Geode Capital Management LLC Has $50.29 Million Stock Holdings in Intapp, Inc. (NASDAQ:INTA)

Geode Capital Management LLC raised its position in Intapp, Inc. (NASDAQ:INTA - Free Report) by 9.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,051,237 shares of the company's stock after purchasing an additional 95,035 shares during the quarter. Geode Capital Management LLC owned approximately 1.36% of Intapp worth $50,291,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. bought a new stake in Intapp in the second quarter worth approximately $30,000. Bank of New York Mellon Corp boosted its holdings in Intapp by 8.0% in the second quarter. Bank of New York Mellon Corp now owns 145,205 shares of the company's stock worth $5,325,000 after purchasing an additional 10,789 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Intapp by 99.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,813 shares of the company's stock worth $397,000 after buying an additional 5,394 shares during the last quarter. F M Investments LLC bought a new position in Intapp during the second quarter valued at about $7,006,000. Finally, nVerses Capital LLC acquired a new stake in shares of Intapp in the second quarter worth about $147,000. 89.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INTA has been the topic of a number of recent analyst reports. Barclays raised their price objective on Intapp from $44.00 to $48.00 and gave the company an "equal weight" rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. boosted their price objective on shares of Intapp from $58.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, December 9th. Citigroup raised their target price on shares of Intapp from $63.00 to $87.00 and gave the company a "buy" rating in a research note on Monday, December 16th. Raymond James boosted their target price on shares of Intapp from $46.00 to $55.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 5th. Finally, Stifel Nicolaus raised their price target on Intapp from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $60.64.

Insider Buying and Selling at Intapp

In other Intapp news, insider Thad Jampol sold 20,000 shares of the business's stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $45.09, for a total value of $901,800.00. Following the transaction, the insider now directly owns 772,412 shares in the company, valued at $34,828,057.08. The trade was a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John T. Hall sold 70,986 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $68.83, for a total transaction of $4,885,966.38. Following the sale, the chief executive officer now directly owns 5,026,096 shares of the company's stock, valued at approximately $345,946,187.68. The trade was a 1.39 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 409,624 shares of company stock valued at $24,909,164. 13.02% of the stock is currently owned by corporate insiders.

Intapp Price Performance

Shares of NASDAQ INTA traded down $0.30 during trading hours on Monday, reaching $64.89. The stock had a trading volume of 434,344 shares, compared to its average volume of 650,147. Intapp, Inc. has a twelve month low of $30.36 and a twelve month high of $71.34. The business's fifty day moving average is $58.30 and its two-hundred day moving average is $46.42. The company has a market cap of $5.02 billion, a price-to-earnings ratio of -223.76 and a beta of 0.74.

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, beating analysts' consensus estimates of $0.13 by $0.08. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. The company had revenue of $118.81 million during the quarter, compared to analysts' expectations of $117.88 million. During the same quarter in the prior year, the company posted ($0.20) EPS. The business's revenue was up 17.0% on a year-over-year basis. Sell-side analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current fiscal 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.