Intapp, Inc. (NASDAQ:INTA) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Intapp, Inc. (NASDAQ:INTA) by 25.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,419 shares of the company’s stock after purchasing an additional 1,098 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Intapp were worth $206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in INTA. Robeco Institutional Asset Management B.V. bought a new stake in Intapp in the third quarter valued at about $52,000. Allspring Global Investments Holdings LLC grew its position in shares of Intapp by 152.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,998 shares of the company’s stock worth $67,000 after acquiring an additional 1,205 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Intapp by 81,400.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,445 shares of the company’s stock valued at $82,000 after acquiring an additional 2,442 shares during the last quarter. Amalgamated Bank raised its position in shares of Intapp by 30.5% during the 3rd quarter. Amalgamated Bank now owns 3,033 shares of the company’s stock valued at $102,000 after acquiring an additional 708 shares in the last quarter. Finally, Strs Ohio bought a new position in Intapp during the fourth quarter worth $212,000. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Intapp

In related news, Director George R. Neble sold 1,500 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $31.38, for a total value of $47,070.00. Following the completion of the sale, the director now owns 29,047 shares of the company’s stock, valued at $911,494.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, COO Donald F. Coleman sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $38.91, for a total transaction of $583,650.00. Following the transaction, the chief operating officer now owns 629,338 shares in the company, valued at $24,487,541.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director George R. Neble sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $31.38, for a total value of $47,070.00. Following the sale, 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. Over the last quarter, insiders sold 7,106,704 shares of company stock valued at $258,088,735. 36.56% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

INTA has been the subject of several recent research reports. Piper Sandler reiterated an “overweight” rating and set a $52.00 target price on shares of Intapp in a research note on Monday, February 26th. Citigroup lowered 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, April 23rd. Stifel Nicolaus cut their target price on shares of Intapp from $47.00 to $45.00 and set a “buy” rating on the stock in a report on Wednesday, April 24th. Oppenheimer decreased their target price on Intapp from $50.00 to $42.00 and set an “outperform” rating for the company in a research note on Thursday, May 2nd. Finally, Barclays dropped their price target on Intapp from $47.00 to $42.00 and set an “overweight” rating on the stock in a research report on Thursday, April 11th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $47.78.

Intapp Trading Up 2.9 %

INTA opened at $33.15 on Wednesday. The business’s 50 day moving average is $33.40 and its 200-day moving average is $37.14. The stock has a market cap of $2.42 billion, a PE ratio of -41.44 and a beta of 0.56. Intapp, Inc. has a twelve month low of $30.36 and a twelve month high of $50.46.

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

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.