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The Potential Rise in the Price of Intapp Inc (INTA) following insiders activity

Intapp Inc’s filing revealed that its Chief Executive Officer HALL JOHN T unloaded Company’s shares for reported $4.89 million on Dec 16 ’24. In the deal valued at $68.83 per share,70,986 shares were sold. As a result of this transaction, HALL JOHN T now holds 5,026,096 shares worth roughly $326.8 million.

Then, Harrison David Benjamin sold 22,373 shares, generating $1,540,880 in total proceeds. Upon selling the shares at $68.87, the President, Industries now owns 0 shares.

Before that, JOHN T HALL bought 126,986 shares. Intapp Inc shares valued at $8,715,049 were divested by the Director at a price of $68.63 per share.

Barclays downgraded its Intapp Inc [INTA] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in early July from “an Outperform” to “a Perform”. Citigroup began covering INTA with “Buy” recommendation on January 23, 2024. UBS started covering the stock on November 07, 2023. It rated INTA as “a Buy”.

Price Performance Review of INTA

On Monday, Intapp Inc [NASDAQ:INTA] saw its stock fall -1.26% to $65.02. Over the last five days, the stock has lost -0.26%. Intapp Inc shares have risen nearly 71.02% since the year began. Nevertheless, the stocks have risen 67.62% over the past one year. While a 52-week high of $71.34 was reached on 12/12/24, a 52-week low of $30.36 was recorded on 04/22/24. SMA at 50 days reached $59.74, while 200 days put it at $43.36.

Levels Of Support And Resistance For INTA Stock

The 24-hour chart illustrates a support level at 63.90, which if violated will result in even more drops to 62.79. On the upside, there is a resistance level at 66.07. A further resistance level may holdings at 67.11. The Relative Strength Index (RSI) on the 14-day chart is 53.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.79%. Stochastics %K at 38.64% indicates the stock is a holding.

How much short interest is there in Intapp Inc?

A steep rise in short interest was recorded in Intapp Inc stocks on 2024-12-13, growing by 62121.0 shares to a total of 2.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.9 million shares. There was a rise of 2.1%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 06, 2023 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $43 price target.

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