Jackson Creek Investment Advisors LLC Buys Shares of 25,620 Intapp, Inc. (NASDAQ:INTA)

Jackson Creek Investment Advisors LLC acquired a new position in shares of 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 25,620 shares of the company’s stock, valued at approximately $974,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Robeco Institutional Asset Management B.V. bought a new position in Intapp in the 3rd quarter valued at about $52,000. Allspring Global Investments Holdings LLC grew its stake in shares of Intapp by 152.0% during the third 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 during the last quarter. PNC Financial Services Group Inc. raised its position in 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 purchasing an additional 2,442 shares during the last quarter. Amalgamated Bank increased its position in shares of Intapp by 30.5% during the third quarter. Amalgamated Bank now owns 3,033 shares of the company’s stock worth $102,000 after buying an additional 708 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Intapp by 90.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,321 shares of the company’s stock worth $145,000 after buying an additional 2,052 shares during the period. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Intapp Stock Down 3.0 %

Shares of Intapp stock traded down $0.95 during mid-day trading on Tuesday, hitting $30.92. The stock had a trading volume of 362,470 shares, compared to its average volume of 596,702. The firm has a 50-day moving average of $34.37 and a two-hundred day moving average of $37.29. Intapp, Inc. has a 12-month low of $30.36 and a 12-month high of $50.46. The firm has a market cap of $2.26 billion, a P/E ratio of -38.48 and a beta of 0.51.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, February 6th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping 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 company had revenue of $103.93 million for the quarter, compared to analyst estimates of $103.17 million. Sell-side analysts expect that Intapp, Inc. will post -0.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTA has been the topic of a number of recent research reports. Citigroup dropped their price objective on shares of Intapp from $57.00 to $52.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Truist Financial upped their price target on Intapp from $46.00 to $47.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Barclays cut their target price on Intapp from $47.00 to $42.00 and set an “overweight” rating for the company in a research note on Thursday, April 11th. Stifel Nicolaus cut their price target on shares of Intapp from $47.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, April 24th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $52.00 price objective on shares of Intapp in a report on Monday, February 26th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, Intapp presently has a consensus rating of “Buy” and an average target price of $48.44.

Insider Activity

In other news, Director George R. Neble sold 1,500 shares of the business’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 approximately $911,494.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Intapp news, Director George R. Neble sold 1,500 shares of Intapp stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $31.38, for a total value of $47,070.00. Following the transaction, the director now owns 29,047 shares in the company, valued at $911,494.86. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Thad Jampol sold 10,000 shares of the stock in a transaction on Monday, April 8th. The stock was sold at an average price of $31.87, for a total value of $318,700.00. Following the sale, the insider now owns 727,759 shares of the company’s stock, valued at $23,193,679.33. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,115,704 shares of company stock valued at $258,482,725. Company insiders own 36.56% of the company’s stock.

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.