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

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $40.00, for a total transaction of $120,000.00. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at $232,592,320. This represents a 0.05% decrease in their ownership of the stock. The sale was disclosed in a 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 Price Performance

Shares of Intapp stock opened at $39.55 on Thursday. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $47.93. The firm has a market cap of $3.03 billion, a PE ratio of -76.06, a PEG ratio of 15.31 and a beta of 0.34. The company has a 50 day simple moving average of $38.95 and a two-hundred day simple moving average of $29.69.

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. The business 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 business’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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, research analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on INTA. Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. UBS Group raised their price target on Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, September 21st. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Truist Financial lifted their price target on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Intapp presently has a consensus 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 INTA. GK Wealth Management LLC bought a new position in Intapp during the third quarter valued at approximately $41,000. Allworth Financial LP purchased a new position in shares of Intapp during the second quarter worth 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. lifted its holdings in shares of Intapp by 2,232.1% in the 1st 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 during the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of 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 during 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.