Intapp (NASDAQ:INTA) Director Sells $104,960.00 in Stock

Intapp, Inc. (NASDAQ:INTAGet Free Report) Director George Neble sold 2,624 shares of Intapp stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $40.00, for a total transaction of $104,960.00. Following the transaction, the director directly owned 30,465 shares of the company’s stock, valued at $1,218,600. The trade was a 7.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Trading Up 2.9%

INTA traded up $1.18 during midday trading on Friday, hitting $41.35. 824,004 shares of the company traded hands, compared to its average volume of 1,062,321. The business has a 50 day simple moving average of $29.82 and a two-hundred day simple moving average of $25.82. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of -79.52, a PEG ratio of 15.48 and a beta of 0.42.

Intapp (NASDAQ:INTAGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The firm had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. During the same period in the prior year, the business earned $0.27 EPS. The firm’s revenue was up 13.0% compared to the same quarter last year. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Equities research analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on INTA shares. Barclays lifted their target price on shares of Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 5th. Truist Financial lifted their price target on shares of Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Citigroup upped their price target on Intapp from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. Finally, Piper Sandler lifted their target price on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Intapp currently has a consensus rating of “Hold” and a consensus target price of $37.86.

Check Out Our Latest Stock Analysis on Intapp

Hedge Funds Weigh In On Intapp

Several large investors have recently modified their holdings of INTA. Strive Financial Group LLC acquired a new position in Intapp during the fourth quarter valued at $28,000. Allworth Financial LP purchased a new stake in shares of Intapp during the second quarter worth about $33,000. Harbor Investment Advisory LLC acquired a new position in shares of Intapp in the 2nd quarter worth approximately $36,000. First Horizon Corp bought a new stake in shares of Intapp during the 4th quarter worth $44,000. Finally, Optiver Holding B.V. increased its stake in shares of Intapp by 2,232.1% in the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after acquiring an additional 1,741 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

Intapp Company Profile

(Get Free Report)

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.

Recommended Stories

Insider Buying and Selling by Quarter for Intapp (NASDAQ:INTA)

Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.com's FREE daily email newsletter.