Michele Murgel Sells 14,591 Shares of Intapp (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the sale, the insider directly owned 233,632 shares in the company, valued at approximately $5,845,472.64. This trade represents a 5.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

Intapp stock opened at $26.35 on Thursday. Intapp, Inc. has a one year low of $19.01 and a one year high of $49.12. The business has a fifty day moving average price of $22.73 and a 200-day moving average price of $28.38. The firm has a market capitalization of $2.03 billion, a P/E ratio of -57.28 and a beta of 0.47.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01. The company had revenue of $146.04 million during the quarter, compared to analysts’ expectations of $144.32 million. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. Intapp’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.26 earnings per share. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. Sell-side analysts expect that Intapp, Inc. will post -0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Intapp

Several large investors have recently made changes to their positions in the business. Bamco Inc. NY grew its stake in shares of Intapp by 15.5% in the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock worth $152,488,000 after buying an additional 447,039 shares during the last quarter. Capital World Investors raised its stake in Intapp by 3.5% during the fourth quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock valued at $137,101,000 after buying an additional 100,000 shares during the last quarter. Jennison Associates LLC raised its stake in Intapp by 9.7% during the first quarter. Jennison Associates LLC now owns 2,008,826 shares of the company’s stock valued at $51,607,000 after buying an additional 177,201 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Intapp by 143.7% in the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock worth $77,365,000 after acquiring an additional 1,115,392 shares in the last quarter. Finally, Praesidium Investment Management Company LLC grew its stake in shares of Intapp by 5.7% in the fourth quarter. Praesidium Investment Management Company LLC now owns 1,841,850 shares of the company’s stock worth $84,394,000 after acquiring an additional 98,767 shares during the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Zacks Research downgraded shares of Intapp from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Barclays increased their target price on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, JPMorgan Chase & Co. reduced their price objective on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $34.57.

Intapp Company Profile

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.