Intapp, Inc. (NASDAQ:INTA) COO Donald F. Coleman Sells 7,753 Shares

Intapp, Inc. (NASDAQ:INTA) COO Donald F. Coleman sold 7,753 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $64.54, for a total transaction of $500,378.62. Following the transaction, the chief operating officer now owns 421,733 shares in the company, valued at approximately $27,218,647.82. The trade was a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Intapp Stock Performance

NASDAQ INTA opened at $65.30 on Wednesday. The business has a 50 day simple moving average of $68.07 and a 200 day simple moving average of $57.42. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $77.74. The stock has a market cap of $5.18 billion, a price-to-earnings ratio of -225.16 and a beta of 0.74.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, February 4th. The company reported ($0.08) earnings per share (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%. On average, analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Institutional Trading of Intapp

A number of large investors have recently bought and sold shares of INTA. Raleigh Capital Management Inc. bought a new stake in Intapp during the 4th quarter worth approximately $25,000. Global Retirement Partners LLC bought a new stake in Intapp during the 4th quarter worth approximately $25,000. Farther Finance Advisors LLC grew its stake in shares of Intapp by 1,054.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock worth $28,000 after acquiring an additional 527 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Intapp in the fourth quarter valued at approximately $32,000. Finally, Johnson Financial Group Inc. raised its holdings in shares of Intapp by 273.8% in the fourth quarter. Johnson Financial Group Inc. now owns 826 shares of the company’s stock valued at $53,000 after purchasing an additional 605 shares during the last quarter. 89.96% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Raymond James restated a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Piper Sandler restated an “overweight” rating and set a $71.00 target price (up from $60.00) on shares of Intapp in a research report on Tuesday, February 4th. JPMorgan Chase & Co. upped their target price on shares of Intapp from $58.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. UBS Group increased their price target on shares of Intapp from $89.00 to $92.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. Finally, Barclays increased their price target on shares of Intapp from $63.00 to $68.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Intapp presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.45.

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.