Insider Selling: Intapp (NASDAQ:INTA) Insider Sells 14,591 Shares

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 stock was sold at an average price of $25.02, for a total value of $365,066.82. Following the sale, the insider directly owned 233,632 shares in the company, valued at $5,845,472.64. The trade was a 5.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

Shares of NASDAQ:INTA traded up $0.53 during trading on Tuesday, hitting $25.21. The company had a trading volume of 589,326 shares, compared to its average volume of 1,154,231. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of -54.80 and a beta of 0.49. Intapp, Inc. has a one year low of $19.01 and a one year high of $51.61. The company has a fifty day simple moving average of $22.61 and a two-hundred day simple moving average of $28.62.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The firm had revenue of $146.04 million for the quarter, compared to the consensus estimate of $144.32 million. During the same quarter in the previous year, the company posted $0.26 EPS. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. On average, equities research analysts anticipate that Intapp, Inc. will post -0.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. JPMorgan Chase & Co. decreased their price objective on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. UBS Group dropped their target price on Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Finally, Barclays upped their target price on Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.57.

Institutional Trading of Intapp

Large investors have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its position in Intapp by 60.9% in the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after buying an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Intapp by 4.5% during the first 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 period. Goldman Sachs Group Inc. raised its stake in shares of Intapp by 2.3% during the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock valued at $16,318,000 after acquiring an additional 6,210 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Intapp by 208.0% during the second quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock valued at $95,000 after acquiring an additional 1,248 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Intapp in the second quarter valued at approximately $693,000. 89.96% of the stock is owned by hedge funds and other institutional investors.

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.