Intapp, Inc. (NASDAQ:INTA) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in Intapp, Inc. (NASDAQ:INTA) by 9.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,051,237 shares of the company’s stock after purchasing an additional 95,035 shares during the quarter. Geode Capital Management LLC owned 1.36% of Intapp worth $50,291,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of INTA. Farther Finance Advisors LLC lifted its holdings in Intapp by 1,054.0% in the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock worth $28,000 after purchasing an additional 527 shares during the period. Blue Trust Inc. acquired a new stake in shares of Intapp in the 2nd quarter worth approximately $30,000. Quest Partners LLC bought a new position in shares of Intapp in the third quarter valued at approximately $54,000. Financial Management Professionals Inc. acquired a new position in shares of Intapp during the third quarter valued at approximately $57,000. Finally, Advisors Asset Management Inc. raised its holdings in Intapp by 59.1% during the third quarter. Advisors Asset Management Inc. now owns 1,397 shares of the company’s stock worth $67,000 after purchasing an additional 519 shares in the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on INTA shares. Citigroup lifted their price target on Intapp from $63.00 to $87.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Raymond James boosted their price target on shares of Intapp from $46.00 to $55.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 5th. Stifel Nicolaus raised their price objective on shares of Intapp from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. JPMorgan Chase & Co. boosted their target price on shares of Intapp from $58.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Finally, Piper Sandler restated an “overweight” rating and set a $60.00 target price (up from $46.00) on shares of Intapp in a report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Intapp currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.64.

Intapp Trading Up 0.9 %

Shares of INTA stock opened at $65.19 on Monday. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of -224.79 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 stock’s fifty day simple moving average is $58.30 and its 200-day simple moving average is $46.33.

Intapp (NASDAQ:INTA) last released its earnings results on Monday, November 4th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. The company had revenue of $118.81 million for the quarter, compared to analysts’ expectations of $117.88 million. Intapp had a negative return on equity of 2.08% and a negative net margin of 4.74%. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.20) EPS. On average, sell-side analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Insider Buying and Selling at Intapp

In related news, CEO John T. Hall sold 44,009 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $59.30, for a total value of $2,609,733.70. Following the transaction, the chief executive officer now owns 5,093,692 shares in the company, valued at approximately $302,055,935.60. This represents a 0.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Thad Jampol sold 20,000 shares of Intapp stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of $45.09, for a total transaction of $901,800.00. Following the completion of the sale, the insider now owns 772,412 shares of the company’s stock, valued at $34,828,057.08. This trade represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 409,624 shares of company stock worth $24,909,164. 13.02% of the stock is currently owned by company insiders.

Intapp 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.