Intapp, Inc. (NASDAQ:INTA - Get Free Report) COO Donald F. Coleman sold 5,000 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $49.23, for a total transaction of $246,150.00. Following the completion of the transaction, the chief operating officer now directly owns 668,239 shares of the company's stock, valued at $32,897,405.97. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Intapp Stock Up 0.2 %
Shares of INTA stock opened at $49.78 on Friday. The firm has a market cap of $3.66 billion, a P/E ratio of -81.61 and a beta of 0.65. The company has a 50 day moving average of $45.20 and a 200-day moving average of $38.15. Intapp, Inc. has a 12-month low of $30.36 and a 12-month high of $51.80.
Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.03. The business had revenue of $114.38 million for the quarter, compared to analysts' expectations of $111.58 million. Intapp had a negative return on equity of 5.36% and a negative net margin of 7.44%. The firm's quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.14) EPS. As a group, equities analysts expect that Intapp, Inc. will post -0.15 EPS for the current year.
Institutional Inflows and Outflows
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Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Intapp by 25.1% during the fourth quarter. Vanguard Group Inc. now owns 3,513,549 shares of the company's stock valued at $133,585,000 after acquiring an additional 704,268 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Intapp by 160.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,376 shares of the company's stock valued at $242,000 after acquiring an additional 3,931 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Intapp by 79.7% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 13,611 shares of the company's stock worth $467,000 after purchasing an additional 6,035 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Intapp by 9.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 11,379 shares of the company's stock worth $390,000 after purchasing an additional 959 shares during the last quarter. Finally, Capstone Investment Advisors LLC raised its stake in Intapp by 23.4% in the first quarter. Capstone Investment Advisors LLC now owns 21,104 shares of the company's stock valued at $724,000 after purchasing an additional 4,007 shares in the last quarter. Hedge funds and other institutional investors own 89.96% of the company's stock.
Wall Street Analyst Weigh In
INTA has been the topic of several recent research reports. Stifel Nicolaus lifted their target price on shares of Intapp from $45.00 to $60.00 and gave the stock a "buy" rating in a research report on Monday, September 23rd. Oppenheimer reiterated a "market perform" rating on shares of Intapp in a report on Monday, July 8th. UBS Group increased their price objective on Intapp from $49.00 to $50.00 and gave the company a "buy" rating in a report on Wednesday, August 14th. Citigroup raised their target price on Intapp from $52.00 to $63.00 and gave the stock a "buy" rating in a research report on Wednesday, September 25th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $46.00 price target on shares of Intapp in a research report on Wednesday, August 14th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $50.00.
Get Our Latest Report on INTA
About Intapp
(
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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.
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