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

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the company’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $36.74, for a total transaction of $110,220.00. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at $213,636,045.92. This represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

Shares of Intapp stock traded up $0.37 during trading on Wednesday, hitting $36.46. The company’s stock had a trading volume of 556,014 shares, compared to its average volume of 1,008,325. 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 -70.12, a P/E/G ratio of 14.17 and a beta of 0.45. The company has a fifty day simple moving average of $36.63 and a two-hundred day simple moving average of $28.36.

Intapp (NASDAQ:INTA) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. The business had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. Intapp’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 earnings per share. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. As a group, analysts predict that Intapp, Inc. will post 0.07 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on INTA shares. Barclays increased their target price on Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a report on Wednesday, September 2nd. Wall Street Zen raised Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Truist Financial upped their target price 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. Finally, Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $37.86.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its position in Intapp by 9.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,652 shares of the company’s stock valued at $145,000 after buying an additional 483 shares during the period. ProShare Advisors LLC increased its position in shares of Intapp by 8.0% during the fourth quarter. ProShare Advisors LLC now owns 10,445 shares of the company’s stock worth $479,000 after acquiring an additional 773 shares during the period. Personal CFO Solutions LLC raised its stake in shares of Intapp by 8.8% during the first quarter. Personal CFO Solutions LLC now owns 10,559 shares of the company’s stock valued at $271,000 after acquiring an additional 858 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of Intapp by 4.0% during the second quarter. Handelsbanken Fonder AB now owns 23,200 shares of the company’s stock valued at $585,000 after acquiring an additional 900 shares in the last quarter. Finally, Strs Ohio boosted its holdings in shares of Intapp by 5.7% in the first quarter. Strs Ohio now owns 20,300 shares of the company’s stock valued at $522,000 after purchasing an additional 1,100 shares during the period. 89.96% of the stock is currently owned by institutional investors.

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.