Intapp, Inc. (NASDAQ:INTA – Get Free Report) CEO John Hall sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $47.32, for a total value of $141,960.00. Following the transaction, the chief executive officer directly owned 5,814,808 shares in the company, valued at $275,156,714.56. The trade was a 0.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Stock Down 6.1%
Shares of INTA opened at $40.34 on Thursday. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $48.19. The business’s fifty day moving average is $40.03 and its 200 day moving average is $30.24. The stock has a market cap of $3.09 billion, a P/E ratio of -77.58, a P/E/G ratio of 18.53 and a beta of 0.34.
Intapp (NASDAQ:INTA – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. The business had revenue of $161.26 million during the quarter, compared to the consensus estimate of $159.63 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. Intapp’s revenue was up 16.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 EPS. On average, analysts expect that Intapp, Inc. will post 0.07 EPS for the current year.
Key Headlines Impacting Intapp
Here are the key news stories impacting Intapp this week:
- Positive Sentiment: Q1 results exceeded expectations: Intapp reported adjusted EPS of $0.44 versus the $0.40 consensus estimate and revenue of $161.26 million versus expectations of $159.63 million. Revenue increased 16% year over year, while EPS rose from $0.24 in the prior-year quarter. Intapp Q1 fiscal 2027 earnings results
- Positive Sentiment: AI demand remains a growth catalyst: Management said demand for the Celeste AI platform is creating an implementation backlog as Intapp works to hire additional deployment engineers. The company is also positioning Intapp Walls for AI as a security and compliance layer for third-party AI tools used by major law firms, potentially strengthening its competitive position. Intapp long-term investor takeaways
- Positive Sentiment: Cloud transition is progressing: Reports highlighted cloud annual recurring revenue reaching approximately 85%, while management forecast fiscal 2027 non-GAAP EPS of $1.64 to $1.68 as Celeste adoption and deployment capacity expand. Intapp fiscal 2027 guidance
- Neutral Sentiment: CEO stock sale: Chief Executive Officer John Hall sold 3,000 shares for about $141,960 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his holdings by only 0.05%, leaving him with more than 5.8 million shares, limiting its signaling value. Intapp CEO SEC Form 4 filing
- Negative Sentiment: Near-term guidance disappointed: Intapp’s second-quarter outlook was viewed as weak, prompting a sharp selloff even though the company beat Q1 estimates. Investors appear concerned that Celeste implementation costs, hiring and deployment timing may weigh on short-term growth and profitability. Intapp shares and second-quarter guidance
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Piper Sandler upped 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. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research report on Wednesday, September 2nd. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Barclays boosted their price objective on Intapp from $29.00 to $38.00 and gave the stock an “underweight” rating in a report on Monday, October 12th. Finally, Oppenheimer reissued a “market perform” rating on shares of Intapp in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $40.71.
View Our Latest Report on Intapp
Institutional Investors Weigh In On Intapp
A number of institutional investors and hedge funds have recently bought and sold shares of INTA. GK Wealth Management LLC purchased a new position in Intapp during the third quarter worth about $41,000. Allworth Financial LP bought a new stake in Intapp in the 2nd quarter worth about $33,000. Harbor Investment Advisory LLC bought a new stake in Intapp in the 2nd quarter worth about $36,000. Sterling Capital Management LLC increased its stake in Intapp by 800.5% in the 3rd quarter. Sterling Capital Management LLC now owns 1,774 shares of the company’s stock valued at $64,000 after buying an additional 1,577 shares during the last quarter. Finally, Optiver Holding B.V. increased its stake in Intapp by 2,232.1% in the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after buying an additional 1,741 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.
Intapp Company Profile
Intapp, Inc develops cloud-based software for professional and financial services firms. Its platform is designed to help organizations manage client and relationship data, business development, risk and compliance processes, collaboration, time tracking, billing, and operational workflows.
The company’s product portfolio includes solutions for relationship management and deal management, professional-services time and billing, conflicts and compliance, document and information management, secure collaboration, and workflow automation.
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