Intapp (NASDAQ:INTA) CEO Sells $113,790.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $37.93, for a total value of $113,790.00. Following the completion of the transaction, the chief executive officer directly owned 5,814,808 shares of the company’s stock, valued at $220,555,667.44. This represents a 0.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

NASDAQ INTA traded down $0.49 during trading hours on Wednesday, reaching $37.00. The company’s stock had a trading volume of 596,739 shares, compared to its average volume of 1,016,289. The firm has a fifty day simple moving average of $35.76 and a 200-day simple moving average of $27.93. 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 $2.83 billion, a P/E ratio of -71.15, a P/E/G ratio of 14.66 and a beta of 0.45.

Intapp (NASDAQ:INTA) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The firm had revenue of $152.53 million during the quarter, compared to analysts’ expectations 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 was up 13.0% on a year-over-year basis. During the same period in the prior year, the company 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. On average, research analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on INTA. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Piper Sandler raised their price objective on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Finally, Truist Financial lifted their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $37.86.

Hedge Funds Weigh In On Intapp

Hedge funds have recently bought and sold shares of the company. TimesSquare Capital Management LLC acquired a new position in shares of Intapp in the 2nd quarter valued at about $12,650,000. Alamar Capital Management LLC acquired a new stake in Intapp during the second quarter worth approximately $2,040,000. AMS Capital Ltda increased its holdings in Intapp by 83.6% in the first quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after purchasing an additional 147,567 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Intapp by 100.1% in the first quarter. Lazard Asset Management LLC now owns 89,968 shares of the company’s stock valued at $2,311,000 after buying an additional 45,006 shares during the period. Finally, George Kaiser Family Foundation acquired a new position in Intapp in the second quarter valued at approximately $2,898,000. Institutional investors own 89.96% of the company’s stock.

Intapp Company Profile

Intapp, Inc provides cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client relationships, business development, collaboration, time and expense tracking, billing, compliance, conflicts of interest, and other operational workflows.

The company’s products include DealCloud, a relationship intelligence and deal management platform for private capital markets and investment banking firms; Intapp Documents, which supports document and collaboration workflows; Intapp Time and Intapp Bill, which address time capture and billing processes; and solutions for managing conflicts, engagements, terms, and information barriers.