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

Intapp, Inc. (NASDAQ:INTA) Director George Neble sold 2,624 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $40.00, for a total value of $104,960.00. Following the sale, the director directly owned 30,465 shares in the company, valued at approximately $1,218,600. This represents a 7.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

NASDAQ:INTA opened at $41.35 on Friday. The business’s 50-day simple moving average is $30.17 and its 200-day simple moving average is $25.93. Intapp, Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $47.93. The stock has a market capitalization of $3.16 billion, a PE ratio of -79.52, a price-to-earnings-growth ratio of 15.51 and a beta of 0.42.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping 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%.Intapp’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior 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, research analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current year.

Institutional Trading of Intapp

A number of hedge funds and other institutional investors have recently made changes to their positions in INTA. Strive Financial Group LLC acquired a new position in Intapp during the fourth quarter worth $28,000. Allworth Financial LP acquired a new stake in Intapp in the 2nd quarter valued at $33,000. Harbor Investment Advisory LLC bought a new stake in Intapp during the 2nd quarter worth about $36,000. First Horizon Corp bought a new stake in Intapp during the 4th quarter worth about $44,000. Finally, Optiver Holding B.V. boosted its stake in shares of Intapp by 2,232.1% during the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after buying an additional 1,741 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTA has been the topic of a number of research analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Piper Sandler increased their target price on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Zacks Research downgraded Intapp from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Finally, Truist Financial boosted their price target on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Four equities 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, Intapp presently has an average rating of “Hold” and an average target price of $37.86.

About Intapp

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.