John Hall Sells 3,000 Shares of Intapp (NASDAQ:INTA) Stock

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

Intapp Stock Performance

Shares of INTA stock opened at $36.69 on Friday. The company has a market cap of $2.81 billion, a P/E ratio of -70.56, a PEG ratio of 14.29 and a beta of 0.45. The stock has a 50 day simple moving average of $36.14 and a two-hundred day simple moving average of $28.14. Intapp, Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $47.93.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The firm had revenue of $152.53 million for the quarter, compared to analysts’ expectations of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the prior year, the business earned $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 predict that Intapp, Inc. will post 0.07 earnings per share for the current year.

Institutional Trading of Intapp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new position in shares of Intapp in the second quarter valued at $55,000. Squarepoint Ops LLC bought a new stake in shares of Intapp during the second quarter worth about $1,065,000. Amundi increased its position in shares of Intapp by 24.0% during the second quarter. Amundi now owns 32,292 shares of the company’s stock worth $814,000 after acquiring an additional 6,245 shares in the last quarter. AXQ Capital LP acquired a new stake in shares of Intapp in the 2nd quarter worth about $205,000. Finally, Thrive Wealth Management LLC acquired a new stake in shares of Intapp in the 2nd quarter worth about $243,000. Institutional investors own 89.96% of the company’s stock.

Analysts Set New Price Targets

INTA has been the subject of a number of research reports. Truist Financial lifted their price target on shares of Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Barclays increased their price objective on shares of Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $37.86.

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.