Intapp (NASDAQ:INTA) CEO Sells $29,208.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 800 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $36.51, for a total transaction of $29,208.00. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares of the company’s stock, valued at $212,298,640.08. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Stock Performance

Shares of INTA opened at $36.49 on Monday. The company’s 50 day moving average price is $37.96 and its 200 day moving average price is $28.93. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93. The company has a market capitalization of $2.79 billion, a PE ratio of -70.17, a PEG ratio of 14.09 and a beta of 0.34.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The firm had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. During the same quarter in the prior year, the business earned $0.27 EPS. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. 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, equities analysts forecast that Intapp, Inc. will post 0.07 earnings per share 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 company. Versant Capital Management Inc boosted 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. Integrated Wealth Concepts LLC bought a new position in shares of Intapp in the second quarter worth about $55,000. Squarepoint Ops LLC bought a new position in shares of Intapp in the second quarter worth about $1,065,000. Amundi lifted its position in shares of Intapp by 24.0% during the 2nd quarter. Amundi now owns 32,292 shares of the company’s stock worth $814,000 after purchasing an additional 6,245 shares during the last quarter. Finally, AXQ Capital LP acquired a new position in shares of Intapp during the 2nd quarter worth about $205,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Wall Street Analysts Forecast Growth

INTA has been the subject of several recent research reports. Piper Sandler increased their price objective on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. UBS Group upped their target price on Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $37.86.

About Intapp

Intapp, Inc develops cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client and relationship data, workflows, compliance requirements, collaboration, billing, and other operational processes across the client lifecycle.

The company’s product portfolio includes solutions for deal and relationship management, professional-services time and billing, conflicts management, compliance, document management, and engagement workflows.