Bamco Inc. NY Buys 34,409 Shares of Intapp, Inc. (NASDAQ:INTA)

Bamco Inc. NY boosted its stake in Intapp, Inc. (NASDAQ:INTA - Free Report) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,850,455 shares of the company's stock after acquiring an additional 34,409 shares during the period. Bamco Inc. NY owned 3.68% of Intapp worth $136,337,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in Intapp by 1.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 24,815 shares of the company's stock valued at $1,187,000 after purchasing an additional 264 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in Intapp by 7.2% in the third quarter. Harbor Capital Advisors Inc. now owns 5,539 shares of the company's stock valued at $265,000 after acquiring an additional 373 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in Intapp by 59.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,397 shares of the company's stock worth $67,000 after buying an additional 519 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Intapp by 1,054.0% in the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company's stock worth $28,000 after acquiring an additional 527 shares in the last quarter. Finally, J.Safra Asset Management Corp boosted its stake in Intapp by 634.0% during the 2nd quarter. J.Safra Asset Management Corp now owns 712 shares of the company's stock valued at $26,000 after acquiring an additional 615 shares during the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Bank of America lowered their price objective on Intapp from $52.00 to $48.00 and set a "buy" rating for the company in a research note on Wednesday, August 14th. Citigroup raised their price objective on shares of Intapp from $52.00 to $63.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. Stifel Nicolaus upped their target price on Intapp from $45.00 to $60.00 and gave the company a "buy" rating in a report on Monday, September 23rd. Piper Sandler reaffirmed an "overweight" rating and issued a $60.00 price objective (up previously from $46.00) on shares of Intapp in a research note on Tuesday, November 5th. Finally, Raymond James increased their price target on shares of Intapp from $46.00 to $55.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Intapp currently has a consensus rating of "Moderate Buy" and an average price target of $53.55.

Intapp Trading Up 2.4 %

Shares of NASDAQ:INTA traded up $1.48 during trading on Monday, hitting $64.03. 361,371 shares of the company were exchanged, compared to its average volume of 637,632. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of -217.86 and a beta of 0.64. Intapp, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $64.56. The firm has a fifty day moving average price of $52.58 and a two-hundred day moving average price of $43.20.

Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. The firm had revenue of $118.81 million for the quarter, compared to analysts' expectations of $117.88 million. During the same period in the prior year, the firm earned ($0.20) EPS. The business's revenue was up 17.0% on a year-over-year basis. As a group, research analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Insiders Place Their Bets

In related news, insider Thad Jampol sold 20,000 shares of Intapp stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $45.09, for a total transaction of $901,800.00. Following the completion of the transaction, the insider now owns 772,412 shares of the company's stock, valued at $34,828,057.08. This trade represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ralph Baxter sold 5,000 shares of Intapp stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $47.44, for a total value of $237,200.00. Following the completion of the sale, the director now owns 5,624 shares of the company's stock, valued at approximately $266,802.56. The trade was a 47.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 390,215 shares of company stock valued at $21,267,180. 13.02% of the stock is currently owned by corporate insiders.

Intapp Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.