Intapp (NASDAQ:INTA) CEO Sells $120,000.00 in Stock

Intapp, Inc. (NASDAQ:INTA – Get Free Report) CEO John Hall sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $40.00, for a total transaction of $120,000.00. Following the completion of the sale, the chief executive officer owned 5,814,808 shares in the company, valued at $232,592,320. This represents a 0.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

Shares of NASDAQ INTA traded down $0.09 during midday trading on Wednesday, hitting $39.55. 545,295 shares of the stock traded hands, compared to its average volume of 966,963. The firm has a 50-day moving average of $38.90 and a two-hundred day moving average of $29.59. The firm has a market capitalization of $3.03 billion, a P/E ratio of -76.06, a PEG ratio of 15.31 and a beta of 0.34. Intapp, Inc. has a one year low of $19.01 and a one year high of $47.93.

Intapp (NASDAQ:INTA – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%. The firm had revenue of $152.53 million for the quarter, compared to the consensus estimate of $149.75 million. During the same period last year, the business posted $0.27 EPS. The company’s revenue for the quarter was up 13.0% on a year-over-year basis. 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 analysts forecast that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on INTA. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Truist Financial increased their price objective on shares of Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, UBS Group raised their price objective on shares of Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a report on Monday, September 21st. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Intapp has an average rating of “Hold” and a consensus price target of $39.14.

View Our Latest Research Report on INTA

Institutional Investors Weigh In On Intapp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP bought a new position in Intapp in the 2nd quarter worth $33,000. Harbor Investment Advisory LLC bought a new stake in Intapp during the second quarter valued at about $36,000. GK Wealth Management LLC bought a new stake in Intapp during the third quarter valued at about $41,000. Optiver Holding B.V. increased its position in 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 buying an additional 1,741 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in Intapp in the second quarter worth about $55,000. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

About Intapp

(Get Free Report)

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.

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