Intapp (NASDAQ:INTA) Stock: Insider John Hall Sells 3,000 Shares

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of $44.35, for a total transaction of $133,050.00. Following the completion of the transaction, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $257,886,734.80. The trade was a 0.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Trading Up 1.2%

INTA stock traded up $0.55 during midday trading on Wednesday, reaching $45.33. 525,158 shares of the company’s stock traded hands, compared to its average volume of 960,555. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93. The stock has a market cap of $3.48 billion, a P/E ratio of -87.17, a PEG ratio of 17.10 and a beta of 0.34. The stock’s 50-day moving average is $39.42 and its 200 day moving average is $30.22.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The firm had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. As a group, research analysts expect that Intapp, Inc. will post 0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on INTA shares. Truist Financial upped their price target on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Barclays lifted their price objective on Intapp from $29.00 to $38.00 and gave the company an “underweight” rating in a research report on Monday, October 12th. UBS Group lifted their price objective on Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, September 21st. Piper Sandler boosted their price objective on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two 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 target price of $39.14.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of INTA. Nisa Investment Advisors LLC boosted its holdings in Intapp by 162.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,125 shares of the company’s stock worth $113,000 after buying an additional 1,933 shares during the period. GK Wealth Management LLC purchased a new stake in Intapp in the 3rd quarter worth $41,000. Argent Capital Management LLC purchased a new stake in Intapp in the 3rd quarter worth $674,000. Versant Capital Management Inc raised its holdings in Intapp by 109.5% during the third quarter. Versant Capital Management Inc now owns 1,823 shares of the company’s stock valued at $66,000 after acquiring an additional 953 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in Intapp during the second quarter valued at about $55,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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.