John Hall Sells 65,802 Shares of Intapp (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 65,802 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $41.20, for a total transaction of $2,711,042.40. Following the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $239,570,089.60. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

NASDAQ INTA traded down $0.31 on Wednesday, hitting $40.40. 269,421 shares of the stock were exchanged, compared to its average volume of 1,051,288. The company has a market capitalization of $3.09 billion, a PE ratio of -77.69, a P/E/G ratio of 15.80 and a beta of 0.42. The business’s fifty day moving average is $30.88 and its 200 day moving average is $26.06. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The company 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 quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last 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. Analysts predict that Intapp, Inc. will post 0.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Strive Financial Group LLC acquired a new position in Intapp in the 4th quarter valued at about $28,000. Allworth Financial LP acquired a new stake in Intapp during the second quarter worth approximately $33,000. Harbor Investment Advisory LLC bought a new stake in shares of Intapp during the second quarter worth approximately $36,000. Optiver Holding B.V. boosted its holdings in shares of Intapp by 2,232.1% during the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after acquiring an additional 1,741 shares during the period. Finally, Federation des caisses Desjardins du Quebec grew its position in shares of Intapp by 913.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after purchasing an additional 950 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Piper Sandler boosted their price target on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. JPMorgan Chase & Co. reduced their target price on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Barclays boosted their target price on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $37.86.

Intapp Company Profile

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.