Insider Selling: Thomas J. Fisher Sells 4,500 Shares of Interactive Intelligence Group Stock (ININ)
Interactive Intelligence Group (NASDAQ:ININ) Insider Thomas J. Fisher unloaded 4,500 shares of Interactive Intelligence Group stock on the open market in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $50.99, for a total value of $229,455.00. Following the completion of the sale, the insider now directly owns 3,883 shares in the company, valued at approximately $197,994. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Interactive Intelligence Group (NASDAQ:ININ) traded up 0.13% during mid-day trading on Thursday, hitting $51.96. The stock had a trading volume of 203,999 shares. Interactive Intelligence Group has a 1-year low of $45.86 and a 1-year high of $81.59. The stock’s 50-day moving average is $53.54 and its 200-day moving average is $66.37. The company has a market cap of $1.082 billion and a P/E ratio of 196.55.
Interactive Intelligence Group (NASDAQ:ININ) last issued its quarterly earnings data on Monday, May 5th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.03. The company had revenue of $79.40 million for the quarter, compared to the consensus estimate of $79.67 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. On average, analysts predict that Interactive Intelligence Group will post $0.25 earnings per share for the current fiscal year.
ININ has been the subject of a number of recent research reports. Analysts at Wedbush cut their price target on shares of Interactive Intelligence Group from $80.00 to $60.00 in a research note on Tuesday, May 6th. Separately, analysts at Sidoti upgraded shares of Interactive Intelligence Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 6th. Finally, analysts at Northland Securities raised their price target on shares of Interactive Intelligence Group from $93.00 to $96.00 in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $75.90.
Interactive Intelligence Group, Inc (NASDAQ:ININ), formerly Interactive Intelligence, Inc, is a holding company.
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