Intapp, Inc. (NASDAQ:INTA) Insider Thad Jampol Sells 10,000 Shares

Intapp, Inc. (NASDAQ:INTA - Get Free Report) insider Thad Jampol sold 10,000 shares of Intapp stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $31.87, for a total value of $318,700.00. Following the completion of the sale, the insider now directly owns 727,759 shares of the company's stock, valued at approximately $23,193,679.33. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

• On Thursday, February 8th, Thad Jampol sold 15,000 shares of Intapp stock. The shares were sold at an average price of $40.03, for a total transaction of $600,450.00.
• On Friday, January 19th, Thad Jampol sold 9,102 shares of Intapp stock. The stock was sold at an average price of $44.01, for a total transaction of $400,579.02.
• On Monday, January 22nd, Thad Jampol sold 25,898 shares of Intapp stock. The shares were sold at an average price of $44.58, for a total transaction of $1,154,532.84.

Intapp Price Performance

INTA stock traded down $0.30 during midday trading on Wednesday, reaching $31.92. The company had a trading volume of 519,325 shares, compared to its average volume of 627,667. Intapp, Inc. has a 1 year low of $30.58 and a 1 year high of $50.46. The firm has a 50-day moving average price of $37.49 and a 200-day moving average price of $37.58. The company has a market capitalization of $2.33 billion, a P/E ratio of -40.28 and a beta of 0.51.

Intapp (NASDAQ:INTA - Get Free Report) last issued its earnings results on Tuesday, February 6th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.05. Intapp had a negative return on equity of 12.98% and a negative net margin of 13.81%. The business had revenue of $103.93 million during the quarter, compared to analyst estimates of $103.17 million. On average, equities analysts predict that Intapp, Inc. will post -0.53 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on INTA shares. Piper Sandler reissued an "overweight" rating and set a $52.00 target price on shares of Intapp in a report on Monday, February 26th. Stifel Nicolaus boosted their price objective on Intapp from $45.00 to $47.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. Barclays raised their target price on Intapp from $44.00 to $47.00 and gave the stock an "overweight" rating in a research note on Thursday, February 15th. Citigroup initiated coverage on Intapp in a research report on Tuesday, January 23rd. They set a "buy" rating and a $57.00 price target on the stock. Finally, Truist Financial increased their price target on shares of Intapp from $46.00 to $47.00 and gave the stock a "buy" rating in a report on Wednesday, February 7th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Intapp presently has an average rating of "Buy" and a consensus price target of $49.78.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its position in Intapp by 100.5% during the 1st quarter. Tower Research Capital LLC TRC now owns 764 shares of the company's stock worth $34,000 after acquiring an additional 383 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of Intapp in the second quarter worth $41,000. Assetmark Inc. increased its stake in shares of Intapp by 164.6% in the fourth quarter. Assetmark Inc. now owns 1,310 shares of the company's stock worth $50,000 after buying an additional 815 shares during the period. Lazard Asset Management LLC bought a new stake in Intapp during the 4th quarter valued at $50,000. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in Intapp during the 3rd quarter valued at $52,000. Hedge funds and other institutional investors own 89.96% of the company's stock.

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.

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