Intapp, Inc. (NASDAQ:INTA) Insider Thad Jampol Sells 20,000 Shares of Stock

Intapp, Inc. (NASDAQ:INTA) insider Thad Jampol sold 20,000 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $57.15, for a total transaction of $1,143,000.00. Following the transaction, the insider now owns 857,250 shares in the company, valued at approximately $48,991,837.50. The trade was a 2.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Thad Jampol also recently made the following trade(s):

• On Wednesday, January 8th, Thad Jampol sold 20,000 shares of Intapp stock. The stock was sold at an average price of $61.85, for a total transaction of $1,237,000.00.

Intapp Stock Up 3.5 %

NASDAQ INTA opened at $61.05 on Thursday. The stock has a market cap of $4.85 billion, a PE ratio of -210.51 and a beta of 0.77. The business has a 50 day moving average price of $67.46 and a two-hundred day moving average price of $59.02. Intapp, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $77.74.

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 analysts’ consensus estimates of $0.17 by ($0.25). Intapp had a negative net margin of 4.78% and a negative return on equity of 1.86%. Sell-side analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on INTA shares. 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. Raymond James reissued a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Stifel Nicolaus raised their price objective on Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. UBS Group boosted their target price on Intapp from $89.00 to $92.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Finally, Piper Sandler restated an “overweight” rating and issued a $71.00 price target (up previously from $60.00) on shares of Intapp in a report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $66.45.

Institutional Trading of Intapp

Several large investors have recently modified their holdings of INTA. Vanguard Group Inc. boosted its holdings in Intapp by 11.8% in the fourth quarter. Vanguard Group Inc. now owns 6,368,216 shares of the company’s stock valued at $408,139,000 after purchasing an additional 672,832 shares during the last quarter. FMR LLC lifted its position in shares of Intapp by 7.8% in the 3rd quarter. FMR LLC now owns 5,658,957 shares of the company’s stock worth $270,668,000 after buying an additional 411,434 shares during the last quarter. Bamco Inc. NY increased its position in Intapp by 1.2% in the third quarter. Bamco Inc. NY now owns 2,850,455 shares of the company’s stock worth $136,337,000 after buying an additional 34,409 shares during the period. Invesco Ltd. increased its holdings in shares of Intapp by 6,506.1% in the 4th quarter. Invesco Ltd. now owns 1,980,506 shares of the company’s stock worth $126,931,000 after acquiring an additional 1,950,526 shares during the period. Finally, Praesidium Investment Management Company LLC lifted its holdings in Intapp by 15.3% in the third quarter. Praesidium Investment Management Company LLC now owns 1,930,095 shares of the company’s stock worth $92,316,000 after purchasing an additional 256,327 shares during the period. 89.96% of the stock is currently owned by institutional investors and hedge funds.

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.