Loomis Sayles & Co. L P Has $94.93 Million Stock Holdings in Intapp, Inc. (NASDAQ:INTA)

Loomis Sayles & Co. L P cut its stake in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,481,149 shares of the company's stock after selling 11,471 shares during the period. Loomis Sayles & Co. L P owned approximately 1.87% of Intapp worth $94,927,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. acquired a new position in shares of Intapp during the 4th quarter worth about $291,000. FORA Capital LLC acquired a new position in Intapp during the third quarter valued at approximately $566,000. Venturi Wealth Management LLC acquired a new position in Intapp during the fourth quarter valued at approximately $305,000. Barclays PLC increased its stake in Intapp by 90.1% in the third quarter. Barclays PLC now owns 106,781 shares of the company's stock valued at $5,108,000 after purchasing an additional 50,607 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in Intapp in the fourth quarter worth $378,000. Institutional investors own 89.96% of the company's stock.

Insider Buying and Selling

In related news, insider Michele Murgel sold 7,531 shares of Intapp stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $68.83, for a total transaction of $518,358.73. Following the completion of the transaction, the insider now owns 223,945 shares in the company, valued at approximately $15,414,134.35. This trade represents a 3.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Thad Jampol sold 20,000 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $57.15, for a total value of $1,143,000.00. Following the completion of the sale, the insider now owns 857,250 shares in the company, valued at $48,991,837.50. This represents a 2.28 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 184,827 shares of company stock worth $11,825,658. Insiders own 13.02% of the company's stock.

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Intapp Trading Down 3.4 %

Shares of Intapp stock traded down $2.05 during trading hours on Monday, reaching $57.86. 232,176 shares of the company's stock were exchanged, compared to its average volume of 645,417. The stock has a market cap of $4.59 billion, a P/E ratio of -199.58 and a beta of 0.76. The company has a 50 day moving average of $66.42 and a two-hundred day moving average of $60.46. Intapp, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $77.74.

Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings results 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%. As a group, analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Stifel Nicolaus upped their price objective on shares of Intapp from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Raymond James reaffirmed a "market perform" rating on shares of Intapp in a research report on Friday, January 3rd. Truist Financial boosted their price objective on Intapp from $55.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, December 13th. UBS Group raised their target price on shares of Intapp from $89.00 to $92.00 and gave the stock a "buy" rating in a report on Monday, February 3rd. Finally, Piper Sandler reissued an "overweight" rating and set a $71.00 price objective (up previously from $60.00) on shares of Intapp in a research report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, Intapp has an average rating of "Moderate Buy" and a consensus target price of $66.45.

Intapp 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.