Bamco Inc. NY raised its holdings in Intapp, Inc. (NASDAQ:INTA – Free Report) by 15.5% in the fourth quarter, Holdings Channel reports. The fund owned 3,327,989 shares of the company’s stock after acquiring an additional 447,039 shares during the period. Bamco Inc. NY’s holdings in Intapp were worth $152,488,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Natixis Advisors LLC grew its stake in Intapp by 2.2% in the third quarter. Natixis Advisors LLC now owns 11,603 shares of the company’s stock valued at $475,000 after acquiring an additional 250 shares during the period. Diversified Trust Co. grew its stake in Intapp by 3.2% in the fourth quarter. Diversified Trust Co. now owns 8,653 shares of the company’s stock valued at $396,000 after acquiring an additional 269 shares during the period. Sowell Financial Services LLC grew its stake in Intapp by 4.9% in the fourth quarter. Sowell Financial Services LLC now owns 6,797 shares of the company’s stock valued at $311,000 after acquiring an additional 320 shares during the period. Caxton Associates LLP grew its stake in Intapp by 6.9% in the second quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock valued at $309,000 after acquiring an additional 388 shares during the period. Finally, Assetmark Inc. grew its stake in Intapp by 33.2% in the third quarter. Assetmark Inc. now owns 1,765 shares of the company’s stock valued at $72,000 after acquiring an additional 440 shares during the period. 89.96% of the stock is owned by institutional investors and hedge funds.
Intapp Stock Performance
INTA opened at $22.03 on Thursday. The firm has a market capitalization of $1.70 billion, a PE ratio of -47.89 and a beta of 0.49. The business’s 50-day simple moving average is $22.52 and its 200 day simple moving average is $29.79. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $54.50.
Wall Street Analysts Forecast Growth
INTA has been the subject of a number of research analyst reports. Piper Sandler decreased their target price on Intapp from $33.00 to $25.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. JPMorgan Chase & Co. reduced their price objective on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Stifel Nicolaus decreased their price objective on Intapp from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Citigroup lifted their target price on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen cut Intapp from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.
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