Insider Selling: Pamela Jo Hynes Sells 15,000 Shares of Interactive Intelligence Group Stock (ININ)
Interactive Intelligence Group (NASDAQ:ININ) VP Pamela Jo Hynes sold 15,000 shares of Interactive Intelligence Group stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $59.84, for a total value of $897,600.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on ININ shares. 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 investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Interactive Intelligence Group currently has an average rating of “Buy” and a consensus price target of $66.04.
Interactive Intelligence Group (NASDAQ:ININ) remained flat at $59.99 during trading on Wednesday. The stock had a trading volume of 36,929 shares. Interactive Intelligence Group has a 1-year low of $28.52 and a 1-year high of $66.94. The stock’s 50-day moving average is $59.42 and its 200-day moving average is $50.38. The company has a market cap of $1.202 billion and a price-to-earnings ratio of 205.45.
Interactive Intelligence Group (NASDAQ:ININ) last issued its quarterly earnings data 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. On average, analysts predict that Interactive Intelligence Group will post $0.47 earnings per share for the current fiscal year.
Interactive Intelligence Group, Inc (NASDAQ:ININ), formerly Interactive Intelligence, Inc, is a holding company.
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