Stifel Nicolaus analyst J. Parker Lane maintained a Buy rating on Intapp (INTA – Research Report) today and set a price target of $47.00. The company’s shares closed yesterday at $41.21.
Parker Lane covers the Technology sector, focusing on stocks such as Intapp, Salesforce, and Sprout Social. According to TipRanks, Parker Lane has an average return of -2.1% and a 44.95% success rate on recommended stocks.
Currently, the analyst consensus on Intapp is a Strong Buy with an average price target of $49.88, which is a 21.04% upside from current levels. In a report released yesterday, Barclays also assigned a Buy rating to the stock with a $47.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
INTA market cap is currently $2.92B and has a P/E ratio of -51.07.
Based on the recent corporate insider activity of 172 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INTA in relation to earlier this year. Most recently, in December 2023, Michele Murgel, the Chief People & Places Officer of INTA bought 20,000.00 shares for a total of $149,000.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Intapp (INTA) Company Description:
Intapp Inc is a provider of industry-specific, cloud-based software solutions for the professional and financial services industry. It empowers private capital, investment banking, legal, accounting, and consulting firms with the technology they need to meet rapidly changing client, investor, and regulatory requirements.
Read More on INTA:
- Intapp announces vertical AI capabilities designed to significantly enhance productivity for professionals
- Intapp Announces Plan to Acquire AI Software Company delphai
- Intapp to hold investor day
- Intapp price target raised to $47 from $44 at Barclays
- Intapp price target raised to $52 from $46 at Piper Sandler
