Aigen Investment Management LP Invests $263,000 in Intapp, Inc. (NASDAQ:INTA)

Aigen Investment Management LP acquired a new position in Intapp, Inc. (NASDAQ:INTA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,097 shares of the company’s stock, valued at approximately $263,000.

Several other large investors also recently made changes to their positions in INTA. Farther Finance Advisors LLC increased its position in shares of Intapp by 1,054.0% in the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock worth $28,000 after acquiring an additional 527 shares in the last quarter. Asset Management One Co. Ltd. acquired a new stake in shares of Intapp in the third quarter worth $2,330,000. TimesSquare Capital Management LLC grew its holdings in Intapp by 27.6% during the 3rd quarter. TimesSquare Capital Management LLC now owns 545,160 shares of the company’s stock valued at $26,075,000 after purchasing an additional 117,795 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Intapp during the 3rd quarter valued at $354,000. Finally, GSA Capital Partners LLP acquired a new stake in Intapp during the 3rd quarter valued at $481,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Intapp Price Performance

NASDAQ INTA opened at $61.11 on Friday. Intapp, Inc. has a 12 month low of $30.36 and a 12 month high of $77.74. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of -210.72 and a beta of 0.76. The company’s fifty day moving average price is $67.78 and its two-hundred day moving average price is $58.69.

Intapp (NASDAQ:INTA) last posted its quarterly earnings data on Tuesday, February 4th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.25). Intapp had a negative net margin of 4.78% and a negative return on equity of 1.86%. As a group, analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current year.

Insider Transactions at Intapp

In other news, insider Thad Jampol sold 20,000 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $67.97, for a total value of $1,359,400.00. Following the transaction, the insider now directly owns 798,222 shares in the company, valued at approximately $54,255,149.34. This trade represents a 2.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michele Murgel sold 4,632 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $64.54, for a total transaction of $298,949.28. Following the completion of the transaction, the insider now owns 213,794 shares in the company, valued at approximately $13,798,264.76. The trade was a 2.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 259,109 shares of company stock worth $17,479,381. 13.02% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on INTA. Barclays raised their price target on shares of Intapp from $63.00 to $68.00 and gave the company an “equal weight” rating in a report on Wednesday, February 5th. Citigroup reaffirmed a “neutral” rating and set a $78.00 price target (down from $87.00) on shares of Intapp in a report on Thursday, January 16th. JPMorgan Chase & Co. raised their price target on shares of Intapp from $58.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Piper Sandler reaffirmed an “overweight” rating and set a $71.00 price target (up from $60.00) on shares of Intapp in a report on Tuesday, February 4th. Finally, Raymond James reaffirmed a “market perform” rating on shares of Intapp in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.45.

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.