Intapp (NASDAQ:INTA) CFO David Morton, Jr. Sells 10,000 Shares

Intapp, Inc. (NASDAQ:INTA) CFO David Morton, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $40.76, for a total transaction of $407,600.00. Following the transaction, the chief financial officer owned 43,765 shares in the company, valued at $1,783,861.40. The trade was a 18.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Intapp Stock Up 1.6%

Shares of NASDAQ:INTA opened at $42.60 on Thursday. Intapp, Inc. has a 52-week low of $35.51 and a 52-week high of $77.74. The stock has a market cap of $3.49 billion, a price-to-earnings ratio of -118.33, a PEG ratio of 70.51 and a beta of 0.70. The business has a 50-day moving average price of $40.22 and a 200-day moving average price of $45.23.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.19 by $0.05. The business had revenue of $139.03 million during the quarter, compared to analysts’ expectations of $135.34 million. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The business’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 EPS. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. As a group, equities analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Intapp announced that its board has initiated a stock repurchase program on Tuesday, August 12th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on INTA shares. Stifel Nicolaus set a $50.00 price objective on Intapp in a report on Wednesday, November 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a research report on Monday. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Citigroup lowered their price target on Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Intapp from $80.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus target price of $54.86.

Institutional Investors Weigh In On Intapp

Hedge funds have recently added to or reduced their stakes in the company. CWM LLC increased its holdings in shares of Intapp by 27.0% in the 1st quarter. CWM LLC now owns 1,003 shares of the company’s stock valued at $59,000 after purchasing an additional 213 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of Intapp by 2.2% during the third quarter. Natixis Advisors LLC now owns 11,603 shares of the company’s stock worth $475,000 after purchasing an additional 250 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Intapp by 3.5% in the first quarter. Hsbc Holdings PLC now owns 8,001 shares of the company’s stock valued at $465,000 after purchasing an additional 272 shares during the period. Blue Trust Inc. lifted its position in Intapp by 27.9% during the third quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock worth $58,000 after buying an additional 310 shares during the period. Finally, REAP Financial Group LLC increased its stake in shares of Intapp by 218.5% during the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after acquiring an additional 330 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Intapp Company Profile

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.