Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald Sells 2,086 Shares

Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald sold 2,086 shares of Intapp stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $64.54, for a total value of $134,630.44. Following the completion of the sale, the chief marketing officer now owns 47,517 shares of the company’s stock, valued at approximately $3,066,747.18. The trade was a 4.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, February 20th, Scott Fitzgerald sold 3,394 shares of Intapp stock. The shares were sold at an average price of $68.83, for a total transaction of $233,609.02.
• On Thursday, January 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The stock was sold at an average price of $64.38, for a total transaction of $193,140.00.
• On Monday, December 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The stock was sold at an average price of $63.53, for a total value of $190,590.00.

Intapp Stock Performance

Shares of NASDAQ INTA traded down $0.60 during trading on Tuesday, hitting $65.30. The company had a trading volume of 734,002 shares, compared to its average volume of 754,694. Intapp, Inc. has a 12 month low of $30.36 and a 12 month high of $77.74. The stock has a 50 day simple moving average of $68.08 and a 200 day simple moving average of $57.19. The firm has a market capitalization of $5.18 billion, a P/E ratio of -225.16 and a beta of 0.74.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.25). Intapp had a negative net margin of 4.78% and a negative return on equity of 1.86%. As a group, analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Institutional Trading of Intapp

Hedge funds have recently modified their holdings of the company. Blue Trust Inc. lifted its stake in Intapp by 147.0% in the third quarter. Blue Trust Inc. now owns 2,139 shares of the company’s stock worth $102,000 after purchasing an additional 1,273 shares during the last quarter. Raymond James & Associates increased its stake in shares of Intapp by 114.1% during the third quarter. Raymond James & Associates now owns 59,624 shares of the company’s stock valued at $2,852,000 after buying an additional 31,778 shares during the period. Financial Management Professionals Inc. bought a new stake in shares of Intapp in the 3rd quarter valued at about $57,000. Farther Finance Advisors LLC raised its position 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 acquiring an additional 527 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its stake in shares of Intapp by 7.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 5,539 shares of the company’s stock worth $265,000 after purchasing an additional 373 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. UBS Group lifted their price objective on shares of Intapp from $89.00 to $92.00 and gave the company a “buy” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. raised their price objective on shares of Intapp from $58.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Raymond James reiterated a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Truist Financial upped 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. Finally, Citigroup reiterated a “neutral” rating and issued a $78.00 price objective (down previously from $87.00) on shares of Intapp in a report on Thursday, January 16th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.45.

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.