Donald F. Coleman Sells 12,601 Shares of Intapp, Inc. (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) COO Donald F. Coleman sold 12,601 shares of Intapp stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $68.83, for a total value of $867,326.83. Following the transaction, the chief operating officer now directly owns 438,721 shares in the company, valued at approximately $30,197,166.43. The trade was a 2.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Intapp Stock Down 4.7 %

Shares of Intapp stock opened at $66.11 on Friday. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of -227.96 and a beta of 0.74. Intapp, Inc. has a twelve month low of $30.36 and a twelve month high of $77.74. The business has a 50-day moving average price of $68.13 and a 200-day moving average price of $56.78.

Intapp (NASDAQ:INTA) last released its quarterly earnings results 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, equities analysts expect that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Citigroup restated a “neutral” rating and set a $78.00 target price (down previously from $87.00) on shares of Intapp in a research note on Thursday, January 16th. Raymond James restated a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Stifel Nicolaus upped their target price on shares of Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. UBS Group increased their price target on Intapp from $89.00 to $92.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on Intapp from $58.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.45.

Institutional Investors Weigh In On Intapp

Several large investors have recently bought and sold shares of the business. Victory Capital Management Inc. grew its stake in shares of Intapp by 2.0% in the 4th quarter. Victory Capital Management Inc. now owns 8,652 shares of the company’s stock worth $555,000 after buying an additional 171 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Intapp by 8.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,964 shares of the company’s stock valued at $190,000 after acquiring an additional 239 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Intapp by 1.1% in the third quarter. The Manufacturers Life Insurance Company now owns 24,815 shares of the company’s stock worth $1,187,000 after acquiring an additional 264 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in Intapp by 7.2% during the third quarter. Harbor Capital Advisors Inc. now owns 5,539 shares of the company’s stock worth $265,000 after acquiring an additional 373 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in Intapp during the fourth quarter valued at approximately $25,000. Institutional investors own 89.96% of the company’s stock.

Intapp Company 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.