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

Intapp, Inc. (NASDAQ:INTAGet Free Report) CEO John Hall sold 3,000 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $37.93, for a total transaction of $113,790.00. Following the transaction, the chief executive officer owned 5,814,808 shares of the company’s stock, valued at approximately $220,555,667.44. The trade was a 0.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Down 1.3%

INTA opened at $37.00 on Thursday. Intapp, Inc. has a twelve month low of $19.01 and a twelve month high of $47.93. The company’s 50-day moving average price is $35.96 and its two-hundred day moving average price is $28.04. The stock has a market cap of $2.83 billion, a price-to-earnings ratio of -71.15, a PEG ratio of 14.47 and a beta of 0.45.

Intapp (NASDAQ:INTAGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (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 company had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. During the same quarter last year, the business posted $0.27 EPS. Intapp’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. As a group, sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

INTA has been the subject of several analyst reports. Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Piper Sandler boosted their price objective on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Truist Financial lifted their target price on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research report on Wednesday, September 2nd. Finally, Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Four 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 data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $37.86.

Get Our Latest Research Report on INTA

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new position in Intapp in the 2nd quarter worth approximately $55,000. Squarepoint Ops LLC bought a new stake in shares of Intapp during the 2nd quarter worth $1,065,000. Amundi lifted its holdings in shares of Intapp by 24.0% during the 2nd quarter. Amundi now owns 32,292 shares of the company’s stock worth $814,000 after acquiring an additional 6,245 shares during the last quarter. AXQ Capital LP purchased a new position in Intapp in the second quarter worth $205,000. Finally, Thrive Wealth Management LLC purchased a new position in Intapp in the second quarter worth $243,000. 89.96% of the stock is currently owned by institutional investors.

About Intapp

(Get Free Report)

Intapp, Inc provides cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client relationships, business development, collaboration, time and expense tracking, billing, compliance, conflicts of interest, and other operational workflows.

The company’s products include DealCloud, a relationship intelligence and deal management platform for private capital markets and investment banking firms; Intapp Documents, which supports document and collaboration workflows; Intapp Time and Intapp Bill, which address time capture and billing processes; and solutions for managing conflicts, engagements, terms, and information barriers.

Featured Articles

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

Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.com's FREE daily email newsletter.