Intapp (NASDAQ:INTA) Stock: Insider John Hall Sells 3,000 Shares

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $36.50, for a total transaction of $109,500.00. Following the completion of the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $212,240,492. This trade represents a 0.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Trading Up 1.5%

NASDAQ INTA traded up $0.57 on Wednesday, hitting $37.60. 826,018 shares of the company’s stock traded hands, compared to its average volume of 979,372. The firm’s 50-day moving average price is $38.24 and its two-hundred day moving average price is $29.10. The firm has a market capitalization of $2.88 billion, a PE ratio of -72.31, a P/E/G ratio of 14.43 and a beta of 0.34. Intapp, Inc. has a 1-year low of $19.01 and a 1-year high of $47.93.

Intapp (NASDAQ:INTA) last issued its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $152.53 million during the quarter, compared to analysts’ expectations of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the company posted $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. On average, research analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Barclays upped their price objective on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Piper Sandler lifted their target price on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Finally, Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $37.86.

Institutional Trading of Intapp

Several institutional investors have recently bought and sold shares of the business. Allworth Financial LP purchased a new stake in shares of Intapp in the second quarter valued at approximately $33,000. Harbor Investment Advisory LLC purchased a new position in shares of Intapp during the 2nd quarter valued at approximately $36,000. Optiver Holding B.V. grew its stake in Intapp by 2,232.1% in the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after acquiring an additional 1,741 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Intapp in the 2nd quarter worth $55,000. Finally, Versant Capital Management Inc increased its holdings in Intapp by 109.5% in the 3rd quarter. Versant Capital Management Inc now owns 1,823 shares of the company’s stock worth $66,000 after acquiring an additional 953 shares in the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

Intapp Company Profile

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.