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

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 65,802 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $41.20, for a total value of $2,711,042.40. Following the transaction, the chief executive officer directly owned 5,814,808 shares in the company, valued at $239,570,089.60. The trade was a 1.12% 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 Price Performance

INTA stock opened at $43.70 on Friday. The company has a market cap of $3.34 billion, a P/E ratio of -84.04, a price-to-earnings-growth ratio of 15.60 and a beta of 0.42. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $47.93. The stock’s fifty day moving average price is $31.68 and its 200-day moving average price is $26.32.

Intapp (NASDAQ:INTA) last issued 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. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The company had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. Intapp’s revenue was up 13.0% compared to the same quarter last year. 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 expect that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

INTA has been the subject of several research reports. Piper Sandler upped their price target on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Barclays boosted their target price on shares of Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a research report on Wednesday, August 5th. Zacks Research downgraded shares of Intapp from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $37.86.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Amundi grew its stake in shares of Intapp by 24.0% during the 2nd quarter. Amundi now owns 32,292 shares of the company’s stock valued at $814,000 after acquiring an additional 6,245 shares during the period. California State Teachers Retirement System raised its stake in Intapp by 2,361.0% during the 2nd quarter. California State Teachers Retirement System now owns 1,879,103 shares of the company’s stock worth $47,372,000 after acquiring an additional 1,802,749 shares during the period. AXQ Capital LP bought a new stake in Intapp during the 2nd quarter worth approximately $205,000. Thrive Wealth Management LLC purchased a new position in Intapp during the second quarter valued at approximately $243,000. Finally, Hsbc Holdings PLC purchased a new position in Intapp during the second quarter valued at approximately $287,000. Institutional investors own 89.96% of the company’s stock.

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.