George Neble Sells 2,624 Shares of Intapp (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) Director George Neble sold 2,624 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $40.00, for a total transaction of $104,960.00. Following the completion of the sale, the director directly owned 30,465 shares in the company, valued at $1,218,600. This trade represents a 7.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 stock opened at $41.35 on Friday. The firm has a fifty day moving average of $30.17 and a 200-day moving average of $25.93. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of -79.52, a P/E/G ratio of 15.97 and a beta of 0.42. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93.

Intapp (NASDAQ:INTA) last issued its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. The business had revenue of $152.53 million for 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%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. 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, sell-side analysts predict that Intapp, Inc. will post 0.07 earnings per share for the current year.

Institutional Trading of Intapp

Several hedge funds have recently modified their holdings of the company. AQR Capital Management LLC raised its stake in shares of Intapp by 60.9% in the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after acquiring an additional 11,719 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Intapp by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after acquiring an additional 1,379 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Intapp by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock valued at $16,318,000 after purchasing an additional 6,210 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Intapp by 208.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock valued at $95,000 after purchasing an additional 1,248 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in Intapp in the 2nd quarter valued at $693,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Citigroup upped their price objective on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Piper Sandler raised their target price on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. decreased their price target on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Truist Financial increased their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $37.86.

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.