Intapp (NASDAQ:INTA) CEO Sells $118,770.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $39.59, for a total transaction of $118,770.00. Following the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at $230,208,248.72. The trade was a 0.05% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Trading Down 2.1%

INTA stock opened at $37.23 on Friday. The firm has a 50 day moving average of $35.37 and a 200-day moving average of $27.65. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $47.93. The company has a market cap of $2.85 billion, a price-to-earnings ratio of -71.60, a PEG ratio of 14.37 and a beta of 0.45.

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

Institutional Trading of Intapp

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research note on Wednesday, September 2nd. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Barclays increased their price objective on shares of Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Finally, Piper Sandler lifted their target price on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Four investment 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $37.86.

About Intapp

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.