Scott Fitzgerald Sells 2,086 Shares of Intapp, Inc. (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald sold 2,086 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $64.54, for a total value of $134,630.44. Following the completion of the transaction, the chief marketing officer now owns 47,517 shares in the company, valued at $3,066,747.18. The trade was a 4.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Thursday, February 20th, Scott Fitzgerald sold 3,394 shares of Intapp stock. The shares were sold at an average price of $68.83, for a total value of $233,609.02.
• 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 shares were 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 $66.10 on Thursday. The business’s 50 day moving average is $68.10 and its two-hundred day moving average is $57.48. Intapp, Inc. has a 1-year low of $30.36 and a 1-year high of $77.74. The stock has a market capitalization of $5.25 billion, a P/E ratio of -227.92 and a beta of 0.74.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.25). Intapp had a negative return on equity of 1.86% and a negative net margin of 4.78%. As a group, equities research analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on INTA shares. Citigroup restated a “neutral” rating and issued a $78.00 price objective (down from $87.00) on shares of Intapp in a research report on Thursday, January 16th. Raymond James restated a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Piper Sandler reiterated an “overweight” rating and issued a $71.00 target price (up from $60.00) on shares of Intapp in a research report on Tuesday, February 4th. JPMorgan Chase & Co. boosted their target price on Intapp from $58.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Finally, UBS Group boosted their target price on Intapp from $89.00 to $92.00 and gave the stock a “buy” rating in a research report on Monday, February 3rd. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Intapp currently has an average rating of “Moderate Buy” and an average target price of $66.45.

Institutional Investors Weigh In On Intapp

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Intapp by 11.8% during the fourth quarter. Vanguard Group Inc. now owns 6,368,216 shares of the company’s stock worth $408,139,000 after acquiring an additional 672,832 shares during the last quarter. FMR LLC grew its stake in shares of Intapp by 7.8% during the third quarter. FMR LLC now owns 5,658,957 shares of the company’s stock valued at $270,668,000 after buying an additional 411,434 shares during the last quarter. Bamco Inc. NY grew its stake in shares of Intapp by 1.2% during the third quarter. Bamco Inc. NY now owns 2,850,455 shares of the company’s stock valued at $136,337,000 after buying an additional 34,409 shares during the last quarter. Invesco Ltd. grew its stake in shares of Intapp by 6,506.1% during the fourth quarter. Invesco Ltd. now owns 1,980,506 shares of the company’s stock valued at $126,931,000 after buying an additional 1,950,526 shares during the last quarter. Finally, Praesidium Investment Management Company LLC grew its stake in shares of Intapp by 15.3% during the third quarter. Praesidium Investment Management Company LLC now owns 1,930,095 shares of the company’s stock valued at $92,316,000 after buying an additional 256,327 shares during the last quarter. 89.96% of the stock is owned by institutional investors.

About Intapp

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.