Stephens Investment Management Group LLC trimmed its stake in Intapp, Inc. (NASDAQ:INTA - Free Report) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 245,812 shares of the company's stock after selling 30,160 shares during the quarter. Stephens Investment Management Group LLC owned approximately 0.33% of Intapp worth $11,757,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp boosted its stake in Intapp by 634.0% in the second quarter. J.Safra Asset Management Corp now owns 712 shares of the company's stock valued at $26,000 after acquiring an additional 615 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in Intapp by 239.1% in the first quarter. Advisors Asset Management Inc. now owns 824 shares of the company's stock valued at $28,000 after acquiring an additional 581 shares during the last quarter. Blue Trust Inc. purchased a new position in Intapp in the second quarter valued at about $30,000. Comerica Bank lifted its stake in shares of Intapp by 218.4% during the 1st quarter. Comerica Bank now owns 1,261 shares of the company's stock valued at $43,000 after buying an additional 865 shares in the last quarter. Finally, Financial Management Professionals Inc. purchased a new stake in shares of Intapp during the 3rd quarter valued at approximately $57,000. 89.96% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ INTA opened at $49.50 on Friday. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $51.80. The stock has a market capitalization of $3.81 billion, a PE ratio of -110.00 and a beta of 0.65. The company's 50 day simple moving average is $47.52 and its two-hundred day simple moving average is $39.53.
Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.03. The firm had revenue of $114.38 million for the quarter, compared to analyst estimates of $111.58 million. Intapp had a negative net margin of 7.44% and a negative return on equity of 5.36%. The business's revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.14) EPS. On average, research analysts anticipate that Intapp, Inc. will post -0.15 EPS for the current year.
In other news, insider Thad Jampol sold 31,666 shares of the stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $49.09, for a total value of $1,554,483.94. Following the transaction, the insider now owns 772,412 shares of the company's stock, valued at $37,917,705.08. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, 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 transaction of $246,150.00. Following the transaction, the chief operating officer now owns 668,239 shares of the company's stock, valued at approximately $32,897,405.97. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thad Jampol sold 31,666 shares of the stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $49.09, for a total transaction of $1,554,483.94. Following the transaction, the insider now directly owns 772,412 shares in the company, valued at approximately $37,917,705.08. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,239 shares of company stock valued at $7,360,981 in the last quarter. Insiders own 13.02% of the company's stock.
A number of brokerages recently commented on INTA. Bank of America dropped their price target on shares of Intapp from $52.00 to $48.00 and set a "buy" rating on the stock in a research note on Wednesday, August 14th. Barclays restated an "equal weight" rating and set a $44.00 price target on shares of Intapp in a research note on Monday, October 7th. Stifel Nicolaus upped their price target on shares of Intapp from $45.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, September 23rd. Piper Sandler restated an "overweight" rating and set a $46.00 price target on shares of Intapp in a research note on Wednesday, August 14th. Finally, Citigroup upped their price target on shares of Intapp from $52.00 to $63.00 and gave the company a "buy" rating in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $50.00.
Read Our Latest Report on 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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