Intapp (NASDAQ:INTA) CEO Sells $80,894.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 2,200 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $36.77, for a total transaction of $80,894.00. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $213,810,490.16. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

INTA stock traded down $0.77 during midday trading on Friday, reaching $36.82. 42,812 shares of the company’s stock traded hands, compared to its average volume of 983,663. The firm has a market capitalization of $2.82 billion, a PE ratio of -71.11, a price-to-earnings-growth ratio of 13.98 and a beta of 0.34. The company has a 50-day moving average price of $37.78 and a two-hundred day moving average price of $28.85. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93.

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

Analyst Ratings Changes

A number of analysts recently weighed in on INTA shares. Barclays upped their target price on shares of Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Truist Financial boosted their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. UBS Group raised 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. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $37.86.

Institutional Trading of Intapp

Institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc increased its stake in Intapp by 109.5% during the third quarter. Versant Capital Management Inc now owns 1,823 shares of the company’s stock worth $66,000 after acquiring an additional 953 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Intapp during the second quarter worth about $55,000. Squarepoint Ops LLC acquired a new stake in shares of Intapp during the second quarter valued at about $1,065,000. Amundi raised its stake in shares of Intapp by 24.0% in the 2nd quarter. Amundi now owns 32,292 shares of the company’s stock valued at $814,000 after acquiring an additional 6,245 shares during the period. Finally, AXQ Capital LP acquired a new position in shares of Intapp in the 2nd quarter worth approximately $205,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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.