SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 2.6% Passive Stake in Intapp Inc.
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a passive beneficial ownership of 2.6% of Intapp Inc.'s common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 1,982,805.29 shares of Intapp Inc. common stock.
- This aggregate amount represents 2.6% of Intapp Inc.'s total outstanding common stock.
- The filing is an Amendment No. 3 to a Schedule 13G, indicating a passive investment position under Rule 13d-1(b).
- FMR LLC holds sole voting power over 1,981,639 shares and sole dispositive power over 1,982,805.29 shares.
- Abigail P. Johnson holds sole dispositive power over 1,982,805.29 shares, with no sole or shared voting power.
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Intapp Inc.
Sentiment
Score: 5
Explanation: Neutral. This is a routine beneficial ownership disclosure (Schedule 13G) and does not contain information that would typically indicate positive or negative sentiment regarding the issuer's performance or prospects. It simply reports a passive investment stake.
Future Outlook
NA
Industry Context
This filing reflects a routine disclosure by a major institutional investor, FMR LLC (Fidelity), and its principal, Abigail P. Johnson, regarding their passive stake in Intapp Inc. Such filings are common for large asset managers who hold positions below the 5% threshold for active reporting (13D) and indicate a standard investment in the technology or software sector, where Intapp Inc operates.
Stakeholder Impact
- This filing primarily impacts shareholders by providing transparency on significant institutional ownership, confirming a passive investment approach by FMR LLC and Abigail P. Johnson, which generally signals confidence in the company without intent to influence management or strategy.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-02-11 | Date of signing and filing of the Schedule 13G Amendment No. 3. |
Keywords
Intapp Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing
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