Zurcher Kantonalbank Zurich Cantonalbank Has $864,000 Holdings in Intapp, Inc. (NASDAQ:INTA)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Intapp, Inc. (NASDAQ:INTA) by 6.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,802 shares of the company’s stock after acquiring an additional 948 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Intapp were worth $864,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its holdings in shares of Intapp by 74.2% in the first quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after purchasing an additional 224 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Intapp by 414.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company’s stock valued at $47,000 after buying an additional 647 shares during the last quarter. Johnson Financial Group Inc. lifted its position in Intapp by 273.8% during the 4th quarter. Johnson Financial Group Inc. now owns 826 shares of the company’s stock worth $53,000 after buying an additional 605 shares in the last quarter. CWM LLC lifted its position in Intapp by 27.0% during the 1st quarter. CWM LLC now owns 1,003 shares of the company’s stock worth $59,000 after buying an additional 213 shares in the last quarter. Finally, CoreCap Advisors LLC acquired a new position in shares of Intapp during the 4th quarter worth about $64,000. 89.96% of the stock is owned by institutional investors.

Insider Activity at Intapp

In other news, insider David Benjamin Harrison sold 14,275 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $55.01, for a total transaction of $785,267.75. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Donald F. Coleman sold 5,629 shares of the business’s stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $57.07, for a total value of $321,247.03. Following the completion of the sale, the chief operating officer owned 437,885 shares of the company’s stock, valued at $24,990,096.95. This trade represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 71,913 shares of company stock valued at $3,974,734 in the last 90 days. Insiders own 13.02% of the company’s stock.

Intapp Trading Up 0.1%

INTA opened at $40.50 on Wednesday. The stock’s fifty day simple moving average is $48.85 and its 200 day simple moving average is $56.72. Intapp, Inc. has a 1-year low of $31.08 and a 1-year high of $77.74. The stock has a market cap of $3.28 billion, a PE ratio of -168.75, a price-to-earnings-growth ratio of 8.00 and a beta of 0.73.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.04. The company had revenue of $129.07 million for the quarter, compared to analyst estimates of $128.84 million. Intapp had a negative net margin of 3.78% and a negative return on equity of 1.19%. The company’s revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 earnings per share. Equities analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on INTA. UBS Group lowered their target price on Intapp from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Wednesday, May 7th. Piper Sandler raised Intapp to a “neutral” rating and set a $55.00 price target on the stock in a research report on Tuesday, June 24th. Truist Financial cut their price objective on Intapp from $80.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, April 16th. Citigroup decreased their target price on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday, July 16th. Finally, Barclays lowered shares of Intapp from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $60.00 to $44.00 in a research report on Monday, July 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Intapp currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.11.

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.