Intapp, Inc. (NASDAQ:INTA) Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC decreased its holdings in Intapp, Inc. (NASDAQ:INTA) by 18.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 443,700 shares of the company’s stock after selling 101,460 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Intapp were worth $28,437,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of INTA. Global Retirement Partners LLC acquired a new stake in Intapp during the fourth quarter valued at approximately $25,000. Raleigh Capital Management Inc. acquired a new stake in Intapp during the fourth quarter valued at approximately $25,000. Farther Finance Advisors LLC raised its stake in Intapp by 1,054.0% during the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock valued at $28,000 after buying an additional 527 shares in the last quarter. Quest Partners LLC acquired a new stake in Intapp during the third quarter valued at approximately $54,000. Finally, Financial Management Professionals Inc. acquired a new stake in Intapp during the third quarter valued at approximately $57,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Intapp Price Performance

Shares of INTA stock opened at $73.01 on Wednesday. Intapp, Inc. has a 12-month low of $30.36 and a 12-month high of $77.74. The business has a 50 day simple moving average of $68.12 and a 200 day simple moving average of $56.16.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data 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%. Equities research analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on INTA. Stifel Nicolaus upped their price objective on Intapp from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. UBS Group upped their price objective on Intapp from $89.00 to $92.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. Citigroup restated a “neutral” rating and set a $78.00 price objective (down previously from $87.00) on shares of Intapp in a research note on Thursday, January 16th. JPMorgan Chase & Co. increased their price target on Intapp from $58.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Finally, Raymond James reiterated a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Four equities 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, the company presently has an average rating of “Moderate Buy” and an average price target of $66.45.

Insider Buying and Selling

In other Intapp news, CEO John T. Hall sold 44,009 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $59.30, for a total transaction of $2,609,733.70. Following the completion of the transaction, the chief executive officer now directly owns 5,093,692 shares of the company’s stock, valued at approximately $302,055,935.60. This trade represents a 0.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Thad Jampol sold 20,000 shares of the stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $61.85, for a total value of $1,237,000.00. Following the transaction, the insider now directly owns 828,197 shares of the company’s stock, valued at approximately $51,223,984.45. The trade was a 2.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 316,846 shares of company stock valued at $20,158,913 in the last three months. 13.02% of the stock is currently owned by corporate insiders.

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.