Capital World Investors lifted its stake in shares of Intapp, Inc. (NASDAQ:INTA – Free Report) by 3.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,992,169 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Capital World Investors owned 3.72% of Intapp worth $137,101,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. GW&K Investment Management LLC boosted its holdings in shares of Intapp by 12.8% during the 3rd quarter. GW&K Investment Management LLC now owns 1,097,150 shares of the company’s stock worth $44,874,000 after purchasing an additional 124,559 shares during the last quarter. Tudor Investment Corp ET AL boosted its holdings in shares of Intapp by 737.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 108,321 shares of the company’s stock worth $4,430,000 after purchasing an additional 95,380 shares during the last quarter. AMS Capital Ltda purchased a new stake in shares of Intapp during the 4th quarter valued at approximately $8,093,000. Jennison Associates LLC raised its position in shares of Intapp by 3.7% during the 4th quarter. Jennison Associates LLC now owns 1,831,625 shares of the company’s stock valued at $83,925,000 after buying an additional 65,174 shares during the period. Finally, Bamco Inc. NY raised its position in shares of Intapp by 6.7% during the 3rd quarter. Bamco Inc. NY now owns 2,880,950 shares of the company’s stock valued at $117,831,000 after buying an additional 181,073 shares during the period. 89.96% of the stock is currently owned by institutional investors and hedge funds.
Intapp Stock Down 0.5%
Shares of NASDAQ INTA opened at $24.22 on Tuesday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of -52.65 and a beta of 0.49. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $58.79. The business’s 50 day moving average is $22.77 and its two-hundred day moving average is $30.68.
Analyst Upgrades and Downgrades
Several research firms have recently commented on INTA. UBS Group reduced their price target on shares of Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday, April 23rd. Oppenheimer reaffirmed a “market perform” rating on shares of Intapp in a research report on Thursday, February 26th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. JPMorgan Chase & Co. reduced their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Finally, Barclays lifted their price target on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Intapp has a consensus rating of “Hold” and a consensus price target of $34.57.
Read Our Latest Report on Intapp
About Intapp
Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.
Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.
Featured Stories
- Five stocks we like better than Intapp
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding INTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intapp, Inc. (NASDAQ:INTA – Free Report).
Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.com's FREE daily email newsletter.
