Insider Selling: Intapp (NASDAQ:INTA) CEO Sells 22,243 Shares of Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 22,243 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.76, for a total value of $906,624.68. Following the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $232,807,587.68. This trade represents a 0.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Intapp Stock Up 3.8%

Shares of INTA stock opened at $41.93 on Wednesday. Intapp, Inc. has a 12-month low of $35.51 and a 12-month high of $77.74. The firm has a fifty day moving average of $40.26 and a 200-day moving average of $45.24. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of -116.47, a P/E/G ratio of 67.92 and a beta of 0.70.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. Intapp had a negative return on equity of 1.58% and a negative net margin of 5.35%.The business had revenue of $139.03 million for the quarter, compared to the consensus estimate of $135.34 million. During the same quarter in the previous year, the business earned $0.21 earnings per share. Intapp’s quarterly revenue was up 17.0% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. On average, equities analysts expect that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp announced that its Board of Directors has authorized a stock repurchase program on Tuesday, August 12th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Institutional Trading of Intapp

Institutional investors have recently made changes to their positions in the business. REAP Financial Group LLC boosted its holdings in shares of Intapp by 218.5% during the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 330 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Intapp in the second quarter valued at about $31,000. Caitong International Asset Management Co. Ltd lifted its holdings in Intapp by 356.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after buying an additional 502 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Intapp in the 1st quarter worth approximately $36,000. Finally, Quarry LP increased its position in Intapp by 1,155.4% during the 1st quarter. Quarry LP now owns 703 shares of the company’s stock valued at $41,000 after buying an additional 647 shares in the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on INTA. JPMorgan Chase & Co. cut their price target on Intapp from $80.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Citigroup dropped their price objective on Intapp from $53.00 to $49.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intapp in a research note on Monday. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Finally, Piper Sandler set a $42.00 price target on Intapp and gave the company a “neutral” rating in a research report on Monday, October 20th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus price target of $54.86.

Intapp Company Profile

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.