Intapp (NASDAQ:INTA) CEO Sells $80,894.00 in Stock

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 2,200 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $36.77, for a total value of $80,894.00. Following the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at $213,810,490.16. The trade was a 0.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Performance

Shares of INTA stock opened at $36.49 on Monday. The company has a market cap of $2.79 billion, a price-to-earnings ratio of -70.17, a price-to-earnings-growth ratio of 14.09 and a beta of 0.34. The stock has a 50 day simple moving average of $37.96 and a 200-day simple moving average of $28.93. Intapp, Inc. has a 12-month low of $19.01 and a 12-month 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 for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The firm had revenue of $152.53 million for the quarter, compared to the consensus estimate 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 previous year, the business earned $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. On average, equities analysts forecast that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Intapp

A number of large investors have recently added to or reduced their stakes in the business. Bamco Inc. NY lifted its holdings in shares of Intapp by 15.5% in the fourth quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock valued at $152,488,000 after purchasing an additional 447,039 shares in the last quarter. Capital World Investors increased its stake in shares of Intapp by 3.5% during the 4th quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock worth $137,101,000 after purchasing an additional 100,000 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Intapp during the 2nd quarter worth approximately $133,660,000. Praesidium Investment Management Company LLC raised its position in shares of Intapp by 5.7% during the 4th quarter. Praesidium Investment Management Company LLC now owns 1,841,850 shares of the company’s stock worth $84,394,000 after purchasing an additional 98,767 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Intapp by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 1,469,208 shares of the company’s stock worth $67,328,000 after purchasing an additional 31,557 shares during the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTA has been the subject of a number of research analyst reports. Piper Sandler increased their price target on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research report on Wednesday, September 2nd. UBS Group lifted their price target on shares of Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, September 21st. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Four 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $37.86.

Intapp Company Profile

Intapp, Inc develops cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client and relationship data, workflows, compliance requirements, collaboration, billing, and other operational processes across the client lifecycle.

The company’s product portfolio includes solutions for deal and relationship management, professional-services time and billing, conflicts management, compliance, document management, and engagement workflows.