2 weeks Ago By Defense World Staff
Intapp, Inc. ( NASDAQ:INTA – Get Free Report ) has earned an average rating of “Moderate Buy” from the nine analysts that are currently covering the company, MarketBeat.com reports.
One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $50.00.
Several analysts recently weighed in on the company. UBS Group lifted their price target on Intapp from $49.00 to $50.
00 and gave the stock a “buy” rating in a report on Wednesday, August 14th. Bank of America dropped their target price on Intapp from $52.00 to $48.
00 and set a “buy” rating for the company in a report on Wednesday, August 14th. Stifel Nicolaus boosted their target price on shares of Intapp from $45.00 to $60.
00 and gave the company a “buy” rating in a research report on Monday, September 23rd. Barclays raised their price target on shares of Intapp from $42.00 to $44.
00 and gave the stock an “overweight” rating in a research report on Wednesday, August 14th. Finally, Piper Sandler reissued an “overweight” rating and issued a $46.00 price objective on shares of Intapp in a report on Wednesday, August 14th.
View Our Latest Analysis on Intapp Intapp Trading Down 1.2 % Intapp ( NASDAQ:INTA – Get Free Report ) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.
15 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.03.
The company 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 company’s revenue was up 20.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.
14) earnings per share. As a group, sell-side analysts predict that Intapp will post -0.15 EPS for the current fiscal year.
Insider Buying and Selling at Intapp In related news, insider Michele Murgel sold 1,252 shares of Intapp stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $50.00, for a total value of $62,600.
00. Following the transaction, the insider now directly owns 152,702 shares of the company’s stock, valued at $7,635,100. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
In related news, insider Michele Murgel sold 1,252 shares of the company’s stock in a transaction on 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 directly owns 152,702 shares in the company, valued at approximately $7,635,100. The sale was disclosed in a filing with the SEC, which is available through this link .
Also, insider Thad Jampol sold 15,000 shares of Intapp stock in a transaction dated Monday, July 8th. The shares were 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 owns 749,652 shares in the company, valued at approximately $26,177,847.84.
The disclosure for this sale can be found here . Insiders have sold a total of 146,239 shares of company stock valued at $6,856,781 in the last ninety days. 36.
56% of the stock is currently owned by company insiders. Hedge Funds Weigh In On Intapp A number of institutional investors have recently added to or reduced their stakes in the stock. J.
Safra Asset Management Corp boosted its position 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 buying an additional 615 shares in the last quarter. Advisors Asset Management Inc. grew its position in Intapp by 239.
1% during the 1st quarter. Advisors Asset Management Inc. now owns 824 shares of the company’s stock worth $28,000 after acquiring an additional 581 shares during the last quarter.
Blue Trust Inc. acquired a new position in Intapp in the 2nd quarter worth about $30,000. Comerica Bank raised its position in Intapp by 218.
4% in the first quarter. Comerica Bank now owns 1,261 shares of the company’s stock valued at $43,000 after purchasing an additional 865 shares during the last quarter. Finally, Assetmark Inc.
boosted its stake in shares of 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 purchasing an additional 815 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.
Intapp Company Profile ( Get 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. Further Reading Five stocks we like better than Intapp What is the Dow Jones Industrial Average (DJIA)? CarMax’s Impressive Rally: What Investors Should Watch Next The How And Why of Investing in Oil Stocks MarketBeat Week in Review – 9/23 – 9/27 What Do S&P 500 Stocks Tell Investors About the Market? Wake Up to This Biotech Stock That Still Has Big Potential Upside 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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