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

Intech Investment Management LLC bought a new position in shares of Intapp, Inc. (NASDAQ:INTA) during the third quarter, Holdings Channel.com reports. The fund bought 10,201 shares of the company’s stock, valued at approximately $488,000.

Several other hedge funds also recently modified their holdings of the stock. J.Safra Asset Management Corp boosted its holdings in Intapp by 634.0% in the 2nd quarter. J.Safra Asset Management Corp now owns 712 shares of the company’s stock worth $26,000 after buying an additional 615 shares during the period. Farther Finance Advisors LLC grew its position 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 during the last quarter. Blue Trust Inc. bought a new stake in Intapp in the 2nd quarter worth about $30,000. Comerica Bank lifted its holdings in shares of Intapp by 218.4% during the 1st quarter. Comerica Bank now owns 1,261 shares of the company’s stock valued at $43,000 after buying an additional 865 shares during the period. Finally, Quest Partners LLC bought a new position in Intapp in the third quarter worth approximately $54,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Analysts Set New Price Targets

INTA has been the subject of a number of research reports. Raymond James increased their price target on Intapp from $46.00 to $55.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. Bank of America cut their price target on shares of Intapp from $52.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, August 14th. Barclays upped their target price on Intapp from $44.00 to $48.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 5th. Truist Financial reissued a “buy” rating and issued a $55.00 price objective (up previously from $47.00) on shares of Intapp in a report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Intapp from $52.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Intapp currently has an average rating of “Moderate Buy” and a consensus target price of $53.55.

Intapp Trading Up 4.0 %

Shares of INTA opened at $62.55 on Monday. The stock has a market capitalization of $4.84 billion, a P/E ratio of -215.69 and a beta of 0.64. Intapp, Inc. has a 1-year low of $30.36 and a 1-year high of $64.56. The business’s 50-day moving average price is $52.58 and its 200 day moving average price is $43.15.

Intapp (NASDAQ:INTA) last issued 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. Intapp had a negative return on equity of 2.08% and a negative net margin of 4.74%. The business had revenue of $118.81 million for the quarter, compared to analyst estimates of $117.88 million. During the same quarter in the prior year, the firm posted ($0.20) EPS. The firm’s revenue for the quarter was up 17.0% on a year-over-year basis. On average, research analysts predict that Intapp, Inc. will post -0.14 earnings per share for the current year.

Insider Buying and Selling at Intapp

In other news, insider Thad Jampol sold 31,666 shares of the 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 sale, the insider now owns 772,412 shares of the company’s stock, valued at approximately $37,917,705.08. This represents a 3.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Donald F. Coleman sold 58,003 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $49.31, for a total value of $2,860,127.93. Following the completion of the sale, the chief operating officer now directly owns 668,239 shares of the company’s stock, valued at approximately $32,950,865.09. The trade was a 7.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 390,215 shares of company stock worth $21,267,180. Insiders own 13.02% of the company’s stock.

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.