Michele Murgel Sells 5,425 Shares of Intapp (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTAGet Free Report) insider Michele Murgel sold 5,425 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $228,175.50. Following the completion of the transaction, the insider owned 224,522 shares of the company’s stock, valued at approximately $9,443,395.32. This trade represents a 2.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Intapp Stock Performance

Shares of Intapp stock opened at $42.82 on Friday. The firm has a 50-day simple moving average of $44.75 and a two-hundred day simple moving average of $54.10. The company has a market cap of $3.52 billion, a P/E ratio of -178.42, a price-to-earnings-growth ratio of 12.96 and a beta of 0.73. Intapp, Inc. has a fifty-two week low of $35.51 and a fifty-two week high of $77.74.

Intapp (NASDAQ:INTAGet Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The business had revenue of $135.04 million during the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The company’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Equities research analysts forecast that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp declared that its Board of Directors has authorized a share repurchase program on Tuesday, August 12th that permits the company to repurchase $150.00 million in shares. This repurchase authorization permits the company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on INTA. Stifel Nicolaus decreased their price objective on shares of Intapp from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Tuesday, July 8th. Wall Street Zen downgraded shares of Intapp from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 21st. Piper Sandler upgraded shares of Intapp to a “neutral” rating and set a $55.00 price target for the company in a research report on Tuesday, June 24th. Barclays upped their price target on shares of Intapp from $44.00 to $47.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 13th. Finally, Citigroup dropped their price objective on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday, July 16th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $60.63.

Read Our Latest Stock Analysis on INTA

Institutional Trading of Intapp

Several hedge funds have recently made changes to their positions in INTA. REAP Financial Group LLC grew its stake in shares of Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after buying an additional 330 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Intapp by 74.2% during the 1st quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock worth $31,000 after purchasing an additional 224 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Intapp during the 2nd quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Intapp by 356.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after purchasing an additional 502 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Intapp during the 1st quarter worth approximately $36,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

About Intapp

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Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.

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Insider Buying and Selling by Quarter for Intapp (NASDAQ:INTA)

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