Nicholas Company Inc. Has $4.53 Million Stake in Intapp, Inc. (NASDAQ:INTA)

Nicholas Company Inc. grew its holdings in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 63.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 70,607 shares of the company's stock after purchasing an additional 27,467 shares during the period. Nicholas Company Inc. owned approximately 0.09% of Intapp worth $4,525,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raleigh Capital Management Inc. acquired a new position in Intapp during the 4th quarter valued at about $25,000. Global Retirement Partners LLC acquired a new stake in Intapp in the fourth quarter worth approximately $25,000. Farther Finance Advisors LLC boosted its stake in Intapp by 1,054.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 577 shares of the company's stock valued at $28,000 after purchasing an additional 527 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Intapp during the 4th quarter valued at $32,000. Finally, Quest Partners LLC acquired a new position in shares of Intapp during the 3rd quarter valued at $54,000. 89.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

INTA has been the topic of several research reports. UBS Group boosted their price target on shares of Intapp from $89.00 to $92.00 and gave the stock a "buy" rating in a research report on Monday, February 3rd. Piper Sandler reiterated an "overweight" rating and issued a $71.00 target price (up from $60.00) on shares of Intapp in a report on Tuesday, February 4th. Raymond James restated a "market perform" rating on shares of Intapp in a report on Friday, January 3rd. Barclays upped their price target on Intapp from $63.00 to $68.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. Finally, Citigroup reissued a "neutral" rating and set a $78.00 price objective (down from $87.00) on shares of Intapp in a research note on Thursday, January 16th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $66.45.

Remove Ads

Insider Transactions at Intapp

In related news, CEO John T. Hall sold 8,000 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $57.15, for a total value of $457,200.00. Following the completion of the sale, the chief executive officer now owns 5,236,895 shares of the company's stock, valued at approximately $299,288,549.25. The trade was a 0.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Thad Jampol sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $61.85, for a total transaction of $1,237,000.00. Following the transaction, the insider now directly owns 828,197 shares in the company, valued at approximately $51,223,984.45. The trade was a 2.36 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 159,461 shares of company stock valued at $10,300,656. 13.02% of the stock is owned by insiders.

Intapp Trading Up 1.3 %

NASDAQ:INTA traded up $0.75 on Monday, hitting $60.03. 528,209 shares of the company's stock traded hands, compared to its average volume of 642,663. The firm has a 50-day moving average price of $67.19 and a 200-day moving average price of $59.41. The company has a market cap of $4.77 billion, a PE ratio of -206.99 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 data on Tuesday, February 4th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.25). Intapp had a negative net margin of 4.78% and a negative return on equity of 1.86%. On average, research analysts forecast that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

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.