Blue Trust Inc. Has $186,000 Position in Intapp, Inc. (NASDAQ:INTA)

Blue Trust Inc. grew its position in shares of Intapp, Inc. (NASDAQ:INTA) by 36.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,908 shares of the company’s stock after buying an additional 769 shares during the period. Blue Trust Inc.’s holdings in Intapp were worth $186,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its stake in Intapp by 1.1% during the third quarter. The Manufacturers Life Insurance Company now owns 24,815 shares of the company’s stock worth $1,187,000 after acquiring an additional 264 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Intapp by 7.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 5,539 shares of the company’s stock worth $265,000 after buying an additional 373 shares in the last quarter. Raleigh Capital Management Inc. bought a new position in shares of Intapp during the 4th quarter worth about $25,000. Advisors Asset Management Inc. lifted its holdings in shares of Intapp by 59.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,397 shares of the company’s stock worth $67,000 after purchasing an additional 519 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Intapp by 1,054.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock valued at $28,000 after acquiring an additional 527 shares in the last quarter. Institutional investors own 89.96% of the company’s stock.

Insider Buying and Selling

In other Intapp news, CMO Scott Fitzgerald sold 5,221 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $59.30, for a total value of $309,605.30. Following the completion of the transaction, the chief marketing officer now directly owns 46,552 shares in the company, valued at $2,760,533.60. This represents a 10.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Thad Jampol sold 20,174 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $59.30, for a total value of $1,196,318.20. Following the completion of the transaction, the insider now directly owns 803,400 shares of the company’s stock, valued at approximately $47,641,620. This trade represents a 2.45 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 316,846 shares of company stock worth $20,158,913. 13.02% of the stock is owned by insiders.

Intapp Stock Performance

Shares of INTA opened at $73.51 on Wednesday. The stock has a market cap of $5.69 billion, a PE ratio of -253.48 and a beta of 0.74. The firm’s 50-day simple moving average is $66.71 and its two-hundred day simple moving average is $53.63. Intapp, Inc. has a fifty-two week low of $30.36 and a fifty-two week high of $75.90.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.25). Intapp had a negative return on equity of 2.08% and a negative net margin of 4.74%. Equities research analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on INTA shares. Raymond James reaffirmed a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. JPMorgan Chase & Co. boosted their price target on shares of Intapp from $58.00 to $75.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Truist Financial raised their price objective on shares of Intapp from $55.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Citigroup reaffirmed a “neutral” rating and issued a $78.00 price objective (down previously from $87.00) on shares of Intapp in a research note on Thursday, January 16th. Finally, Barclays upped their price target on shares of Intapp from $44.00 to $48.00 and gave the company an “equal weight” rating in a report on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Intapp presently has a consensus rating of “Moderate Buy” and an average price target of $63.64.

Intapp 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.