Barclays PLC Has $7.89 Million Stock Holdings in Intapp, Inc. (NASDAQ:INTA)

Barclays PLC lifted its position in Intapp, Inc. (NASDAQ:INTA - Free Report) by 15.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,114 shares of the company's stock after purchasing an additional 16,333 shares during the quarter. Barclays PLC owned 0.16% of Intapp worth $7,889,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in shares of Intapp by 2.0% during the 4th quarter. Victory Capital Management Inc. now owns 8,652 shares of the company's stock worth $555,000 after acquiring an additional 171 shares during the period. Steward Partners Investment Advisory LLC lifted its stake in Intapp by 8.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,964 shares of the company's stock worth $190,000 after purchasing an additional 239 shares during the period. Global Retirement Partners LLC bought a new stake in shares of Intapp in the 4th quarter valued at approximately $25,000. Raleigh Capital Management Inc. acquired a new position in shares of Intapp in the 4th quarter worth approximately $25,000. Finally, Amalgamated Bank boosted its stake in Intapp by 30.0% in the 4th quarter. Amalgamated Bank now owns 1,819 shares of the company's stock valued at $117,000 after buying an additional 420 shares in the last quarter. 89.96% of the stock is owned by institutional investors.

Insider Activity at Intapp

In other Intapp news, CFO David H. Morton, Jr. sold 5,445 shares of Intapp stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $68.83, for a total value of $374,779.35. Following the sale, the chief financial officer now directly owns 38,996 shares in the company, valued at approximately $2,684,094.68. The trade was a 12.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thad Jampol sold 112,928 shares of the stock in a transaction dated 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 transaction, the insider now owns 857,250 shares of the company's stock, valued at approximately $50,809,207.50. This represents a 11.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 274,755 shares of company stock worth $17,088,761. 13.02% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on INTA. Piper Sandler reissued an "overweight" rating and set a $71.00 price objective (up from $60.00) on shares of Intapp in a report on Tuesday, February 4th. Raymond James reaffirmed a "market perform" rating on shares of Intapp in a research note on Friday, January 3rd. Stifel Nicolaus reduced their target price on Intapp from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Tuesday. UBS Group raised their price target on Intapp from $89.00 to $92.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Finally, Barclays cut their price objective on Intapp from $68.00 to $60.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Intapp has a consensus rating of "Moderate Buy" and an average price target of $64.00.

Intapp Stock Down 0.4 %

INTA stock traded down $0.21 during midday trading on Tuesday, reaching $53.89. The stock had a trading volume of 31,657 shares, compared to its average volume of 652,685. Intapp, Inc. has a twelve month low of $30.42 and a twelve month high of $77.74. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of -185.85 and a beta of 0.82. The business has a fifty day simple moving average of $58.20 and a two-hundred day simple moving average of $61.31.

Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) earnings per share 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%. On average, equities analysts predict that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

About Intapp

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.