Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald Sells 2,086 Shares

Intapp, Inc. (NASDAQ:INTA - Get Free Report) CMO Scott Fitzgerald sold 2,086 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $64.54, for a total transaction of $134,630.44. Following the completion of the sale, the chief marketing officer now owns 47,517 shares of the company's stock, valued at approximately $3,066,747.18. This trade represents a 4.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Scott Fitzgerald also recently made the following trade(s):

• On Thursday, February 20th, Scott Fitzgerald sold 3,394 shares of Intapp stock. The shares were sold at an average price of $68.83, for a total transaction of $233,609.02.
• On Thursday, January 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The shares were sold at an average price of $64.38, for a total transaction of $193,140.00.
• On Monday, December 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The shares were sold at an average price of $63.53, for a total transaction of $190,590.00.

Intapp Stock Performance

Shares of Intapp stock traded up $1.38 during trading on Friday, hitting $65.96. 547,324 shares of the company's stock were exchanged, compared to its average volume of 734,088. The business has a 50-day simple moving average of $68.12 and a 200-day simple moving average of $57.76. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $77.74. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of -227.44 and a beta of 0.74.

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Intapp (NASDAQ:INTA - Get Free Report) last issued its 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 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

INTA has been the subject of several recent analyst reports. Piper Sandler restated an "overweight" rating and issued a $71.00 target price (up from $60.00) on shares of Intapp in a research note on Tuesday, February 4th. JPMorgan Chase & Co. raised their price target on shares of Intapp from $58.00 to $75.00 and gave the stock an "overweight" rating in a report on Monday, December 9th. Raymond James reaffirmed a "market perform" rating on shares of Intapp in a report on Friday, January 3rd. Barclays raised their price target on shares of Intapp from $63.00 to $68.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 5th. Finally, Truist Financial raised their price target on shares of Intapp from $55.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, December 13th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.45.

Institutional Trading of Intapp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTA. Raleigh Capital Management Inc. acquired a new stake in Intapp during the fourth quarter valued at $25,000. Global Retirement Partners LLC acquired a new stake in Intapp during the fourth quarter valued at $25,000. Farther Finance Advisors LLC grew its position in 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 period. SBI Securities Co. Ltd. acquired a new stake in Intapp during the fourth quarter valued at $32,000. Finally, Johnson Financial Group Inc. grew its position in Intapp by 273.8% during the fourth quarter. Johnson Financial Group Inc. now owns 826 shares of the company's stock valued at $53,000 after buying an additional 605 shares during the period. Institutional investors and hedge funds own 89.96% of the company's stock.

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.