Intapp, Inc. (NASDAQ:INTA) Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC grew its position in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 66.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 16,930 shares of the company's stock after acquiring an additional 6,729 shares during the quarter. Intech Investment Management LLC's holdings in Intapp were worth $1,085,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Principal Financial Group Inc. purchased a new stake in shares of Intapp during the 4th quarter valued at about $291,000. FORA Capital LLC purchased a new stake in Intapp during the third quarter valued at approximately $566,000. Loomis Sayles & Co. L P lifted its stake in shares of Intapp by 29.9% in the 3rd quarter. Loomis Sayles & Co. L P now owns 1,492,620 shares of the company's stock valued at $71,392,000 after purchasing an additional 343,275 shares during the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Intapp in the 4th quarter valued at approximately $305,000. Finally, Barclays PLC boosted its holdings in shares of Intapp by 90.1% in the 3rd quarter. Barclays PLC now owns 106,781 shares of the company's stock worth $5,108,000 after purchasing an additional 50,607 shares during the period. Institutional investors own 89.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on INTA. Raymond James restated a "market perform" rating on shares of Intapp in a research report on Friday, January 3rd. JPMorgan Chase & Co. lifted their price target 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. Barclays increased their price objective on shares of Intapp from $63.00 to $68.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 5th. Stifel Nicolaus boosted their target price on Intapp from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Finally, Piper Sandler reissued 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $66.45.

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Intapp Stock Down 4.1 %

INTA stock traded down $2.64 during trading on Wednesday, hitting $61.54. 339,029 shares of the company's stock traded hands, compared to its average volume of 637,352. The business has a fifty day simple moving average of $66.77 and a two-hundred day simple moving average of $60.11. The firm has a market capitalization of $4.89 billion, a P/E ratio of -212.20 and a beta of 0.76. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $77.74.

Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported ($0.08) 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 research analysts predict that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Insider Activity

In other Intapp news, CEO John T. Hall sold 33,227 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $68.83, for a total value of $2,287,014.41. Following the completion of the sale, the chief executive officer now directly owns 5,258,576 shares in the company, valued at approximately $361,947,786.08. This trade represents a 0.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Thad Jampol sold 20,000 shares of the firm's stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $61.85, for a total value of $1,237,000.00. Following the completion of the sale, the insider now directly owns 828,197 shares of the company's stock, valued at approximately $51,223,984.45. This represents a 2.36 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 184,827 shares of company stock worth $11,825,658. Corporate insiders own 13.02% 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.