3,300 Shares in Intapp, Inc. (NASDAQ:INTA) Purchased by Left Brain Wealth Management LLC

Left Brain Wealth Management LLC purchased a new position in shares of Intapp, Inc. (NASDAQ:INTA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,300 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds have also bought and sold shares of the company. Raleigh Capital Management Inc. bought a new position in Intapp during the fourth quarter worth about $25,000. Global Retirement Partners LLC bought a new position in Intapp during the fourth quarter worth about $25,000. Farther Finance Advisors LLC increased its position in Intapp by 1,054.0% during the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock worth $28,000 after acquiring an additional 527 shares during the period. SBI Securities Co. Ltd. bought a new position in Intapp during the fourth quarter worth about $32,000. Finally, Quest Partners LLC bought a new position in Intapp in the 3rd quarter valued at about $54,000. 89.96% of the stock is owned by institutional investors.

Intapp Stock Performance

Shares of NASDAQ INTA opened at $58.20 on Friday. The company has a market capitalization of $4.62 billion, a P/E ratio of -200.68 and a beta of 0.77. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $77.74. The company’s 50 day moving average price is $67.33 and its 200-day moving average price is $59.01.

Intapp (NASDAQ:INTA) last issued its quarterly earnings results on Tuesday, February 4th. The company reported ($0.08) earnings per share (EPS) 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%. Analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current year.

Insider Transactions at Intapp

In other news, CEO John T. Hall sold 70,986 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $68.83, for a total value of $4,885,966.38. Following the transaction, the chief executive officer now owns 5,026,096 shares in the company, valued at approximately $345,946,187.68. The trade was a 1.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thad Jampol sold 20,000 shares of the business’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $61.85, for a total transaction of $1,237,000.00. Following the transaction, the insider now owns 828,197 shares in the company, valued at $51,223,984.45. The trade was a 2.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 230,447 shares of company stock worth $15,186,622. Company insiders own 13.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Citigroup reissued a “neutral” rating and issued a $78.00 target price (down from $87.00) on shares of Intapp in a report on Thursday, January 16th. Truist Financial raised their target price on shares of Intapp from $55.00 to $77.00 and gave the company a “buy” rating in a report on Friday, December 13th. Piper Sandler reissued an “overweight” rating and issued a $71.00 target price (up from $60.00) on shares of Intapp in a report on Tuesday, February 4th. Barclays raised their target price on shares of Intapp from $63.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, February 5th. Finally, Raymond James reissued a “market perform” rating on shares of Intapp in a report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.45.

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.