Intapp (NASDAQ:INTA) CEO Sells 800 Shares of Company Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 800 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $36.51, for a total transaction of $29,208.00. Following the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at $212,298,640.08. The trade was a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

Shares of INTA traded down $0.69 during trading hours on Friday, hitting $36.90. The stock had a trading volume of 42,812 shares, compared to its average volume of 983,663. The firm has a 50-day moving average price of $37.78 and a 200 day moving average price of $28.85. Intapp, Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $47.93. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of -70.95, a PEG ratio of 13.98 and a beta of 0.34.

Intapp (NASDAQ:INTA) last announced its quarterly 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. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The firm had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. During the same quarter in the previous year, the business earned $0.27 EPS. Intapp’s revenue for the quarter was up 13.0% compared to the same quarter last year. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. As a group, analysts predict that Intapp, Inc. will post 0.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Intapp in the 2nd quarter valued at $133,660,000. Bamco Inc. NY increased its stake in shares of Intapp by 15.5% during the fourth quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock worth $152,488,000 after acquiring an additional 447,039 shares during the period. Capital World Investors raised its holdings in Intapp by 3.5% during the fourth quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock worth $137,101,000 after purchasing an additional 100,000 shares in the last quarter. Wellington Management Group LLP lifted its position in Intapp by 5.8% in the second quarter. Wellington Management Group LLP now owns 2,046,759 shares of the company’s stock valued at $51,599,000 after purchasing an additional 112,735 shares during the period. Finally, Jennison Associates LLC boosted its holdings in Intapp by 9.7% in the 1st quarter. Jennison Associates LLC now owns 2,008,826 shares of the company’s stock valued at $51,607,000 after purchasing an additional 177,201 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INTA has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research report on Wednesday, September 2nd. Truist Financial boosted 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. Barclays increased their target price on Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. UBS Group lifted their price target on Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a research note on Monday, September 21st. Finally, Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $37.86.

About Intapp

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.