Scott Fitzgerald Sells 3,000 Shares of Intapp, Inc. (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA - Get Free Report) CMO Scott Fitzgerald sold 3,000 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $64.38, for a total transaction of $193,140.00. Following the sale, the chief marketing officer now owns 39,212 shares in the company, valued at approximately $2,524,468.56. This trade represents a 7.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

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

• On Monday, December 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The stock was sold at an average price of $63.53, for a total transaction of $190,590.00.
• On Thursday, November 21st, Scott Fitzgerald sold 5,221 shares of Intapp stock. The stock was sold at an average price of $59.30, for a total transaction of $309,605.30.

Intapp Trading Down 1.6 %

Intapp stock traded down $1.03 during midday trading on Monday, hitting $62.64. The stock had a trading volume of 517,675 shares, compared to its average volume of 430,358. The firm's fifty day moving average is $61.67 and its two-hundred day moving average is $48.78. The company has a market capitalization of $4.85 billion, a PE ratio of -216.00 and a beta of 0.73. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $71.34.

Intapp (NASDAQ:INTA - Get Free Report) last released its earnings results 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. The company had revenue of $118.81 million during the quarter, compared to analyst estimates of $117.88 million. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. The firm's quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.20) EPS. As a group, equities research analysts predict that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Intapp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTA. FMR LLC boosted its stake in Intapp by 7.8% in the 3rd quarter. FMR LLC now owns 5,658,957 shares of the company's stock worth $270,668,000 after purchasing an additional 411,434 shares during the period. Bamco Inc. NY boosted its stake in Intapp by 1.2% in the 3rd quarter. Bamco Inc. NY now owns 2,850,455 shares of the company's stock worth $136,337,000 after purchasing an additional 34,409 shares during the period. Praesidium Investment Management Company LLC boosted its stake in Intapp by 15.3% in the 3rd quarter. Praesidium Investment Management Company LLC now owns 1,930,095 shares of the company's stock worth $92,316,000 after purchasing an additional 256,327 shares during the period. Loomis Sayles & Co. L P boosted its stake in Intapp by 29.9% in the 3rd quarter. Loomis Sayles & Co. L P now owns 1,492,620 shares of the company's stock worth $71,392,000 after purchasing an additional 343,275 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Intapp by 9.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,051,237 shares of the company's stock worth $50,291,000 after purchasing an additional 95,035 shares during the period. 89.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on INTA shares. Citigroup upped their price target on shares of Intapp from $63.00 to $87.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Barclays upped their price target on shares of Intapp from $44.00 to $48.00 and gave the stock an "equal weight" rating in a research note on Tuesday, November 5th. Stifel Nicolaus upped 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. Truist Financial upped their price target on shares of Intapp from $55.00 to $77.00 and gave the stock a "buy" rating in a research note on Friday, December 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Intapp from $58.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $60.64.

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.