares of Intapp stock traded down $0.95 during trading hours on Tuesday, hitting $30.92. 362,470 shares of the company's stock traded hands, compared to its average volume of 596,702. The stock has a 50 day simple moving average of $34.16 and a 200-day simple moving average of $37.27. The company has a market cap of $2.26 billion, a PE ratio of -38.65 and a beta of 0.51. Intapp has a twelve month low of $30.36 and a twelve month high of $50.46.

Analyst Ratings Changes

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

Insider Activity

In other news, insider Thad Jampol sold 15,000 shares of Intapp stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $40.03, for a total transaction of $600,450.00. Following the sale, the insider now owns 707,650 shares of the company's stock, valued at $28,327,229.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, major shareholder Great Hill Equity Partners Iv sold 7,000,000 shares of the firm's stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $36.27, for a total transaction of $253,890,000.00. Following the transaction, the insider now owns 6,738,269 shares in the company, valued at $244,397,016.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thad Jampol sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $40.03, for a total transaction of $600,450.00. Following the transaction, the insider now owns 707,650 shares in the company, valued at approximately $28,327,229.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,115,704 shares of company stock valued at $258,482,725. 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.