Intapp, Inc. (NASDAQ:INTA) Stock Holdings Lessened by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund reduced its holdings in Intapp, Inc. (NASDAQ:INTA) by 5.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 115,500 shares of the company’s stock after selling 6,500 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.16% of Intapp worth $4,391,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Trexquant Investment LP bought a new position in shares of Intapp in the 4th quarter worth about $1,616,000. Wellington Management Group LLP lifted its position in Intapp by 60.0% in the 3rd quarter. Wellington Management Group LLP now owns 989,722 shares of the company’s stock valued at $33,175,000 after purchasing an additional 371,181 shares during the last quarter. Vanguard Group Inc. lifted its position in Intapp by 10.2% in the 3rd quarter. Vanguard Group Inc. now owns 2,809,281 shares of the company’s stock valued at $94,167,000 after purchasing an additional 260,610 shares during the last quarter. TD Asset Management Inc lifted its position in Intapp by 498.3% in the 4th quarter. TD Asset Management Inc now owns 45,090 shares of the company’s stock valued at $1,714,000 after purchasing an additional 37,554 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Intapp by 27.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 190,375 shares of the company’s stock valued at $6,381,000 after purchasing an additional 40,444 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. BTIG Research cut their price objective on shares of Intapp from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Piper Sandler cut their price objective on shares of Intapp from $52.00 to $46.00 and set an “overweight” rating on the stock in a research report on Friday, May 10th. Citigroup cut their price objective on shares of Intapp from $57.00 to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. Oppenheimer cut their price objective on shares of Intapp from $50.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday, May 2nd. Finally, Stifel Nicolaus lowered their target price on shares of Intapp from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, April 24th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Intapp presently has a consensus rating of “Buy” and an average target price of $46.13.

Intapp Trading Down 3.7 %

Intapp stock opened at $32.46 on Wednesday. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of -53.21 and a beta of 0.61. The company’s 50-day moving average price is $34.15 and its two-hundred day moving average price is $36.97. Intapp, Inc. has a 52 week low of $30.36 and a 52 week high of $50.46.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, May 7th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.10. The firm had revenue of $110.64 million for the quarter, compared to analysts’ expectations of $108.18 million. Intapp had a negative net margin of 10.44% and a negative return on equity of 9.08%. Research analysts expect that Intapp, Inc. will post -0.37 earnings per share for the current fiscal year.

Insider Transactions at Intapp

In other news, COO Donald F. Coleman sold 5,000 shares of Intapp stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $35.37, for a total value of $176,850.00. Following the transaction, the chief operating officer now owns 648,411 shares of the company’s stock, valued at approximately $22,934,297.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, COO Donald F. Coleman sold 5,000 shares of Intapp stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $35.37, for a total value of $176,850.00. Following the transaction, the chief operating officer now owns 648,411 shares of the company’s stock, valued at approximately $22,934,297.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George R. Neble sold 1,500 shares of Intapp stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $31.38, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 55,724 shares of company stock valued at $1,923,651 in the last quarter. Insiders own 36.56% 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.