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

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $40.00, for a total transaction of $120,000.00. Following the completion of the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $232,592,320. This trade represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

Shares of INTA opened at $43.63 on Friday. Intapp, Inc. has a 1-year low of $19.01 and a 1-year high of $47.93. The company has a market capitalization of $3.35 billion, a P/E ratio of -83.90, a P/E/G ratio of 15.27 and a beta of 0.34. The firm’s 50 day simple moving average is $39.09 and its 200 day simple moving average is $29.82.

Intapp (NASDAQ:INTA) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $152.53 million during the quarter, compared to analysts’ expectations of $149.75 million. During the same quarter in the previous year, the company earned $0.27 EPS. The business’s quarterly revenue 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. On average, equities analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

INTA has been the subject of a number of research analyst reports. Truist Financial lifted their price objective on shares of Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. UBS Group increased their target price on Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, September 21st. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research report on Wednesday, September 2nd. Finally, Barclays lifted their price target on Intapp from $29.00 to $38.00 and gave the stock an “underweight” rating in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Intapp presently has an average rating of “Hold” and an average target price of $39.14.

Institutional Trading of Intapp

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GK Wealth Management LLC purchased a new stake in Intapp in the third quarter worth approximately $41,000. Allworth Financial LP bought a new position in Intapp during the second quarter valued at approximately $33,000. Harbor Investment Advisory LLC purchased a new position in shares of Intapp during the second quarter worth approximately $36,000. Optiver Holding B.V. raised its stake in shares of Intapp by 2,232.1% during the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after acquiring an additional 1,741 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of 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 in the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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.