Interactive Intelligence Group Inc. (NASDAQ:ININ) shares saw an uptick in trading volume on Monday . 87,486 shares traded hands during mid-day trading, a decline of 11% from the previous session’s volume of 98,776 shares.The stock last traded at $43.79 and had previously closed at $43.65.

A number of brokerages have recently issued reports on ININ. Roth Capital restated a “buy” rating on shares of Interactive Intelligence Group in a research note on Saturday, April 30th. William Blair restated a “hold” rating on shares of Interactive Intelligence Group in a research note on Tuesday, May 3rd. Summit Redstone restated a “hold” rating and issued a $46.00 target price on shares of Interactive Intelligence Group in a research note on Friday, July 15th. Morgan Stanley restated a “hold” rating on shares of Interactive Intelligence Group in a research note on Monday, May 2nd. Finally, Zacks Investment Research lowered shares of Interactive Intelligence Group from a “hold” rating to a “sell” rating in a research note on Friday, May 6th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $41.17.

The firm’s 50 day moving average price is $42.31 and its 200 day moving average price is $35.21. The firm’s market capitalization is $963.75 million.

Interactive Intelligence Group (NASDAQ:ININ) last issued its quarterly earnings data on Monday, May 2nd. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by $0.07. The company had revenue of $99.28 million for the quarter, compared to analyst estimates of $101.64 million. Interactive Intelligence Group’s revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.04) EPS. On average, analysts expect that Interactive Intelligence Group Inc. will post ($0.10) earnings per share for the current year.

An institutional investor recently raised its position in Interactive Intelligence Group stock. New York State Common Retirement Fund raised its position in shares of Interactive Intelligence Group Inc. (NASDAQ:ININ) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,327 shares of the company’s stock after buying an additional 1,300 shares during the period. New York State Common Retirement Fund owned 0.19% of Interactive Intelligence Group worth $1,267,000 as of its most recent filing with the SEC.

Interactive Intelligence Group, Inc is a provider of software and services for collaboration, communications and customer engagement. The Company’s primary offering is its Customer Interaction Center (CIC) product suite, a multichannel communications platform that can be deployed on-premises or through the cloud as Communications as a Service (CaaS).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.