Intapp, Inc. (NASDAQ:INTA – Get Free Report) has received an average rating of “Buy” from the nine brokerages that are presently covering the stock, Marketbeat reports. Nine investment analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $43.64.
A number of equities analysts have recently weighed in on INTA shares. Barclays began coverage on Intapp in a research note on Wednesday, September 6th. They issued an “overweight” rating and a $43.00 price objective for the company. UBS Group started coverage on shares of Intapp in a report on Tuesday. They set a “buy” rating and a $45.00 price objective for the company. Piper Sandler lowered their target price on shares of Intapp from $49.00 to $46.00 and set an “overweight” rating on the stock in a report on Friday, September 8th. Finally, Oppenheimer cut their target price on shares of Intapp from $54.00 to $48.00 and set an “outperform” rating for the company in a research note on Thursday, September 7th.
Insider Transactions at Intapp
Institutional Investors Weigh In On Intapp
Institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in Intapp by 0.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 111,811 shares of the company’s stock worth $5,014,000 after purchasing an additional 316 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Intapp by 100.5% in the first quarter. Tower Research Capital LLC TRC now owns 764 shares of the company’s stock worth $34,000 after buying an additional 383 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Intapp by 7.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,168 shares of the company’s stock worth $300,000 after acquiring an additional 479 shares during the last quarter. American International Group Inc. boosted its holdings in Intapp by 7.0% during the 2nd quarter. American International Group Inc. now owns 7,528 shares of the company’s stock valued at $315,000 after acquiring an additional 490 shares during the period. Finally, Keybank National Association OH grew its position in Intapp by 7.1% in the 3rd quarter. Keybank National Association OH now owns 8,257 shares of the company’s stock valued at $277,000 after acquiring an additional 544 shares during the last quarter.
Intapp Trading Up 11.1 %
Shares of NASDAQ:INTA opened at $39.09 on Thursday. Intapp has a 12-month low of $20.57 and a 12-month high of $50.46. The company has a market cap of $2.71 billion, a PE ratio of -36.19 and a beta of 0.61. The stock has a 50 day moving average of $34.88 and a 200 day moving average of $38.40.
Intapp (NASDAQ:INTA – Get Free Report) last posted its quarterly earnings results on Wednesday, September 6th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The business had revenue of $94.62 million during the quarter, compared to analyst estimates of $93.14 million. Intapp had a negative net margin of 19.79% and a negative return on equity of 19.62%. The company’s revenue was up 25.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.29) earnings per share. Equities research analysts predict that Intapp will post -0.74 earnings per share for the current fiscal year.
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.
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