Intapp, Inc. (NASDAQ:INTA) Stock Holdings Trimmed by AQR Capital Management LLC

AQR Capital Management LLC lessened its stake in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 65.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,661 shares of the company's stock after selling 18,067 shares during the period. AQR Capital Management LLC's holdings in Intapp were worth $354,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Intapp by 25.1% in the 4th quarter. Vanguard Group Inc. now owns 3,513,549 shares of the company's stock valued at $133,585,000 after buying an additional 704,268 shares during the period. PNC Financial Services Group Inc. raised its holdings in Intapp by 160.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,376 shares of the company's stock valued at $242,000 after buying an additional 3,931 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in Intapp by 79.7% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 13,611 shares of the company's stock valued at $467,000 after buying an additional 6,035 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in Intapp by 9.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 11,379 shares of the company's stock valued at $390,000 after buying an additional 959 shares during the period. Finally, Capstone Investment Advisors LLC raised its holdings in Intapp by 23.4% in the 1st quarter. Capstone Investment Advisors LLC now owns 21,104 shares of the company's stock valued at $724,000 after buying an additional 4,007 shares during the period. Hedge funds and other institutional investors own 89.96% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Oppenheimer reaffirmed a "market perform" rating on shares of Intapp in a research report on Monday, July 8th. Stifel Nicolaus lifted their target price on Intapp from $45.00 to $60.00 and gave the company a "buy" rating in a research report on Monday, September 23rd. Piper Sandler reaffirmed an "overweight" rating and issued a $46.00 target price on shares of Intapp in a research report on Wednesday, August 14th. UBS Group lifted their target price on Intapp from $49.00 to $50.00 and gave the company a "buy" rating in a research report on Wednesday, August 14th. Finally, Citigroup lifted their target price on Intapp from $52.00 to $63.00 and gave the company a "buy" rating in a research report on Wednesday, September 25th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Intapp currently has a consensus rating of "Moderate Buy" and a consensus target price of $50.00.

Intapp Stock Up 0.2 %

Shares of INTA traded up $0.12 during trading hours on Thursday, reaching $49.78. 298,901 shares of the company traded hands, compared to its average volume of 643,300. The stock has a market capitalization of $3.66 billion, a PE ratio of -81.61 and a beta of 0.65. Intapp, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $51.80. The stock has a fifty day simple moving average of $45.20 and a 200 day simple moving average of $38.15.

Intapp (NASDAQ:INTA - Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.03. The firm had revenue of $114.38 million for the quarter, compared to the consensus estimate of $111.58 million. Intapp had a negative return on equity of 5.36% and a negative net margin of 7.44%. The firm's revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.14) earnings per share. Research analysts predict that Intapp, Inc. will post -0.15 EPS for the current fiscal year.

Insider Buying and Selling at Intapp

In other Intapp news, insider Michele Murgel sold 1,252 shares of the firm's stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $62,600.00. Following the completion of the sale, the insider now owns 152,702 shares in the company, valued at $7,635,100. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Intapp news, insider Michele Murgel sold 1,252 shares of the firm's stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $62,600.00. Following the completion of the sale, the insider now owns 152,702 shares in the company, valued at $7,635,100. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thad Jampol sold 31,666 shares of Intapp stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $49.09, for a total value of $1,554,483.94. Following the completion of the transaction, the insider now owns 772,412 shares of the company's stock, valued at approximately $37,917,705.08. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 156,239 shares of company stock worth $7,535,681 in the last 90 days. 36.56% of the stock is owned by corporate insiders.

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.