Intapp (NASDAQ:INTA) Stock: Insider John Hall Sells 3,000 Shares

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of Intapp stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $36.50, for a total value of $109,500.00. Following the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $212,240,492. The trade was a 0.05% decrease in their ownership of the stock. The transaction 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 Stock Performance

Shares of NASDAQ:INTA opened at $38.65 on Friday. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93. The firm has a market capitalization of $2.96 billion, a P/E ratio of -74.33, a P/E/G ratio of 14.52 and a beta of 0.34. The stock has a 50 day moving average price of $38.49 and a 200-day moving average price of $29.27.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The company had revenue of $152.53 million during the quarter, compared to analysts’ expectations of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The firm’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 EPS. 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 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on INTA shares. Piper Sandler increased their price target on shares of Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. UBS Group raised their target price on shares of Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, September 21st. Finally, Truist Financial lifted their target price on shares of Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $37.86.

Hedge Funds Weigh In On Intapp

Several large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Intapp during the second quarter valued at approximately $133,660,000. Bamco Inc. NY lifted its position in Intapp by 15.5% in the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock valued at $152,488,000 after acquiring an additional 447,039 shares in the last quarter. Capital World Investors lifted its position in Intapp by 3.5% in the 4th quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock valued at $137,101,000 after acquiring an additional 100,000 shares in the last quarter. Wellington Management Group LLP boosted its stake in Intapp by 5.8% during the 2nd quarter. Wellington Management Group LLP now owns 2,046,759 shares of the company’s stock valued at $51,599,000 after purchasing an additional 112,735 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in Intapp by 9.7% during the 1st quarter. Jennison Associates LLC now owns 2,008,826 shares of the company’s stock valued at $51,607,000 after purchasing an additional 177,201 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

About Intapp

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.