Intapp (NASDAQ:INTA) CEO Sells $133,050.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the business’s stock in a transaction dated Monday, October 19th. The stock was sold at an average price of $44.35, for a total value of $133,050.00. Following the transaction, the chief executive officer directly owned 5,814,808 shares of the company’s stock, valued at approximately $257,886,734.80. The trade was a 0.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Trading Up 1.7%

INTA stock opened at $47.99 on Friday. The stock has a market capitalization of $3.68 billion, a P/E ratio of -92.29, a price-to-earnings-growth ratio of 18.22 and a beta of 0.34. Intapp, Inc. has a 12 month low of $19.01 and a 12 month high of $48.19. The firm has a 50-day moving average price of $39.82 and a 200-day moving average price of $30.64.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The company had revenue of $152.53 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS. 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, equities analysts predict that Intapp, Inc. will post 0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

INTA has been the topic of a number of research reports. UBS Group boosted their target price on shares of Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a research note on Monday, September 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a report on Wednesday, September 2nd. Piper Sandler increased their price target on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $39.14.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in INTA. BlackRock Inc. acquired a new stake in Intapp in the second quarter valued at $133,660,000. Wellington Management Group LLP lifted its holdings in Intapp by 5.8% during the 2nd quarter. Wellington Management Group LLP now owns 2,046,759 shares of the company’s stock worth $51,599,000 after buying an additional 112,735 shares during the period. Jennison Associates LLC lifted its holdings in Intapp by 9.7% during the 1st quarter. Jennison Associates LLC now owns 2,008,826 shares of the company’s stock worth $51,607,000 after buying an additional 177,201 shares during the period. Bamco Inc. NY acquired a new position in Intapp during the 2nd quarter worth about $50,184,000. Finally, Praesidium Investment Management Company LLC bought a new stake in shares of Intapp in the 2nd quarter valued at about $19,761,311. Institutional investors own 89.96% of the company’s stock.

About Intapp

Intapp, Inc develops cloud-based software for professional and financial services firms. Its platform is designed to help organizations manage client and relationship data, business development, risk and compliance processes, collaboration, time tracking, billing, and operational workflows.

The company’s product portfolio includes solutions for relationship management and deal management, professional-services time and billing, conflicts and compliance, document and information management, secure collaboration, and workflow automation.