Menu
Financial Planning & Management
  • Home
  • Financial Planning Services
  • Financial Wisdom
  • Stock Market Insights
  • Investment Strategies
Financial Planning & Management

BI Asset Management Fondsmaeglerselskab A S Acquires $86,000 Stake in Intapp, Inc. (NASDAQ:INTA)

Posted on July 14, 2024

Intapp, Inc. (NASDAQ:INTA) Stake Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S recently made a significant investment in Intapp, Inc. (NASDAQ:INTA), acquiring 2,496 shares valued at approximately $86,000 during the 1st quarter. This move comes as several other hedge funds and institutional investors have also shown interest in INTA. Trexquant Investment LP, Vanguard Group Inc., Wellington Management Group LLP, TD Asset Management Inc, and PNC Financial Services Group Inc. are among the notable investors who have bought shares of Intapp.

Analysts have been closely monitoring Intapp’s performance, with several providing price targets for the stock. Citigroup, Piper Sandler, BTIG Research, Barclays, and Stifel Nicolaus have all adjusted their price targets for INTA, with a consensus rating of “Moderate Buy” and an average price target of $45.88.

Despite the recent investments and analyst ratings, Intapp’s stock has been trading down by 0.8%. The company reported positive earnings results in May, beating the consensus estimate and posting revenue of $110.64 million for the quarter. Sell-side analysts forecast that Intapp will post -0.37 EPS for the current year.

In terms of insider transactions, Thad Jampol and COO Donald F. Coleman have recently sold shares of Intapp, with Jampol selling 15,000 shares and Coleman selling 5,000 shares. Insiders have collectively sold 64,224 shares of company stock in the last ninety days, representing 36.56% of the company’s stock.

Intapp, Inc. provides industry-specific cloud-based software solutions for the professional and financial services industry. Its solutions include DealCloud, collaboration and content solutions, risk and compliance management solutions, and operational and financial management solutions.

Overall, Intapp’s recent investments, analyst ratings, stock performance, earnings results, and insider transactions provide valuable insights into the company’s current standing in the market. Investors and analysts will continue to closely monitor Intapp’s progress in the coming months.

Recent Posts

  • Expanded Relationship between SEI and Canoe Intelligence Empowers Future of Alternative Data Management
  • More than 20% of UK adults refuse to seek financial advice, even when it’s offered for free
  • Toronto Dominion Bank Sells Shares of Rexford Industrial Realty, Inc. (NYSE:REXR)
  • Investing.com downgrades Mengniu Dairy stock due to increasing costs and sluggish demand
  • Opportunities for Wealth Management on the Rise in the GCC

Categories

  • Asset Management Solutions
  • Financial Planning Services
  • Financial Wisdom
  • Investment Strategies
  • Stock Market Insights
©2025 Financial Planning & Management | Powered by SuperbThemes