Intapp (NASDAQ:INTA) Given New $45.00 Price Target at Stifel Nicolaus

Intapp (NASDAQ:INTA) had its price objective decreased by Stifel Nicolaus from $47.00 to $45.00 in a research note published on Wednesday, Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

INTA has been the subject of several other reports. Truist Financial lifted their price objective on shares of Intapp from $46.00 to $47.00 and gave the stock a buy rating in a research note on Wednesday, February 7th. Piper Sandler reissued an overweight rating and issued a $52.00 price objective on shares of Intapp in a report on Monday, February 26th. Barclays decreased their target price on Intapp from $47.00 to $42.00 and set an overweight rating for the company in a report on Thursday, April 11th. Finally, Citigroup decreased their price objective on shares of Intapp from $57.00 to $52.00 and set a buy rating for the company in a research report on Tuesday. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of Buy and a consensus price target of $48.44.

Intapp Trading Up 1.4 %

Shares of NASDAQ INTA opened at $31.88 on Wednesday. Intapp has a fifty-two week low of $30.36 and a fifty-two week high of $50.46. The business’s 50 day moving average price is $34.59 and its 200-day moving average price is $37.30.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, February 6th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.05. The business had revenue of $103.93 million during the quarter, compared to the consensus estimate of $103.17 million. Intapp had a negative return on equity of 12.98% and a negative net margin of 13.81%. Analysts forecast that Intapp will post -0.53 earnings per share for the current year.

Insider Transactions at Intapp

In related news, 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 transaction, the director now owns 29,047 shares in the company, valued at $911,494.86. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Intapp news, CMO Scott Fitzgerald sold 1,363 shares of Intapp stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $45.00, for a total transaction of $61,335.00. Following the completion of the sale, the chief marketing officer now directly owns 29,568 shares in the company, valued at $1,330,560. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director George R. Neble sold 1,500 shares of Intapp 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 completion of the sale, the director now owns 29,047 shares of the company’s stock, valued at approximately $911,494.86. The disclosure for this sale can be found here. Insiders have sold a total of 7,117,067 shares of company stock worth $258,544,060 in the last ninety days. Insiders own 36.56% of the company’s stock.

Institutional Investors Weigh In On Intapp

Several institutional investors and hedge funds have recently modified their holdings of INTA. Ellsworth Advisors LLC lifted its holdings in Intapp by 3.0% during the 4th quarter. Ellsworth Advisors LLC now owns 8,821 shares of the company’s stock worth $335,000 after buying an additional 255 shares in the last quarter. Keybank National Association OH grew its position in shares of Intapp by 7.1% during the third quarter. Keybank National Association OH now owns 8,257 shares of the company’s stock worth $277,000 after buying an additional 544 shares in the last quarter. Nordea Investment Management AB increased its position in Intapp by 0.5% during the 3rd quarter. Nordea Investment Management AB now owns 130,893 shares of the company’s stock worth $4,417,000 after purchasing an additional 641 shares in the last quarter. Amalgamated Bank lifted its holdings in Intapp by 30.5% in the 3rd quarter. Amalgamated Bank now owns 3,033 shares of the company’s stock valued at $102,000 after purchasing an additional 708 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Intapp by 164.6% during the fourth quarter. Assetmark Inc. now owns 1,310 shares of the company’s stock worth $50,000 after buying an additional 815 shares in the last quarter. Hedge funds and other institutional investors 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.