Intapp (NASDAQ:INTA) CEO John Hall Sells 65,802 Shares

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 65,802 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $41.20, for a total transaction of $2,711,042.40. Following the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $239,570,089.60. This trade represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Trading Down 0.8%

Intapp stock opened at $40.40 on Thursday. Intapp, Inc. has a 1-year low of $19.01 and a 1-year high of $47.93. The firm’s fifty day simple moving average is $31.25 and its 200-day simple moving average is $26.18. The company has a market capitalization of $3.09 billion, a P/E ratio of -77.69, a P/E/G ratio of 15.72 and a beta of 0.42.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. Intapp’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior 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, equities research analysts predict that Intapp, Inc. will post 0.07 earnings per share for the current year.

Hedge Funds Weigh In On Intapp

Several large investors have recently made changes to their positions in INTA. Amundi grew its holdings in Intapp by 24.0% in the 2nd quarter. Amundi now owns 32,292 shares of the company’s stock valued at $814,000 after buying an additional 6,245 shares during the last quarter. California State Teachers Retirement System grew its stake in shares of Intapp by 2,361.0% in the second quarter. California State Teachers Retirement System now owns 1,879,103 shares of the company’s stock worth $47,372,000 after acquiring an additional 1,802,749 shares during the last quarter. AXQ Capital LP bought a new position in Intapp during the second quarter worth $205,000. Thrive Wealth Management LLC bought a new position in Intapp during the second quarter worth $243,000. Finally, Hsbc Holdings PLC acquired a new position in Intapp during the 2nd quarter valued at $287,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on INTA shares. Wall Street Zen raised Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Barclays upped their target price on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Citigroup increased their price target on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $37.86.

Intapp Company Profile

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.