Insider Selling: Intapp (NASDAQ:INTA) Insider Sells 14,591 Shares of Stock

Intapp, Inc. (NASDAQ:INTA) insider Michele Murgel sold 14,591 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the sale, the insider directly owned 233,632 shares in the company, valued at approximately $5,845,472.64. This represents a 5.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Price Performance

Shares of NASDAQ INTA traded up $0.53 during mid-day trading on Tuesday, reaching $25.21. The company’s stock had a trading volume of 589,326 shares, compared to its average volume of 1,154,231. The firm has a market capitalization of $1.94 billion, a PE ratio of -54.80 and a beta of 0.49. The stock has a fifty day moving average of $22.61 and a two-hundred day moving average of $28.62. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $51.61.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The firm had revenue of $146.04 million during the quarter, compared to analysts’ expectations of $144.32 million. During the same quarter last year, the business posted $0.26 earnings per share. The firm’s revenue was up 13.1% on a year-over-year basis. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. Analysts anticipate that Intapp, Inc. will post -0.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of INTA. Wellington Management Group LLP raised its stake in Intapp by 143.7% during the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after purchasing an additional 1,115,392 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Intapp in the 3rd quarter worth about $45,349,000. Barclays PLC increased its holdings in shares of Intapp by 1,160.6% in the 4th quarter. Barclays PLC now owns 1,094,989 shares of the company’s stock worth $50,172,000 after buying an additional 1,008,128 shares during the last quarter. Norges Bank purchased a new stake in shares of Intapp during the 4th quarter valued at about $32,302,000. Finally, Goldman Sachs Group Inc. raised its position in shares of Intapp by 103.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,212,052 shares of the company’s stock valued at $55,536,000 after buying an additional 617,649 shares in the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on INTA. Barclays upped their target price on shares of Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. reduced their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Citigroup increased their price objective on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Zacks Research lowered Intapp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Intapp presently has an average rating of “Hold” and an average price target of $34.57.

Intapp Company Profile

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.