Intapp, Inc. (NASDAQ:INTA) CMO Sells $193,140.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald sold 3,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $64.38, for a total transaction of $193,140.00. Following the sale, the chief marketing officer now directly owns 39,212 shares in the company, valued at $2,524,468.56. The trade was a 7.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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.
• On Thursday, November 21st, Scott Fitzgerald sold 5,221 shares of Intapp stock. The stock was sold at an average price of $59.30, for a total value of $309,605.30.

Intapp Price Performance

NASDAQ INTA traded down $1.03 during mid-day trading on Monday, reaching $62.64. The stock had a trading volume of 517,667 shares, compared to its average volume of 421,678. The stock has a market cap of $4.85 billion, a PE ratio of -216.00 and a beta of 0.74. Intapp, Inc. has a 1 year low of $30.36 and a 1 year high of $71.34. The company has a fifty day moving average price of $61.42 and a 200 day moving average price of $48.58.

Intapp (NASDAQ:INTA) last issued its earnings results on Monday, November 4th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.08. The business had revenue of $118.81 million during the quarter, compared to analyst estimates of $117.88 million. Intapp had a negative return on equity of 2.08% and a negative net margin of 4.74%. Intapp’s revenue was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.20) EPS. As a group, equities research analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current year.

Institutional Investors Weigh In On Intapp

A number of large investors have recently added to or reduced their stakes in INTA. Farther Finance Advisors LLC boosted its stake 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 worth $28,000 after buying an additional 527 shares during the last quarter. Quest Partners LLC bought a new position in Intapp in the third quarter valued at about $54,000. Financial Management Professionals Inc. purchased a new position in Intapp in the third quarter worth about $57,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Intapp during the 3rd quarter valued at about $64,000. Finally, Advisors Asset Management Inc. increased its position in shares of Intapp by 59.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,397 shares of the company’s stock valued at $67,000 after purchasing an additional 519 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

Wall Street Analysts Forecast Growth

INTA has been the subject of a number of research reports. Barclays boosted their price target on shares of Intapp from $44.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 5th. Stifel Nicolaus boosted their price objective on Intapp from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Truist Financial raised their target price on Intapp from $55.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Citigroup upped their price objective on shares of Intapp from $63.00 to $87.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Piper Sandler restated an “overweight” rating and issued a $60.00 target price (up previously from $46.00) on shares of Intapp in a research note on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.64.

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.