Intapp (NASDAQ:INTA) Stock: Insider Thad Jampol Sells 4,800 Shares

Intapp, Inc. (NASDAQ:INTA) insider Thad Jampol sold 4,800 shares of Intapp stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $40.39, for a total value of $193,872.00. Following the sale, the insider directly owned 928,585 shares of the company’s stock, valued at $37,505,548.15. This represents a 0.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Thad Jampol also recently made the following trade(s):

• On Monday, October 12th, Thad Jampol sold 200 shares of Intapp stock. The shares were sold at an average price of $40.01, for a total transaction of $8,002.00.

Intapp Stock Performance

INTA stock opened at $43.63 on Friday. 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 $3.35 billion, a PE ratio of -83.90, a price-to-earnings-growth ratio of 15.27 and a beta of 0.34. The company’s 50-day simple moving average is $39.09 and its 200 day simple moving average is $29.82.

Intapp (NASDAQ:INTA) last issued 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. 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 revenue was up 13.0% on a year-over-year basis. 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. On average, analysts forecast that Intapp, Inc. will post 0.07 EPS for the current year.

Hedge Funds Weigh In On Intapp

Hedge funds and other institutional investors have recently made changes to their positions in the company. Allworth Financial LP bought a new position in Intapp in the second quarter valued at approximately $33,000. Harbor Investment Advisory LLC acquired a new position in Intapp during the second quarter valued at approximately $36,000. GK Wealth Management LLC bought a new stake in Intapp during the third quarter worth $41,000. Optiver Holding B.V. lifted its stake in 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 purchasing an additional 1,741 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Intapp during the second quarter worth $55,000. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTA has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Barclays increased their price target on Intapp from $29.00 to $38.00 and gave the stock an “underweight” rating in a research report on Monday. Piper Sandler increased their price target on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Truist Financial raised their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Wednesday, September 2nd. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $39.14.

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.