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, September 21st. The shares were sold at an average price of $36.74, for a total transaction of $110,220.00. Following the sale, the chief executive officer directly owned 5,814,808 shares of the company’s stock, valued at $213,636,045.92. This represents a 0.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

Shares of NASDAQ INTA opened at $36.83 on Friday. The company’s 50 day moving average price is $36.94 and its 200-day moving average price is $28.48. 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 $2.82 billion, a P/E ratio of -70.83, a price-to-earnings-growth ratio of 13.93 and a beta of 0.45.

Intapp (NASDAQ:INTA) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $149.75 million. During the same period in the prior year, the company posted $0.27 earnings per share. Intapp’s revenue for the quarter 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. Analysts forecast that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTA has been the topic of a number of recent analyst reports. Truist Financial boosted their price objective on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Barclays boosted their price target on Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Piper Sandler raised their price objective on shares of Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Finally, Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $37.86.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in Intapp in the second quarter valued at approximately $55,000. Squarepoint Ops LLC acquired a new position in shares of Intapp during the second quarter worth approximately $1,065,000. Amundi lifted its holdings in shares of Intapp by 24.0% in the 2nd quarter. Amundi now owns 32,292 shares of the company’s stock worth $814,000 after purchasing an additional 6,245 shares in the last quarter. AXQ Capital LP bought a new position in shares of Intapp in the 2nd quarter worth $205,000. Finally, Thrive Wealth Management LLC acquired a new stake in Intapp in the 2nd quarter valued at $243,000. Institutional investors own 89.96% of the company’s stock.

Intapp Company Profile

Intapp, Inc provides cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client relationships, business development, collaboration, time and expense tracking, billing, compliance, conflicts of interest, and other operational workflows.

The company’s products include DealCloud, a relationship intelligence and deal management platform for private capital markets and investment banking firms; Intapp Documents, which supports document and collaboration workflows; Intapp Time and Intapp Bill, which address time capture and billing processes; and solutions for managing conflicts, engagements, terms, and information barriers.