2,841 Shares in Intapp, Inc. (NASDAQ:INTA) Purchased by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Intapp, Inc. (NASDAQ:INTA) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,841 shares of the company’s stock, valued at approximately $182,000.

A number of other large investors also recently made changes to their positions in the business. Harbor Capital Advisors Inc. raised its stake in shares of Intapp by 127.5% during the 4th quarter. Harbor Capital Advisors Inc. now owns 12,600 shares of the company’s stock worth $808,000 after purchasing an additional 7,061 shares in the last quarter. Diversified Trust Co acquired a new stake in Intapp in the fourth quarter valued at approximately $264,000. Nordea Investment Management AB grew its position in Intapp by 3.7% in the fourth quarter. Nordea Investment Management AB now owns 105,940 shares of the company’s stock worth $6,860,000 after acquiring an additional 3,819 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Intapp by 28.4% during the 3rd quarter. Franklin Resources Inc. now owns 456,619 shares of the company’s stock worth $22,173,000 after purchasing an additional 100,982 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Intapp during the 3rd quarter valued at $64,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on INTA shares. Truist Financial upped their price objective on shares of Intapp from $55.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Stifel Nicolaus boosted their target price on shares of Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Barclays raised their price target on Intapp from $44.00 to $48.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 5th. Piper Sandler restated an “overweight” rating and set a $60.00 target price (up previously from $46.00) on shares of Intapp in a research note on Tuesday, November 5th. Finally, Raymond James reaffirmed a “market perform” rating on shares of Intapp in a report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Intapp has an average rating of “Moderate Buy” and a consensus target price of $59.82.

Intapp Trading Down 0.9 %

INTA opened at $66.38 on Friday. The stock has a market cap of $5.14 billion, a PE ratio of -228.90 and a beta of 0.73. The stock’s 50 day simple moving average is $63.53 and its 200-day simple moving average is $50.14. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $71.34.

Intapp (NASDAQ:INTA) last posted its earnings results on Monday, November 4th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. The business had revenue of $118.81 million for the quarter, compared to analysts’ expectations of $117.88 million. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. The firm’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.20) earnings per share. Equities analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Insider Transactions at Intapp

In other Intapp news, COO Donald F. Coleman sold 35,778 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $54.23, for a total transaction of $1,940,240.94. Following the completion of the transaction, the chief operating officer now directly owns 668,239 shares in the company, valued at $36,238,600.97. This represents a 5.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thad Jampol sold 20,174 shares of Intapp stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $59.30, for a total value of $1,196,318.20. Following the transaction, the insider now directly owns 803,400 shares of the company’s stock, valued at approximately $47,641,620. The trade was a 2.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 402,624 shares of company stock valued at $24,954,154. Corporate insiders own 13.02% 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.