Fuller & Thaler Asset Management Inc. Boosts Holdings in Intapp, Inc. (NASDAQ:INTA)

Fuller & Thaler Asset Management Inc. lifted its position in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,197,486 shares of the company's stock after purchasing an additional 95,761 shares during the period. Fuller & Thaler Asset Management Inc. owned about 1.51% of Intapp worth $76,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Invesco Ltd. lifted its stake in Intapp by 6,506.1% in the fourth quarter. Invesco Ltd. now owns 1,980,506 shares of the company's stock valued at $126,931,000 after buying an additional 1,950,526 shares during the period. Vanguard Group Inc. lifted its stake in Intapp by 11.8% in the fourth quarter. Vanguard Group Inc. now owns 6,368,216 shares of the company's stock valued at $408,139,000 after buying an additional 672,832 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Intapp by 408.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 720,994 shares of the company's stock valued at $46,209,000 after buying an additional 579,075 shares during the period. Capital World Investors lifted its stake in Intapp by 30.3% in the fourth quarter. Capital World Investors now owns 1,701,939 shares of the company's stock valued at $109,077,000 after buying an additional 395,804 shares during the period. Finally, Prudential Financial Inc. lifted its stake in Intapp by 92.3% in the fourth quarter. Prudential Financial Inc. now owns 669,277 shares of the company's stock valued at $42,894,000 after buying an additional 321,329 shares during the period. 89.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on INTA. Piper Sandler reissued an "overweight" rating and issued a $71.00 price target (up from $60.00) on shares of Intapp in a research note on Tuesday, February 4th. Raymond James reaffirmed a "market perform" rating on shares of Intapp in a research report on Friday, January 3rd. Truist Financial dropped their price target on shares of Intapp from $80.00 to $68.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Stifel Nicolaus dropped their target price on shares of Intapp from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Tuesday. Finally, UBS Group boosted their target price on shares of Intapp from $89.00 to $92.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $64.00.

Intapp Stock Down 0.2 %

Shares of Intapp stock traded down $0.09 during trading on Tuesday, reaching $54.02. The company's stock had a trading volume of 89,798 shares, compared to its average volume of 652,914. Intapp, Inc. has a 52-week low of $30.42 and a 52-week high of $77.74. The company has a market cap of $4.29 billion, a price-to-earnings ratio of -186.03 and a beta of 0.82. The firm's 50-day moving average is $58.20 and its two-hundred day moving average is $61.31.

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

Insider Activity at Intapp

In other news, CEO John T. Hall sold 33,227 shares of the company's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $68.83, for a total value of $2,287,014.41. Following the completion of the sale, the chief executive officer now directly owns 5,258,576 shares in the company, valued at $361,947,786.08. This represents a 0.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Michele Murgel sold 7,531 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 $518,358.73. Following the completion of the sale, the insider now owns 223,945 shares of the company's stock, valued at $15,414,134.35. The trade was a 3.25 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 274,755 shares of company stock valued at $17,088,761. 13.02% of the stock is owned by corporate insiders.

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.