10,201 Shares in Intapp, Inc. (NASDAQ:INTA) Bought by Intech Investment Management LLC

Intech Investment Management LLC purchased a new position in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,201 shares of the company's stock, valued at approximately $488,000.

Several other large investors have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. increased its holdings in Intapp by 59.1% in the third quarter. Advisors Asset Management Inc. now owns 1,397 shares of the company's stock valued at $67,000 after buying an additional 519 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Intapp by 55.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 189,601 shares of the company's stock valued at $9,069,000 after buying an additional 67,912 shares in the last quarter. George Kaiser Family Foundation increased its holdings in Intapp by 14.5% in the third quarter. George Kaiser Family Foundation now owns 119,097 shares of the company's stock valued at $5,696,000 after buying an additional 15,127 shares in the last quarter. Quest Partners LLC purchased a new position in Intapp in the third quarter valued at about $54,000. Finally, Natixis Advisors LLC purchased a new position in Intapp in the third quarter valued at about $1,471,000. 89.96% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Intapp

In related news, CEO John T. Hall sold 61,842 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $59.68, for a total transaction of $3,690,730.56. Following the sale, the chief executive officer now directly owns 5,030,432 shares in the company, valued at $300,216,181.76. This represents a 1.21 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michele Murgel sold 1,252 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $50.00, for a total value of $62,600.00. Following the completion of the transaction, the insider now owns 152,702 shares in the company, valued at $7,635,100. The trade was a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 390,215 shares of company stock worth $21,267,180. 13.02% of the stock is owned by insiders.

Intapp Stock Up 2.7 %

Shares of Intapp stock traded up $1.70 during trading on Monday, hitting $64.25. The stock had a trading volume of 636,130 shares, compared to its average volume of 638,924. The stock has a 50 day simple moving average of $52.58 and a 200 day simple moving average of $43.20. The company has a market capitalization of $4.97 billion, a PE ratio of -217.86 and a beta of 0.64. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $64.56.

Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.08. The firm had revenue of $118.81 million for the quarter, compared to the consensus estimate 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 revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.20) earnings per share. As a group, equities analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Barclays increased their price target on shares of Intapp from $44.00 to $48.00 and gave the company an "equal weight" rating in a research report on Tuesday, November 5th. Piper Sandler reissued an "overweight" rating and issued a $60.00 target price (up previously from $46.00) on shares of Intapp in a research note on Tuesday, November 5th. Stifel Nicolaus raised their target price on shares of Intapp from $45.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, September 23rd. Citigroup lifted their price target on shares of Intapp from $52.00 to $63.00 and gave the stock a "buy" rating in a research note on Wednesday, September 25th. Finally, UBS Group raised their price objective on shares of Intapp from $49.00 to $50.00 and gave the stock a "buy" rating in a report on Wednesday, August 14th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $53.55.

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.