Intapp, Inc. (NASDAQ:INTA) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in Intapp, Inc. (NASDAQ:INTA - Free Report) by 18.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,247,247 shares of the company's stock after purchasing an additional 196,010 shares during the quarter. Geode Capital Management LLC owned about 1.57% of Intapp worth $79,953,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of INTA. Principal Financial Group Inc. bought a new position in Intapp in the 4th quarter valued at $291,000. Venturi Wealth Management LLC bought a new stake in shares of Intapp during the fourth quarter valued at about $305,000. Charles Schwab Investment Management Inc. boosted its holdings in Intapp by 17.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 448,666 shares of the company's stock valued at $28,755,000 after purchasing an additional 67,694 shares during the period. Barclays PLC increased its stake in Intapp by 90.1% in the 3rd quarter. Barclays PLC now owns 106,781 shares of the company's stock worth $5,108,000 after acquiring an additional 50,607 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in Intapp during the fourth quarter valued at approximately $378,000. Institutional investors and hedge funds own 89.96% of the company's stock.

Analyst Upgrades and Downgrades

INTA has been the topic of several research reports. Stifel Nicolaus lifted their price target on shares of Intapp from $70.00 to $75.00 and gave the stock a "buy" rating in a research note on Wednesday, December 18th. Raymond James reissued a "market perform" rating on shares of Intapp in a research report on Friday, January 3rd. Citigroup reaffirmed a "neutral" rating and issued a $78.00 price target (down from $87.00) on shares of Intapp in a research note on Thursday, January 16th. Barclays lowered their target price on shares of Intapp from $68.00 to $60.00 and set an "equal weight" rating for the company in a report on Monday. Finally, Piper Sandler reissued an "overweight" rating and set a $71.00 price target (up previously from $60.00) on shares of Intapp in a research report on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Intapp currently has a consensus rating of "Moderate Buy" and an average target price of $65.73.

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Insider Activity at Intapp

In related news, insider Thad Jampol sold 20,000 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $57.15, for a total value of $1,143,000.00. Following the sale, the insider now owns 857,250 shares in the company, valued at approximately $48,991,837.50. The trade was a 2.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 completion of the sale, the insider now directly owns 182,462 shares in the company, valued at $10,947,720. This represents a 1.06 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 274,755 shares of company stock valued at $17,088,761. 13.02% of the stock is owned by company insiders.

Intapp Price Performance

NASDAQ INTA traded up $1.04 on Tuesday, hitting $53.50. The stock had a trading volume of 427,266 shares, compared to its average volume of 654,645. The business's fifty day moving average price is $62.18 and its 200 day moving average price is $60.95. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $77.74. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of -184.48 and a beta of 0.82.

Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) EPS 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%. As a group, sell-side analysts anticipate that Intapp, Inc. will post -0.14 EPS 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.