Intapp (NASDAQ:INTA) Insider Michele Murgel Sells 14,591 Shares of Stock

Intapp, Inc. (NASDAQ:INTAGet Free Report) insider Michele Murgel sold 14,591 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the sale, the insider owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. The trade was a 5.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Up 2.1%

NASDAQ INTA opened at $25.21 on Wednesday. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $51.61. The company has a market capitalization of $1.94 billion, a P/E ratio of -54.80 and a beta of 0.49. The stock’s 50-day moving average price is $22.66 and its 200-day moving average price is $28.50.

Intapp (NASDAQ:INTAGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The company had revenue of $146.04 million during the quarter, compared to the consensus estimate of $144.32 million. During the same period in the previous year, the company posted $0.26 EPS. The firm’s revenue was up 13.1% on a year-over-year basis. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. Research analysts anticipate that Intapp, Inc. will post -0.05 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on INTA. Citigroup raised their price objective on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Barclays upped their target price on shares of Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Zacks Research cut Intapp from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. Finally, Wall Street Zen raised Intapp from a “hold” rating to a “buy” rating in a research note on Sunday, June 21st. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $34.57.

Check Out Our Latest Research Report on INTA

Hedge Funds Weigh In On Intapp

Several institutional investors have recently bought and sold shares of INTA. AMS Capital Ltda boosted its holdings in shares of Intapp by 83.6% during the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock valued at $8,328,000 after purchasing an additional 147,567 shares during the last quarter. Optiver Holding B.V. increased its holdings in shares of Intapp by 2,232.1% in 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. Bank of America Corp DE lifted its position in shares of Intapp by 2.3% in the first quarter. Bank of America Corp DE now owns 595,750 shares of the company’s stock worth $15,305,000 after buying an additional 13,179 shares in the last quarter. Amundi boosted its stake in Intapp by 14.5% during the first quarter. Amundi now owns 26,047 shares of the company’s stock valued at $669,000 after buying an additional 3,305 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in Intapp by 41.7% during the first quarter. California State Teachers Retirement System now owns 76,354 shares of the company’s stock valued at $1,962,000 after buying an additional 22,478 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

About Intapp

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Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.

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Insider Buying and Selling by Quarter for Intapp (NASDAQ:INTA)

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