Intapp, Inc. (NASDAQ:INTA) Insider Michele Murgel Sells 4,224 Shares

Intapp, Inc. (NASDAQ:INTA) insider Michele Murgel sold 4,224 shares of Intapp stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $36.88, for a total value of $155,781.12. Following the completion of the transaction, the insider now directly owns 171,947 shares of the company’s stock, valued at $6,341,405.36. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Michele Murgel also recently made the following trade(s):

• On Wednesday, February 21st, Michele Murgel sold 4,860 shares of Intapp stock. The stock was sold at an average price of $40.27, for a total value of $195,712.20.

Intapp Trading Down 2.4 %

INTA stock opened at $37.33 on Thursday. Intapp, Inc. has a 52-week low of $30.36 and a 52-week high of $50.46. The business has a 50-day simple moving average of $33.45 and a two-hundred day simple moving average of $37.32.

Hedge Funds Weigh In On Intapp

Hedge funds have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. boosted its stake in Intapp by 239.1% during the 1st quarter. Advisors Asset Management Inc. now owns 824 shares of the company’s stock valued at $28,000 after purchasing an additional 581 shares during the last quarter. Comerica Bank lifted its position in shares of Intapp by 218.4% during the 1st quarter. Comerica Bank now owns 1,261 shares of the company’s stock worth $43,000 after buying an additional 865 shares in the last quarter. Assetmark Inc. lifted its position in shares of Intapp by 164.6% during the 4th quarter. Assetmark Inc. now owns 1,310 shares of the company’s stock worth $50,000 after buying an additional 815 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Intapp by 152.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,998 shares of the company’s stock worth $67,000 after buying an additional 1,205 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Intapp by 81,400.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,445 shares of the company’s stock worth $82,000 after buying an additional 2,442 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Stifel Nicolaus lowered their price objective on Intapp from $47.00 to $45.00 and set a “buy” rating for the company in a research report on Wednesday, April 24th. BTIG Research reduced their target price on Intapp from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, May 8th. Oppenheimer reduced 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. Piper Sandler reduced their target price on Intapp from $52.00 to $46.00 and set an “overweight” rating for the company in a research note on Friday, May 10th. Finally, Citigroup reduced their target price on Intapp from $57.00 to $52.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $46.13.

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.