Dustin De Forest Sedgwick Sells 1,474 Shares of Intapp (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTAGet Free Report) CMO Dustin De Forest Sedgwick sold 1,474 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $41.21, for a total value of $60,743.54. Following the completion of the transaction, the chief marketing officer owned 22,112 shares of the company’s stock, valued at $911,235.52. The trade was a 6.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 $43.70 on Friday. The firm has a market cap of $3.34 billion, a P/E ratio of -84.04, a price-to-earnings-growth ratio of 15.60 and a beta of 0.42. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $47.93. The company has a 50 day simple moving average of $31.68 and a two-hundred day simple moving average of $26.32.

Intapp (NASDAQ:INTAGet Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $152.53 million for the quarter, compared to the consensus estimate of $149.75 million. During the same quarter in the previous year, the firm earned $0.27 earnings per share. The company’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, sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in INTA. BlackRock Inc. purchased a new position in Intapp during the second quarter worth $133,660,000. Bamco Inc. NY bought a new position in Intapp during the second quarter valued at $50,184,000. California State Teachers Retirement System raised its stake in shares of Intapp by 2,361.0% in the second quarter. California State Teachers Retirement System now owns 1,879,103 shares of the company’s stock valued at $47,372,000 after acquiring an additional 1,802,749 shares during the period. Wellington Management Group LLP raised its stake in shares of Intapp by 143.7% in the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after acquiring an additional 1,115,392 shares during the period. Finally, Barclays PLC lifted its holdings in shares of Intapp by 1,160.6% in the 4th quarter. Barclays PLC now owns 1,094,989 shares of the company’s stock worth $50,172,000 after acquiring an additional 1,008,128 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on INTA. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Truist Financial lifted their target price on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Zacks Research lowered Intapp from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Finally, Piper Sandler raised their price target on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intapp currently has an average rating of “Hold” and an average target price of $37.86.

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Intapp Company Profile

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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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