Insider Selling: Intapp (NASDAQ:INTA) CEO Sells $280,185.40 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 6,703 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $41.80, for a total transaction of $280,185.40. Following the sale, the chief executive officer owned 5,618,290 shares in the company, valued at $234,844,522. The trade was a 0.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Intapp Stock Up 5.3%

Shares of Intapp stock opened at $47.42 on Thursday. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of -197.58, a PEG ratio of 19.19 and a beta of 0.73. Intapp, Inc. has a 12-month low of $35.51 and a 12-month high of $77.74. The firm’s 50-day moving average price is $44.23 and its two-hundred day moving average price is $53.55.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The business’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. On average, sell-side analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current year.

Intapp announced that its board has authorized a share repurchase plan on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms have recently weighed in on INTA. Stifel Nicolaus reduced their price target on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, July 8th. Wall Street Zen downgraded shares of Intapp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 21st. UBS Group reduced their price target on shares of Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. Piper Sandler upgraded shares of Intapp to a “neutral” rating and set a $55.00 price target on the stock in a research note on Tuesday, June 24th. Finally, Barclays raised their price target on shares of Intapp from $44.00 to $47.00 and gave the company an “underweight” rating in a research note on Wednesday, August 13th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Intapp currently has an average rating of “Hold” and an average price target of $60.63.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in INTA. Westfield Capital Management Co. LP bought a new position in Intapp in the 2nd quarter valued at approximately $38,657,000. Norges Bank bought a new position in Intapp in the 2nd quarter valued at approximately $35,081,000. Nuveen LLC bought a new position in Intapp in the 1st quarter valued at approximately $35,117,000. Lord Abbett & CO. LLC bought a new position in Intapp in the 4th quarter valued at approximately $30,563,000. Finally, Vanguard Group Inc. raised its holdings in Intapp by 4.5% in the 1st quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company’s stock valued at $388,352,000 after buying an additional 283,923 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

About Intapp

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.