Intapp, Inc. (NASDAQ:INTA) Sees Significant Growth in Position by TD Asset Management Inc

TD Asset Management Inc Increases Stake in Intapp, Inc. (NASDAQ:INTA)

In a recent filing with the SEC, TD Asset Management Inc revealed a significant increase in its position in Intapp, Inc. (NASDAQ:INTA). The fund now owns 45,090 shares of the company’s stock, representing a 498.3% growth in its holdings during the fourth quarter. This move has brought the total value of TD Asset Management Inc’s stake in Intapp to $1,714,000.

Other hedge funds have also made notable changes to their positions in Intapp. Trexquant Investment LP acquired a new stake in the company, while Wellington Management Group LLP, Vanguard Group Inc., Charles Schwab Investment Management Inc., and Scout Investments Inc. all increased their holdings in Intapp.

Analysts have set new price targets for Intapp, with several research firms issuing reports on the stock. Despite some price target reductions, the consensus rating for Intapp remains “Buy,” with an average target price of $46.13.

In terms of insider activity, Michele Murgel and Director George R. Neble have recently sold shares of Intapp stock. These transactions were disclosed in filings with the SEC, with Murgel selling 4,224 shares and Neble selling 1,500 shares.

Despite these developments, Intapp stock experienced a slight decline of 0.9% on Friday, opening at $34.75. The company recently reported earnings results that exceeded expectations, with analysts anticipating a positive EPS for the current year.

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

Overall, the news surrounding Intapp, Inc. reflects a mix of investor activity, analyst sentiment, and company performance, making it a stock to watch in the coming days.