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 company’s stock in a transaction on 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

Shares of NASDAQ INTA opened at $45.33 on Thursday. The firm has a market capitalization of $3.48 billion, a PE ratio of -87.17, a P/E/G ratio of 17.29 and a beta of 0.34. Intapp, Inc. has a 1-year low of $19.01 and a 1-year high of $47.93. The business’s fifty day moving average price is $39.54 and its two-hundred day moving average price is $30.37.

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

Analyst Upgrades and Downgrades

Several research firms have commented on INTA. UBS Group upped their target price on shares of Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Wednesday, September 2nd. Barclays lifted their price target on Intapp from $29.00 to $38.00 and gave the company an “underweight” rating in a report on Monday, October 12th. Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Finally, Truist Financial boosted their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $39.14.

Institutional Investors Weigh In On Intapp

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. TimesSquare Capital Management LLC acquired a new position in shares of Intapp during the second quarter valued at approximately $12,650,000. Bank of America Corp DE bought a new stake in Intapp during the second quarter worth approximately $12,344,000. Alamar Capital Management LLC acquired a new stake in Intapp in the second quarter worth approximately $2,040,000. AMS Capital Ltda lifted its position in Intapp by 83.6% in the first quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after purchasing an additional 147,567 shares during the period. Finally, Praesidium Investment Management Company LLC acquired a new stake in Intapp in the second quarter worth approximately $19,761,311. 89.96% of the stock is currently owned by institutional investors.

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.