Intapp, Inc. (NASDAQ:INTA – Get Rating) insider Michele Murgel sold 568 shares of Intapp stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $22.08, for a total value of $12,541.44. Following the sale, the insider now directly owns 92,632 shares of the company’s stock, valued at approximately $2,045,314.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, May 23rd, Michele Murgel sold 875 shares of Intapp stock. The stock was sold at an average price of $22.09, for a total value of $19,328.75.

Shares of NASDAQ INTA traded down $1.64 during midday trading on Tuesday, reaching $20.41. The company had a trading volume of 96,382 shares, compared to its average volume of 156,791. Intapp, Inc. has a one year low of $17.07 and a one year high of $40.91. The firm’s fifty day moving average price is $23.65 and its 200-day moving average price is $23.72. The stock has a market cap of $1.27 billion and a PE ratio of -10.36.

Intapp (NASDAQ:INTA – Get Rating) last released its earnings results on Wednesday, May 11th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.36. Intapp had a negative return on equity of 47.43% and a negative net margin of 36.46%. As a group, research analysts anticipate that Intapp, Inc. will post -1.5 earnings per share for the current fiscal year.

INTA has been the subject of several research analyst reports. Raymond James dropped their price target on Intapp from $32.00 to $26.00 in a research note on Thursday, May 12th. JPMorgan Chase & Co. dropped their price target on Intapp from $50.00 to $42.00 in a research note on Thursday, February 10th. Credit Suisse Group dropped their price target on Intapp from $35.00 to $27.00 in a research note on Thursday, May 12th. Finally, Zacks Investment Research raised Intapp from a “sell” rating to a “hold” rating in a research note on Tuesday, May 17th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $36.00.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTA. BlackRock Inc. bought a new position in Intapp during the 3rd quarter valued at approximately $14,401,000. Vanguard Group Inc. raised its position in Intapp by 49.1% during the 1st quarter. Vanguard Group Inc. now owns 1,403,517 shares of the company’s stock valued at $33,698,000 after purchasing an additional 462,248 shares during the last quarter. United Capital Financial Advisers LLC bought a new position in Intapp during the 1st quarter valued at approximately $6,428,000. Summit Partners Public Asset Management LLC bought a new position in Intapp during the 4th quarter valued at approximately $3,814,000. Finally, Geode Capital Management LLC raised its position in Intapp by 365.2% during the 3rd quarter. Geode Capital Management LLC now owns 193,050 shares of the company’s stock valued at $4,972,000 after purchasing an additional 151,550 shares during the last quarter. 81.96% of the stock is owned by institutional investors and hedge funds.

About Intapp (Get Rating)

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; and OnePlace, a solution to manage various aspects of professional services firms’ client and engagement lifecycle.

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