Bryce Point Capital LLC Makes New Investment in Intapp, Inc. (NASDAQ:INTA)

Bryce Point Capital LLC purchased a new stake in Intapp, Inc. (NASDAQ:INTA - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 22,301 shares of the company's stock, valued at approximately $1,429,000.

A number of other institutional investors also recently made changes to their positions in INTA. Raleigh Capital Management Inc. acquired a new stake in Intapp during the 4th quarter worth approximately $25,000. Global Retirement Partners LLC acquired a new stake in shares of Intapp during the fourth quarter worth $25,000. SBI Securities Co. Ltd. bought a new stake in shares of Intapp in the fourth quarter valued at about $32,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Intapp in the third quarter valued at about $64,000. Finally, Huntington National Bank increased its position in Intapp by 53.2% during the fourth quarter. Huntington National Bank now owns 1,474 shares of the company's stock worth $94,000 after acquiring an additional 512 shares during the period. Institutional investors own 89.96% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on INTA. Truist Financial boosted their price objective on shares of Intapp from $55.00 to $77.00 and gave the company a "buy" rating in a report on Friday, December 13th. Stifel Nicolaus increased their price target on Intapp from $70.00 to $75.00 and gave the stock a "buy" rating in a research report on Wednesday, December 18th. UBS Group lifted their price objective on Intapp from $89.00 to $92.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Citigroup reissued a "neutral" rating and set a $78.00 target price (down from $87.00) on shares of Intapp in a report on Thursday, January 16th. Finally, Raymond James reaffirmed a "market perform" rating on shares of Intapp in a research note on Friday, January 3rd. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $66.45.

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Intapp Trading Up 0.3 %

Shares of Intapp stock traded up $0.16 on Monday, reaching $51.11. The stock had a trading volume of 314,360 shares, compared to its average volume of 649,464. The business's 50 day moving average is $65.12 and its two-hundred day moving average is $60.82. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $77.74. The company has a market cap of $4.06 billion, a P/E ratio of -178.30 and a beta of 0.82.

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

Insider Activity

In other news, CEO John T. Hall sold 33,227 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $68.83, for a total value of $2,287,014.41. Following 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 document filed with the SEC, which is available through the SEC website. Also, insider Thad Jampol sold 20,000 shares of the business's stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $61.85, for a total value of $1,237,000.00. Following the completion of the sale, the insider now directly owns 828,197 shares in the company, valued at $51,223,984.45. This trade represents a 2.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 294,755 shares of company stock valued at $18,325,761. Insiders own 13.02% of the company's stock.

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.