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

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

Intapp Price Performance

Shares of Intapp stock traded down $0.31 on Wednesday, hitting $40.40. The company had a trading volume of 269,421 shares, compared to its average volume of 1,051,288. The stock has a 50-day moving average of $30.88 and a 200-day moving average of $26.06. Intapp, Inc. has a twelve month low of $19.01 and a twelve month high of $47.93. The firm has a market capitalization of $3.09 billion, a P/E ratio of -77.69, a P/E/G ratio of 15.80 and a beta of 0.42.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates 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%. The firm’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period last year, the business 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. Equities analysts predict that Intapp, Inc. will post 0.07 EPS for the current year.

Analyst Upgrades and Downgrades

INTA has been the subject of several recent research reports. Zacks Research cut Intapp from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. dropped their target price on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Barclays boosted 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. Piper Sandler upped 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. Finally, Citigroup raised their price target on shares of Intapp from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Intapp presently has a consensus rating of “Hold” and a consensus price target of $37.86.

Hedge Funds Weigh In On Intapp

A number of large investors have recently modified their holdings of the business. Strive Financial Group LLC bought a new stake in Intapp during the fourth quarter worth about $28,000. Federation des caisses Desjardins du Quebec grew its stake in 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 in the last quarter. Allworth Financial LP bought a new position in Intapp in the second quarter valued at approximately $33,000. Harbor Investment Advisory LLC bought a new position in Intapp in the second quarter valued at approximately $36,000. Finally, State of Wyoming increased its position in shares of Intapp by 75.7% during the 4th quarter. State of Wyoming now owns 1,597 shares of the company’s stock worth $73,000 after purchasing an additional 688 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

About Intapp

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.