Intapp, Inc. (NASDAQ:INTA) Insider David Benjamin Harrison Sells 22,373 Shares

Intapp, Inc. (NASDAQ:INTA - Get Free Report) insider David Benjamin Harrison sold 22,373 shares of Intapp stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $68.87, for a total value of $1,540,828.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Intapp Trading Down 3.7 %

Shares of Intapp stock traded down $2.56 on Tuesday, hitting $65.80. 899,035 shares of the company traded hands, compared to its average volume of 639,501. The stock's 50 day moving average price is $57.25 and its 200-day moving average price is $45.78. Intapp, Inc. has a 52 week low of $30.36 and a 52 week high of $71.34. The company has a market cap of $5.09 billion, a PE ratio of -226.90 and a beta of 0.74.

Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. The company had revenue of $118.81 million during the quarter, compared to the consensus estimate of $117.88 million. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. Intapp's revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.20) earnings per share. As a group, research analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Intapp

Large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its holdings in shares of Intapp by 1,054.0% during the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company's stock valued at $28,000 after buying an additional 527 shares during the last quarter. Blue Trust Inc. acquired a new stake in Intapp in the 2nd quarter valued at about $30,000. Comerica Bank raised its holdings in Intapp by 218.4% in the 1st quarter. Comerica Bank now owns 1,261 shares of the company's stock valued at $43,000 after acquiring an additional 865 shares during the last quarter. Quest Partners LLC acquired a new stake in Intapp in the 3rd quarter valued at about $54,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of Intapp in the 3rd quarter valued at approximately $57,000. 89.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on INTA shares. JPMorgan Chase & Co. lifted their target price on Intapp from $58.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, December 9th. Barclays lifted their price target on Intapp from $44.00 to $48.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 5th. Citigroup lifted their price target on Intapp from $63.00 to $87.00 and gave the stock a "buy" rating in a research report on Monday. Truist Financial lifted their price target on Intapp from $55.00 to $77.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Stifel Nicolaus lifted their price target on Intapp from $45.00 to $60.00 and gave the stock a "buy" rating in a research report on Monday, September 23rd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Intapp has an average rating of "Moderate Buy" and a consensus target price of $59.27.

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.