Interactive Intelligence Group (NASDAQ:ININ) Director Richard Halperin sold 8,000 shares of the stock on the open market in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $59.55, for a total value of $476,400.00. Following the transaction, the director now directly owns 5,000 shares in the company. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Interactive Intelligence Group (NASDAQ:ININ) from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, August 7th. They now have a $68.30 price target on the stock. Separately, analysts at Wedbush raised their price target on shares of Interactive Intelligence Group (NASDAQ:ININ) from $53.00 to $66.00 in a research note to investors on Tuesday, August 6th. They now have a “neutral” rating on the stock. Finally, analysts at Roth Capital raised their price target on shares of Interactive Intelligence Group (NASDAQ:ININ) from $46.00 to $70.00 in a research note to investors on Tuesday, August 6th.
Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $66.04.
Shares of Interactive Intelligence Group (NASDAQ:ININ) traded down 0.72% on Thursday, hitting $59.59. 21,033 shares of the company’s stock traded hands. Interactive Intelligence Group has a 1-year low of $28.16 and a 1-year high of $66.94. The stock has a 50-day moving average of $58.93 and a 200-day moving average of $49.82. The company has a market cap of $1.194 billion and a P/E ratio of 205.55.
Interactive Intelligence Group (NASDAQ:ININ) last announced its earnings results on Monday, August 5th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.12. The company had revenue of $76.20 million for the quarter, compared to the consensus estimate of $69.98 million. During the same quarter last year, the company posted $0.03 earnings per share. Interactive Intelligence Group’s revenue was up 39.1% compared to the same quarter last year. Analysts expect that Interactive Intelligence Group will post $0.47 EPS for the current fiscal year.
Interactive Intelligence Group, Inc (NASDAQ:ININ), formerly Interactive Intelligence, Inc, is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.