Thad Jampol Sells 20,000 Shares of Intapp, Inc. (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) insider Thad Jampol sold 20,000 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $57.15, for a total value of $1,143,000.00. Following the transaction, the insider now directly owns 857,250 shares in the company, valued at approximately $48,991,837.50. The trade was a 2.28 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Thad Jampol also recently made the following trade(s):

• On Wednesday, January 8th, Thad Jampol sold 20,000 shares of Intapp stock. The shares were sold at an average price of $61.85, for a total value of $1,237,000.00.

Intapp Stock Performance

Shares of NASDAQ:INTA traded up $2.05 on Wednesday, hitting $61.05. 490,495 shares of the company’s stock were exchanged, compared to its average volume of 709,538. Intapp, Inc. has a 1-year low of $30.36 and a 1-year high of $77.74. The company has a market capitalization of $4.85 billion, a PE ratio of -210.51 and a beta of 0.77. The firm’s 50-day moving average is $67.52 and its 200 day moving average is $59.01.

Intapp (NASDAQ:INTA) last announced its quarterly earnings results on Tuesday, February 4th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.25). Intapp had a negative net margin of 4.78% and a negative return on equity of 1.86%. On average, analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Barclays raised their price objective on shares of Intapp from $63.00 to $68.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 5th. Raymond James reissued a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. JPMorgan Chase & Co. upped their price objective on Intapp from $58.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. UBS Group lifted their target price on Intapp from $89.00 to $92.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Finally, Stifel Nicolaus boosted their target price on Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Intapp currently has an average rating of “Moderate Buy” and an average target price of $66.45.

Institutional Investors Weigh In On Intapp

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC acquired a new position in Intapp in the fourth quarter valued at $25,000. Raleigh Capital Management Inc. purchased a new stake in shares of Intapp in the 4th quarter valued at about $25,000. SBI Securities Co. Ltd. purchased a new stake in shares of Intapp in the 4th quarter valued at about $32,000. Farther Finance Advisors LLC boosted 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 valued at $28,000 after purchasing an additional 527 shares during the period. Finally, Johnson Financial Group Inc. grew its stake in Intapp by 273.8% during the 4th quarter. Johnson Financial Group Inc. now owns 826 shares of the company’s stock worth $53,000 after buying an additional 605 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

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.