George Kaiser Family Foundation Purchases 15,127 Shares of Intapp, Inc. (NASDAQ:INTA)

George Kaiser Family Foundation boosted its stake in Intapp, Inc. (NASDAQ:INTA - Free Report) by 14.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 119,097 shares of the company's stock after buying an additional 15,127 shares during the period. Intapp accounts for approximately 0.9% of George Kaiser Family Foundation's investment portfolio, making the stock its 4th largest holding. George Kaiser Family Foundation owned 0.15% of Intapp worth $5,696,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. grew its stake in shares of Intapp by 7.2% in the third quarter. Harbor Capital Advisors Inc. now owns 5,539 shares of the company's stock worth $265,000 after purchasing an additional 373 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Intapp by 1,054.0% in the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company's stock worth $28,000 after purchasing an additional 527 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Intapp by 239.1% in the first quarter. Advisors Asset Management Inc. now owns 824 shares of the company's stock worth $28,000 after purchasing an additional 581 shares in the last quarter. J.Safra Asset Management Corp grew its stake in shares of Intapp by 634.0% in the second quarter. J.Safra Asset Management Corp now owns 712 shares of the company's stock worth $26,000 after purchasing an additional 615 shares in the last quarter. Finally, Federated Hermes Inc. grew its stake in shares of Intapp by 9.8% in the second quarter. Federated Hermes Inc. now owns 7,805 shares of the company's stock worth $286,000 after purchasing an additional 694 shares in the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

INTA has been the subject of several research reports. Barclays raised their target price on Intapp from $44.00 to $48.00 and gave the company an "equal weight" rating in a research note on Tuesday, November 5th. Piper Sandler reaffirmed an "overweight" rating and set a $60.00 target price (up previously from $46.00) on shares of Intapp in a research note on Tuesday, November 5th. Raymond James raised their target price on Intapp from $46.00 to $55.00 and gave the company an "outperform" rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. raised their target price on Intapp from $52.00 to $58.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Finally, Truist Financial reaffirmed a "buy" rating and set a $55.00 target price (up previously from $47.00) on shares of Intapp in a research note on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $53.55.

Intapp Price Performance

Intapp stock traded up $1.53 during mid-day trading on Tuesday, hitting $57.89. The company's stock had a trading volume of 335,112 shares, compared to its average volume of 644,131. The firm's 50 day moving average is $50.43 and its 200 day moving average is $41.82. The company has a market cap of $4.48 billion, a PE ratio of -199.62 and a beta of 0.64. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $60.88.

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

Insider Activity

In other Intapp news, Director Ralph Baxter sold 50,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $57.10, for a total value of $2,855,000.00. Following the sale, the director now owns 5,624 shares of the company's stock, valued at $321,130.40. This trade represents a 89.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Donald F. Coleman sold 58,003 shares of the firm's stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $49.31, for a total value of $2,860,127.93. Following the completion of the sale, the chief operating officer now directly owns 668,239 shares in the company, valued at $32,950,865.09. This trade represents a 7.99 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 237,017 shares of company stock valued at $12,156,222. Insiders own 13.02% of the company's stock.

About Intapp

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.