The InterGroup (NASDAQ:INTG) Releases Quarterly Earnings Results

The InterGroup (NASDAQ:INTG) announced its quarterly earnings data on Friday. The financial services provider reported ($1.26) earnings per share for the quarter, Zacks reports. The firm had revenue of $14.44 million during the quarter.

The InterGroup Stock Performance

Shares of INTG stock opened at $14.15 on Friday. The InterGroup has a twelve month low of $11.75 and a twelve month high of $25.30. The business has a fifty day simple moving average of $13.92 and a 200 day simple moving average of $15.25.

Insider Activity

In other news, Director John C. Love sold 10,485 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $14.25, for a total value of $149,411.25. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 81.90% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of The InterGroup in a research report on Saturday. They set a “hold” rating for the company.

About The InterGroup

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.