Intapp, Inc. (NASDAQ:INTA - Get Free Report) insider Thad Jampol sold 112,928 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $59.27, for a total value of $6,693,242.56. Following the transaction, the insider now owns 857,250 shares in the company, valued at approximately $50,809,207.50. This represents a 11.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Thad Jampol also recently made the following trade(s):
- On Monday, March 10th, Thad Jampol sold 20,000 shares of Intapp stock. The stock was sold at an average price of $57.15, for a total transaction of $1,143,000.00.
- On Wednesday, January 8th, Thad Jampol sold 20,000 shares of Intapp stock. The shares were sold at an average price of $61.85, for a total value of $1,237,000.00.
Intapp Stock Up 14.0 %
Shares of NASDAQ:INTA traded up $7.02 during midday trading on Wednesday, reaching $57.03. The company's stock had a trading volume of 957,321 shares, compared to its average volume of 655,262. The stock has a fifty day moving average of $63.34 and a 200 day moving average of $60.80. Intapp, Inc. has a twelve month low of $30.36 and a twelve month high of $77.74. The firm has a market capitalization of $4.53 billion, a PE ratio of -196.65 and a beta of 0.82.
Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) earnings per share 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%. Sell-side analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently weighed in on INTA. Barclays raised their price objective on Intapp from $63.00 to $68.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. Raymond James restated a "market perform" rating on shares of Intapp in a report on Friday, January 3rd. UBS Group increased their target price on shares of Intapp from $89.00 to $92.00 and gave the company a "buy" rating in a research report on Monday, February 3rd. Citigroup reaffirmed a "neutral" rating and set a $78.00 price target (down from $87.00) on shares of Intapp in a research report on Thursday, January 16th. Finally, Piper Sandler restated an "overweight" rating and set a $71.00 target price (up from $60.00) on shares of Intapp in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.45.
Read Our Latest Research Report on INTA
Hedge Funds Weigh In On Intapp
Several large investors have recently made changes to their positions in the company. Victory Capital Management Inc. increased its holdings in Intapp by 2.0% in the fourth quarter. Victory Capital Management Inc. now owns 8,652 shares of the company's stock valued at $555,000 after buying an additional 171 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Intapp by 8.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,964 shares of the company's stock valued at $190,000 after purchasing an additional 239 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Intapp by 1.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 24,815 shares of the company's stock worth $1,187,000 after purchasing an additional 264 shares during the period. Global Retirement Partners LLC purchased a new position in Intapp during the fourth quarter worth approximately $25,000. Finally, Raleigh Capital Management Inc. acquired a new stake in Intapp in the fourth quarter valued at approximately $25,000. 89.96% of the stock is currently owned by institutional investors and hedge funds.
About Intapp
(
Get Free Report)
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.
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