Intapp, Inc. (NASDAQ:INTA – Get Free Report) COO Donald F. Coleman sold 5,000 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $49.23, for a total value of $246,150.00. Following the sale, the chief operating officer now directly owns 668,239 shares in the company, valued at approximately $32,897,405.97. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Intapp Trading Up 0.2 %
Shares of Intapp stock traded up $0.12 during trading hours on Thursday, reaching $49.78. The stock had a trading volume of 298,901 shares, compared to its average volume of 643,300. The firm has a 50 day simple moving average of $44.86 and a two-hundred day simple moving average of $38.07. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of -81.95 and a beta of 0.65. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $51.80.
Intapp (NASDAQ:INTA – Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The company had revenue of $114.38 million for the quarter, compared to the consensus estimate of $111.58 million. Intapp had a negative return on equity of 5.36% and a negative net margin of 7.44%. The company’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period last year, the business posted ($0.14) EPS. Sell-side analysts forecast that Intapp, Inc. will post -0.15 EPS for the current year.
Hedge Funds Weigh In On Intapp
Analyst Upgrades and Downgrades
A number of research firms recently commented on INTA. Bank of America decreased their price objective on Intapp from $52.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, August 14th. Citigroup raised their price target on Intapp from $52.00 to $63.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. UBS Group raised their price target on Intapp from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, August 14th. Barclays reissued an “equal weight” rating and issued a $44.00 price target on shares of Intapp in a research note on Monday, October 7th. Finally, Stifel Nicolaus raised their price target on Intapp from $45.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, September 23rd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $50.00.
Check Out Our Latest Analysis on INTA
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.
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