Intapp, Inc. (NASDAQ:INTA) Shares Acquired by Barclays PLC

Barclays PLC grew its position in Intapp, Inc. (NASDAQ:INTA - Free Report) by 15.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,114 shares of the company's stock after acquiring an additional 16,333 shares during the period. Barclays PLC owned about 0.16% of Intapp worth $7,889,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of INTA. Summit Investment Advisors Inc. lifted its stake in Intapp by 40.4% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,579 shares of the company's stock valued at $358,000 after buying an additional 1,604 shares in the last quarter. Renaissance Technologies LLC increased its stake in Intapp by 24.4% during the fourth quarter. Renaissance Technologies LLC now owns 224,600 shares of the company's stock worth $14,395,000 after acquiring an additional 44,100 shares during the last quarter. Legal & General Group Plc increased its position in shares of Intapp by 10.4% during the 4th quarter. Legal & General Group Plc now owns 60,920 shares of the company's stock worth $3,904,000 after purchasing an additional 5,752 shares during the last quarter. Invesco Ltd. raised its stake in shares of Intapp by 6,506.1% in the 4th quarter. Invesco Ltd. now owns 1,980,506 shares of the company's stock valued at $126,931,000 after acquiring an additional 1,950,526 shares during the period. Finally, Federated Hermes Inc. lifted its stake in Intapp by 198.2% during the fourth quarter. Federated Hermes Inc. now owns 133,666 shares of the company's stock worth $8,567,000 after purchasing an additional 88,841 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on INTA shares. Raymond James reaffirmed a "market perform" rating on shares of Intapp in a research report on Friday, January 3rd. Citigroup reiterated a "neutral" rating on shares of Intapp in a research note on Monday, April 21st. Truist Financial lowered their price objective on Intapp from $80.00 to $68.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. UBS Group increased their target price on shares of Intapp from $89.00 to $92.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Finally, Barclays reduced their price target on shares of Intapp from $68.00 to $60.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Intapp has an average rating of "Moderate Buy" and an average price target of $64.91.

Intapp Price Performance

Intapp stock traded down $0.02 during mid-day trading on Friday, reaching $54.38. The company had a trading volume of 262,651 shares, compared to its average volume of 656,682. The stock's 50-day simple moving average is $58.58 and its 200-day simple moving average is $61.17. Intapp, Inc. has a 1 year low of $30.42 and a 1 year high of $77.74. The company has a market capitalization of $4.32 billion, a P/E ratio of -187.51 and a beta of 0.82.

Intapp (NASDAQ:INTA - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.25). Intapp had a negative net margin of 4.78% and a negative return on equity of 1.86%. On average, equities analysts forecast that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO John T. Hall sold 33,227 shares of the business's stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $68.83, for a total transaction of $2,287,014.41. Following the completion of the sale, the chief executive officer now directly owns 5,258,576 shares of the company's stock, valued at $361,947,786.08. The trade was a 0.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Thad Jampol sold 112,928 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $59.27, for a total value of $6,693,242.56. Following the completion of the transaction, the insider now directly owns 857,250 shares in the company, valued at $50,809,207.50. This trade represents a 11.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 274,755 shares of company stock valued at $17,088,761. Corporate insiders own 13.02% of the company's stock.

Intapp Company 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.