Corient Private Wealth LLC Has $1.96 Million Stock Position in Intapp, Inc. (NASDAQ:INTA)

Corient Private Wealth LLC decreased its position in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 14.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,506 shares of the company's stock after selling 5,196 shares during the quarter. Corient Private Wealth LLC's holdings in Intapp were worth $1,955,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raleigh Capital Management Inc. purchased a new stake in shares of Intapp in the fourth quarter worth approximately $25,000. Global Retirement Partners LLC acquired a new position in Intapp in the 4th quarter valued at $25,000. SBI Securities Co. Ltd. acquired a new position in shares of Intapp during the 4th quarter worth about $32,000. Quest Partners LLC acquired a new stake in shares of Intapp in the third quarter worth $54,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Intapp in the third quarter valued at about $64,000. Institutional investors own 89.96% of the company's stock.

Insider Transactions at Intapp

In other news, insider Michele Murgel sold 1,962 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $60.00, for a total value of $117,720.00. Following the transaction, the insider now directly owns 182,462 shares of the company's stock, valued at $10,947,720. This represents a 1.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thad Jampol sold 20,000 shares of the business's stock in a transaction on Wednesday, January 8th. The shares were 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 owns 828,197 shares of the company's stock, 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. Insiders sold a total of 184,827 shares of company stock worth $11,825,658 in the last three months. Insiders own 13.02% of the company's stock.

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Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. UBS Group increased their target price on shares of Intapp from $89.00 to $92.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Raymond James reissued a "market perform" rating on shares of Intapp in a research note on Friday, January 3rd. JPMorgan Chase & Co. raised their price target on Intapp from $58.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, December 9th. Stifel Nicolaus boosted their price objective on Intapp from $70.00 to $75.00 and gave the stock a "buy" rating in a report on Wednesday, December 18th. Finally, Piper Sandler restated an "overweight" rating and issued a $71.00 price objective (up from $60.00) on shares of Intapp in a report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.45.

Intapp Stock Down 2.7 %

Shares of NASDAQ:INTA traded down $1.68 during midday trading on Friday, reaching $59.91. 348,337 shares of the company were exchanged, compared to its average volume of 646,755. The firm has a market cap of $4.76 billion, a PE ratio of -206.58 and a beta of 0.76. Intapp, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $77.74. The stock has a fifty day simple moving average of $66.57 and a two-hundred day simple moving average of $60.13.

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

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.