Intapp (NASDAQ:INTA) CEO Sells $29,208.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 800 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $36.51, for a total value of $29,208.00. Following the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at $212,298,640.08. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

Shares of INTA traded down $0.69 on Friday, reaching $36.90. The stock had a trading volume of 42,812 shares, compared to its average volume of 983,663. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $47.93. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of -70.95, a price-to-earnings-growth ratio of 13.98 and a beta of 0.34. The company has a 50-day simple moving average of $37.78 and a 200-day simple moving average of $28.85.

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

Institutional Investors Weigh In On Intapp

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of Intapp in the 2nd quarter valued at $133,660,000. Bamco Inc. NY purchased a new stake in Intapp in the second quarter valued at $50,184,000. Praesidium Investment Management Company LLC acquired a new stake in Intapp during the 2nd quarter worth about $19,761,311. Norges Bank purchased a new position in shares of Intapp during the 4th quarter valued at about $32,302,000. Finally, TimesSquare Capital Management LLC acquired a new position in shares of Intapp in the 2nd quarter valued at about $12,650,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on INTA shares. Piper Sandler lifted their price target on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. UBS Group upped 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. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Barclays boosted their price target on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Four 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $37.86.

Intapp Company Profile

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.