Jump Financial LLC Buys Shares of 40,657 Intapp, Inc. (NASDAQ:INTA)

Jump Financial LLC acquired a new position in Intapp, Inc. (NASDAQ:INTA - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 40,657 shares of the company's stock, valued at approximately $1,546,000. Jump Financial LLC owned 0.06% of Intapp as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in INTA. Ellsworth Advisors LLC lifted its stake in Intapp by 3.0% in the fourth quarter. Ellsworth Advisors LLC now owns 8,821 shares of the company's stock worth $335,000 after acquiring an additional 255 shares during the period. Keybank National Association OH boosted its stake in shares of Intapp by 7.1% during the 3rd quarter. Keybank National Association OH now owns 8,257 shares of the company's stock valued at $277,000 after purchasing an additional 544 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Intapp by 0.5% during the third quarter. Nordea Investment Management AB now owns 130,893 shares of the company's stock valued at $4,417,000 after buying an additional 641 shares during the period. Amalgamated Bank raised its stake in Intapp by 30.5% in the third quarter. Amalgamated Bank now owns 3,033 shares of the company's stock worth $102,000 after buying an additional 708 shares in the last quarter. Finally, Spouting Rock Asset Management LLC lifted its holdings in Intapp by 10.4% in the third quarter. Spouting Rock Asset Management LLC now owns 11,327 shares of the company's stock worth $380,000 after buying an additional 1,065 shares during the period. 89.96% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director George R. Neble sold 1,500 shares of the stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $31.38, for a total transaction of $47,070.00. Following the sale, the director now owns 29,047 shares in the company, valued at $911,494.86. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, Director George R. Neble sold 1,500 shares of the business's stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $31.38, for a total value of $47,070.00. Following the completion of the transaction, the director now directly owns 29,047 shares in the company, valued at approximately $911,494.86. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO John T. Hall sold 30,344 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $40.27, for a total value of $1,221,952.88. Following the sale, the chief executive officer now owns 4,708,775 shares in the company, valued at $189,622,369.25. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,111,704 shares of company stock valued at $258,193,485. Insiders own 36.56% of the company's stock.

Intapp Price Performance

Intapp stock traded down $0.37 during mid-day trading on Thursday, reaching $36.63. The stock had a trading volume of 467,348 shares, compared to its average volume of 639,662. Intapp, Inc. has a one year low of $30.36 and a one year high of $50.46. The company has a 50-day moving average price of $33.23 and a two-hundred day moving average price of $37.20. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of -60.05 and a beta of 0.56.

Analysts Set New Price Targets

A number of research analysts have weighed in on INTA shares. Citigroup reduced their target price on Intapp from $57.00 to $52.00 and set a "buy" rating on the stock in a report on Tuesday, April 23rd. Oppenheimer reduced their price target on Intapp from $50.00 to $42.00 and set an "outperform" rating on the stock in a research note on Thursday, May 2nd. Stifel Nicolaus lowered their price objective on Intapp from $47.00 to $45.00 and set a "buy" rating for the company in a research report on Wednesday, April 24th. BTIG Research dropped their target price on shares of Intapp from $55.00 to $50.00 and set a "buy" rating on the stock in a report on Wednesday, May 8th. Finally, Barclays decreased their price target on shares of Intapp from $47.00 to $42.00 and set an "overweight" rating for the company in a research note on Thursday, April 11th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $46.13.

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.