Intapp (NASDAQ:INTA) CEO Sells $2,711,042.40 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 65,802 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $41.20, for a total value of $2,711,042.40. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $239,570,089.60. The trade was a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Down 0.5%

INTA opened at $43.47 on Friday. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93. The business has a fifty day simple moving average of $32.11 and a 200-day simple moving average of $26.44. The firm has a market cap of $3.33 billion, a P/E ratio of -83.60, a P/E/G ratio of 16.87 and a beta of 0.42.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Zacks Research downgraded shares of Intapp from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Piper Sandler increased their target price on shares of Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $37.86.

Institutional Investors Weigh In On Intapp

Large investors have recently bought and sold shares of the stock. Natixis Advisors LLC raised its position in Intapp by 2.2% in the 3rd quarter. Natixis Advisors LLC now owns 11,603 shares of the company’s stock valued at $475,000 after purchasing an additional 250 shares in the last quarter. Caxton Associates LLP grew its position in shares of Intapp by 6.9% during the second quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock worth $309,000 after buying an additional 388 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Intapp by 9.3% during the first quarter. PNC Financial Services Group Inc. now owns 5,652 shares of the company’s stock worth $145,000 after buying an additional 483 shares in the last quarter. Strive Financial Group LLC purchased a new stake in shares of Intapp during the fourth quarter worth approximately $28,000. Finally, State of Wyoming increased its stake in shares of Intapp by 75.7% during the fourth quarter. State of Wyoming now owns 1,597 shares of the company’s stock worth $73,000 after buying an additional 688 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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.