Intapp, Inc. (NASDAQ:INTA) Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. lifted its position in Intapp, Inc. (NASDAQ:INTA - Free Report) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,654,866 shares of the company's stock after acquiring an additional 63,443 shares during the quarter. Alliancebernstein L.P. owned 2.08% of Intapp worth $106,060,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of INTA. Raleigh Capital Management Inc. purchased a new stake in Intapp during the fourth quarter worth $25,000. Global Retirement Partners LLC bought a new position in Intapp in the fourth quarter worth about $25,000. SBI Securities Co. Ltd. bought a new stake in shares of Intapp in the 4th quarter valued at about $32,000. Wilmington Savings Fund Society FSB purchased a new stake in Intapp during the third quarter valued at approximately $64,000. Finally, OFI Invest Asset Management purchased a new stake in Intapp in the fourth quarter valued at about $102,000. Hedge funds and other institutional investors own 89.96% of the company's stock.

Intapp Price Performance

NASDAQ INTA traded up $0.47 during trading hours on Monday, hitting $51.42. 278,852 shares of the company's stock traded hands, compared to its average volume of 649,310. The company has a market capitalization of $4.08 billion, a PE ratio of -177.81 and a beta of 0.82. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $77.74. The firm's 50-day moving average is $65.12 and its 200-day moving average is $60.82.

Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings results 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%. Equities research analysts predict that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

INTA has been the subject of a number of research reports. Truist Financial lifted their target price on Intapp from $55.00 to $77.00 and gave the stock a "buy" rating in a report on Friday, December 13th. JPMorgan Chase & Co. lifted their price objective on shares of Intapp from $58.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. UBS Group increased their price objective on shares of Intapp from $89.00 to $92.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Piper Sandler restated an "overweight" rating and set a $71.00 target price (up from $60.00) on shares of Intapp in a research report on Tuesday, February 4th. Finally, Barclays lifted their price target on Intapp from $63.00 to $68.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Intapp currently has an average rating of "Moderate Buy" and a consensus target price of $66.45.

Insider Buying and Selling

In other Intapp news, insider Thad Jampol sold 112,928 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $59.27, for a total transaction of $6,693,242.56. Following the completion of the sale, the insider now owns 857,250 shares of the company's stock, valued at $50,809,207.50. This trade represents a 11.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David H. Morton, Jr. sold 5,445 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $68.83, for a total value of $374,779.35. Following the transaction, the chief financial officer now owns 38,996 shares of the company's stock, valued at approximately $2,684,094.68. This represents a 12.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 294,755 shares of company stock worth $18,325,761. Insiders own 13.02% of the company's stock.

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.