2 weeks Ago By ABMN Staff
Canada Pension Plan Investment Board purchased a new stake in shares of Intapp, Inc. ( NASDAQ:INTA – Free Report ) in the second quarter, HoldingsChannel.com reports.
The institutional investor purchased 6,700 shares of the company’s stock, valued at approximately $246,000. Other large investors also recently bought and sold shares of the company. Advisors Asset Management Inc.
increased its stake in shares of Intapp by 239.1% during the first quarter. Advisors Asset Management Inc.
now owns 824 shares of the company’s stock valued at $28,000 after purchasing an additional 581 shares in the last quarter. J.Safra Asset Management Corp grew its stake in shares of Intapp by 634.
0% in the 2nd quarter. J.Safra Asset Management Corp now owns 712 shares of the company’s stock worth $26,000 after buying an additional 615 shares during the last quarter.
Federated Hermes Inc. increased its position in Intapp by 9.8% during the 2nd quarter.
Federated Hermes Inc. now owns 7,805 shares of the company’s stock valued at $286,000 after buying an additional 694 shares in the last quarter. Assetmark Inc.
raised its stake in Intapp by 164.6% during the fourth quarter. Assetmark Inc.
now owns 1,310 shares of the company’s stock valued at $50,000 after buying an additional 815 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in Intapp by 52.0% in the first quarter.
Covestor Ltd now owns 2,395 shares of the company’s stock worth $82,000 after acquiring an additional 819 shares in the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In Several brokerages have recently weighed in on INTA. UBS Group raised their price target on Intapp from $49.00 to $50.
00 and gave the company a “buy” rating in a report on Wednesday, August 14th. Bank of America decreased their target price on shares of Intapp from $52.00 to $48.
00 and set a “buy” rating for the company in a report on Wednesday, August 14th. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a report on Monday, July 8th. Piper Sandler restated an “overweight” rating and issued a $46.
00 price objective on shares of Intapp in a report on Wednesday, August 14th. Finally, Barclays increased their target price on Intapp from $42.00 to $44.
00 and gave the company an “overweight” rating in a research note on Wednesday, August 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.
com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $50.00. Insider Buying and Selling at Intapp In other news, insider Thad Jampol sold 15,000 shares of the stock in a transaction that occurred on Monday, July 8th.
The shares were sold at an average price of $34.92, for a total value of $523,800.00.
Following the transaction, the insider now owns 749,652 shares in the company, valued at approximately $26,177,847.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
In other Intapp news, insider Michele Murgel sold 1,252 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $62,600.
00. Following the completion of the sale, the insider now owns 152,702 shares of the company’s stock, valued at $7,635,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website .
Also, insider Thad Jampol sold 15,000 shares of the firm’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $34.92, for a total value of $523,800.
00. Following the completion of the transaction, the insider now directly owns 749,652 shares in the company, valued at approximately $26,177,847.84.
The disclosure for this sale can be found here . Insiders sold a total of 146,239 shares of company stock worth $6,856,781 in the last three months. 36.
56% of the stock is currently owned by company insiders. Intapp Trading Down 1.2 % Shares of INTA stock opened at $47.
54 on Friday. Intapp, Inc. has a 12-month low of $30.
36 and a 12-month high of $51.80. The stock has a market capitalization of $3.
49 billion, a P/E ratio of -77.93 and a beta of 0.65.
The firm’s 50 day moving average is $41.60 and its 200 day moving average is $36.86.
Intapp ( NASDAQ:INTA – Get Free Report ) last released its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share (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 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 revenue for the quarter was up 20.
9% on a year-over-year basis. During the same period last year, the business posted ($0.14) EPS.
As a group, equities analysts predict that Intapp, Inc. will post -0.15 earnings per share for the current year.
Intapp Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding INTA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Intapp, Inc. ( NASDAQ:INTA – Free Report ). Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.
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