Insider Selling: Intapp (NASDAQ:INTA) CEO Sells $109,500.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $36.50, for a total transaction of $109,500.00. Following the sale, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $212,240,492. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Up 2.5%

Shares of INTA stock opened at $39.61 on Friday. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93. The company has a market cap of $3.04 billion, a P/E ratio of -76.17, a PEG ratio of 14.92 and a beta of 0.34. The business has a 50 day moving average of $38.63 and a two-hundred day moving average of $29.34.

Intapp (NASDAQ:INTA) last issued its 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 firm had revenue of $152.53 million for the quarter, compared to analyst estimates 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 last year, the company 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. Analysts expect that Intapp, Inc. will post 0.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in INTA. GK Wealth Management LLC bought a new stake in Intapp during the third quarter worth approximately $41,000. Argent Capital Management LLC acquired a new position in shares of Intapp during the 3rd quarter valued at $674,000. Versant Capital Management Inc raised its stake in shares of Intapp by 109.5% in the 3rd quarter. Versant Capital Management Inc now owns 1,823 shares of the company’s stock worth $66,000 after buying an additional 953 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Intapp in the 2nd quarter worth $55,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Intapp in the second quarter valued at $1,065,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on INTA shares. Piper Sandler boosted their target price on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Barclays boosted their price objective on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Truist Financial increased their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target 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.