Insider Selling: Intapp (NASDAQ:INTA) CEO Sells $120,000.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the stock in a transaction on Monday, October 12th. The shares were sold at an average price of $40.00, for a total value of $120,000.00. Following the completion of the transaction, the chief executive officer owned 5,814,808 shares of the company’s stock, valued at $232,592,320. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

INTA traded up $0.01 during trading on Friday, reaching $43.64. The company had a trading volume of 966,539 shares, compared to its average volume of 555,179. The firm’s 50-day simple moving average is $39.21 and its 200 day simple moving average is $29.92. The company has a market cap of $3.35 billion, a price-to-earnings ratio of -83.92, a PEG ratio of 16.85 and a beta of 0.34. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $47.93.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on INTA. Piper Sandler upped their price target on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Barclays lifted their price objective on shares of Intapp from $29.00 to $38.00 and gave the stock an “underweight” rating in a research report on Monday. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, UBS Group boosted their target price on shares of Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, September 21st. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $39.14.

Institutional Investors Weigh In On Intapp

A number of institutional investors have recently bought and sold shares of the business. Allworth Financial LP purchased a new position in Intapp during the 2nd quarter valued at about $33,000. Harbor Investment Advisory LLC acquired a new position in shares of Intapp in the 2nd quarter valued at about $36,000. GK Wealth Management LLC acquired a new position in shares of Intapp in the 3rd quarter valued at about $41,000. Optiver Holding B.V. lifted its position 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 purchasing an additional 1,741 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Intapp in the second quarter worth approximately $55,000. 89.96% of the stock is currently owned by institutional investors and hedge funds.

About Intapp

Intapp, Inc develops cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client and relationship data, workflows, compliance requirements, collaboration, billing, and other operational processes across the client lifecycle.

The company’s product portfolio includes solutions for deal and relationship management, professional-services time and billing, conflicts management, compliance, document management, and engagement workflows.