Scott Fitzgerald Sells 3,394 Shares of Intapp, Inc. (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) CMO Scott Fitzgerald sold 3,394 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 $233,609.02. Following the completion of the sale, the chief marketing officer now directly owns 52,090 shares of the company’s stock, valued at approximately $3,585,354.70. This represents a 6.12 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Scott Fitzgerald also recently made the following trade(s):

• On Thursday, January 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The shares were sold at an average price of $64.38, for a total value of $193,140.00.
• On Monday, December 2nd, Scott Fitzgerald sold 3,000 shares of Intapp stock. The shares were sold at an average price of $63.53, for a total value of $190,590.00.

Intapp Trading Down 4.7 %

Shares of NASDAQ INTA opened at $66.11 on Friday. Intapp, Inc. has a 12-month low of $30.36 and a 12-month high of $77.74. The company has a market cap of $5.25 billion, a price-to-earnings ratio of -227.96 and a beta of 0.74. The stock’s 50 day simple moving average is $68.13 and its 200 day simple moving average is $56.78.

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 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%. As a group, equities analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on INTA shares. Barclays upped their price target on Intapp from $63.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Truist Financial upped their price target on Intapp from $55.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Raymond James restated a “market perform” rating on shares of Intapp in a research note on Friday, January 3rd. Stifel Nicolaus upped their price target on Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, JPMorgan Chase & Co. upped their price target on Intapp from $58.00 to $75.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.45.

Institutional Trading of Intapp

Several hedge funds and other institutional investors have recently modified their holdings of INTA. Raleigh Capital Management Inc. acquired a new stake in shares of Intapp in the fourth quarter worth $25,000. Global Retirement Partners LLC acquired a new stake in Intapp during the fourth quarter valued at $25,000. Farther Finance Advisors LLC boosted 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 valued at $28,000 after purchasing an additional 527 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Intapp during the fourth quarter valued at $32,000. Finally, Johnson Financial Group Inc. boosted its position in Intapp by 273.8% during the fourth quarter. Johnson Financial Group Inc. now owns 826 shares of the company’s stock valued at $53,000 after purchasing an additional 605 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

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.