Insider Selling: Intapp (NASDAQ:INTA) CEO Sells 3,000 Shares

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $39.59, for a total transaction of $118,770.00. Following the transaction, the chief executive officer directly owned 5,814,808 shares of the company’s stock, valued at $230,208,248.72. This represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Trading Down 1.6%

Shares of NASDAQ:INTA traded down $0.60 during mid-day trading on Thursday, reaching $38.04. The company had a trading volume of 502,003 shares, compared to its average volume of 1,025,691. The company’s 50-day moving average price is $34.96 and its 200-day moving average price is $27.47. Intapp, Inc. has a one year low of $19.01 and a one year high of $47.93. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of -73.15, a PEG ratio of 15.39 and a beta of 0.45.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The company had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. Intapp’s revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business 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, research analysts anticipate that Intapp, Inc. will post 0.07 EPS for the current fiscal year.

Analyst Ratings Changes

INTA has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Truist Financial boosted their price objective on shares of Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Finally, Barclays upped their target price on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $37.86.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strive Financial Group LLC purchased a new stake in Intapp during the 4th quarter valued at $28,000. Allworth Financial LP bought a new position in shares of Intapp during the second quarter valued at $33,000. Harbor Investment Advisory LLC bought a new position in shares of Intapp during the second quarter valued at $36,000. Optiver Holding B.V. increased its holdings in Intapp by 2,232.1% in the 1st 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, Federation des caisses Desjardins du Quebec raised its position in Intapp by 913.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock worth $48,000 after buying an additional 950 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

About Intapp

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.