John T. Hall Sells 8,000 Shares of Intapp, Inc. (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTAGet Free Report) CEO John T. Hall sold 8,000 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $57.15, for a total transaction of $457,200.00. Following the completion of the transaction, the chief executive officer now owns 5,236,895 shares of the company’s stock, valued at $299,288,549.25. This represents a 0.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Intapp Price Performance

Shares of Intapp stock opened at $58.20 on Friday. The business has a 50-day moving average of $67.33 and a 200 day moving average of $59.01. Intapp, Inc. has a 12 month low of $30.36 and a 12 month high of $77.74. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of -200.68 and a beta of 0.77.

Intapp (NASDAQ:INTAGet Free Report) last announced its earnings results on Tuesday, February 4th. The company reported ($0.08) EPS 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%. Equities research analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTA has been the subject of a number of recent research reports. UBS Group boosted their target price on shares of Intapp from $89.00 to $92.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. Barclays upped their price objective on shares of Intapp from $63.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, February 5th. JPMorgan Chase & Co. upped their price objective on shares of Intapp from $58.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Stifel Nicolaus upped their price objective on shares of Intapp from $70.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Finally, Piper Sandler restated an “overweight” rating and set a $71.00 price objective (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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.45.

Check Out Our Latest Research Report on Intapp

Institutional Investors Weigh In On Intapp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Principal Financial Group Inc. acquired a new stake in shares of Intapp during the 4th quarter worth about $291,000. FORA Capital LLC acquired a new stake in shares of Intapp during the 3rd quarter worth about $566,000. Loomis Sayles & Co. L P raised its position in shares of Intapp by 29.9% during the 3rd quarter. Loomis Sayles & Co. L P now owns 1,492,620 shares of the company’s stock worth $71,392,000 after acquiring an additional 343,275 shares in the last quarter. Farther Finance Advisors LLC increased its position in Intapp by 1,054.0% during the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock worth $28,000 after buying an additional 527 shares during the period. Finally, Venturi Wealth Management LLC acquired a new position in Intapp during the fourth quarter worth approximately $305,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

About Intapp

(Get Free Report)

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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Insider Buying and Selling by Quarter for Intapp (NASDAQ:INTA)

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