Intapp, Inc. (NASDAQ:INTA) CMO Sells $233,609.02 in Stock

Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald sold 3,394 shares of Intapp stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $68.83, for a total value of $233,609.02. Following the completion of the sale, the chief marketing officer now directly owns 52,090 shares of the company’s stock, valued at $3,585,354.70. The trade was a 6.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Scott Fitzgerald also recently made the following trade(s):

• On Thursday, January 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The shares were sold at an average price of $64.38, for a total value of $193,140.00.
• On Monday, December 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The stock was sold at an average price of $63.53, for a total value of $190,590.00.

Intapp Price Performance

Shares of NASDAQ INTA opened at $66.11 on Monday. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $77.74. The company has a market capitalization of $5.25 billion, a price-to-earnings ratio of -227.96 and a beta of 0.74. The business has a 50-day moving average of $68.13 and a two-hundred day moving average of $56.96.

Intapp (NASDAQ:INTA) last announced 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 net margin of 4.78% and a negative return on equity of 1.86%. As a group, equities research analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current year.

Institutional Trading of Intapp

Large investors have recently made changes to their positions in the company. FORA Capital LLC acquired a new stake in shares of Intapp in the 3rd quarter valued at about $566,000. Loomis Sayles & Co. L P boosted its position in shares of Intapp by 29.9% in the 3rd quarter. Loomis Sayles & Co. L P now owns 1,492,620 shares of the company’s stock valued at $71,392,000 after purchasing an additional 343,275 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Intapp by 1,054.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock valued at $28,000 after purchasing an additional 527 shares during the period. Barclays PLC lifted its position in Intapp by 90.1% during the 3rd quarter. Barclays PLC now owns 106,781 shares of the company’s stock worth $5,108,000 after acquiring an additional 50,607 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in Intapp during the 4th quarter worth approximately $378,000. 89.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on INTA. Piper Sandler reissued an “overweight” rating and set a $71.00 target price (up from $60.00) on shares of Intapp in a research note on Tuesday, February 4th. Barclays boosted their target price on Intapp from $63.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Stifel Nicolaus boosted their target price on Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Raymond James reissued a “market perform” rating on shares of Intapp in a research note on Friday, January 3rd. Finally, Citigroup reissued a “neutral” rating and set a $78.00 target price (down from $87.00) on shares of Intapp in a research note on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.