Swiss National Bank Acquires 5,600 Shares of Intapp, Inc. (NASDAQ:INTA)

Swiss National Bank increased its holdings in Intapp, Inc. (NASDAQ:INTA - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,000 shares of the company's stock after acquiring an additional 5,600 shares during the period. Swiss National Bank owned about 0.13% of Intapp worth $6,794,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Intapp by 18.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,854 shares of the company's stock worth $888,000 after acquiring an additional 2,190 shares in the last quarter. AlphaQuest LLC raised its stake in shares of Intapp by 279.1% during the 4th quarter. AlphaQuest LLC now owns 4,310 shares of the company's stock worth $276,000 after purchasing an additional 3,173 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Intapp during the 4th quarter valued at about $102,000. Amundi raised its position in Intapp by 58.5% during the fourth quarter. Amundi now owns 32,596 shares of the company's stock valued at $2,065,000 after acquiring an additional 12,032 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Intapp in the fourth quarter valued at approximately $12,870,000. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on INTA. Barclays raised their price target on shares of Intapp from $63.00 to $68.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. Raymond James reaffirmed a "market perform" rating on shares of Intapp in a research report on Friday, January 3rd. Citigroup reissued a "neutral" rating and issued a $78.00 price target (down previously from $87.00) on shares of Intapp in a research report on Thursday, January 16th. JPMorgan Chase & Co. raised their target price on shares of Intapp from $58.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Finally, UBS Group boosted their target price 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. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $66.45.

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Insider Buying and Selling

In other Intapp news, CMO Scott Fitzgerald sold 3,000 shares of Intapp stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $64.38, for a total value of $193,140.00. Following the completion of the transaction, the chief marketing officer now owns 39,212 shares in the company, valued at approximately $2,524,468.56. The trade was a 7.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Thad Jampol sold 20,000 shares of the stock in a transaction on 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 sale, the insider now owns 828,197 shares in the company, valued at $51,223,984.45. The trade was a 2.36 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 184,827 shares of company stock worth $11,825,658 in the last quarter. 13.02% of the stock is owned by corporate insiders.

Intapp Price Performance

Shares of INTA traded down $2.64 on Wednesday, reaching $61.54. 339,029 shares of the stock traded hands, compared to its average volume of 637,352. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of -212.20 and a beta of 0.76. Intapp, Inc. has a 12 month low of $30.36 and a 12 month high of $77.74. The stock's 50-day moving average price is $66.77 and its 200-day moving average price is $60.11.

Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.25). Intapp had a negative return on equity of 1.86% and a negative net margin of 4.78%. As a group, equities research analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

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.