Intapp (NASDAQ:INTA) Insider Thad Jampol Sells 4,800 Shares of Stock

Intapp, Inc. (NASDAQ:INTA) insider Thad Jampol sold 4,800 shares of the company’s stock in a transaction on Tuesday, October 13th. The stock was sold at an average price of $40.39, for a total transaction of $193,872.00. Following the sale, the insider directly owned 928,585 shares in the company, valued at $37,505,548.15. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Thad Jampol also recently made the following trade(s):

• On Monday, October 12th, Thad Jampol sold 200 shares of Intapp stock. The shares were sold at an average price of $40.01, for a total transaction of $8,002.00.

Intapp Price Performance

Shares of INTA opened at $39.55 on Thursday. The firm has a 50-day moving average of $38.95 and a 200-day moving average of $29.69. Intapp, Inc. has a one year low of $19.01 and a one year high of $47.93. The company has a market cap of $3.03 billion, a PE ratio of -76.06, a price-to-earnings-growth ratio of 15.31 and a beta of 0.34.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. The company 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%. Intapp’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 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. Analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on INTA. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research report on Wednesday, September 2nd. Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. UBS Group raised their price objective on Intapp from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, September 21st. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Barclays lifted their target price on Intapp from $29.00 to $38.00 and gave the stock an “underweight” rating in a research note on Monday. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $39.14.

Institutional Trading of Intapp

Hedge funds have recently modified their holdings of the stock. GK Wealth Management LLC acquired a new position in Intapp in the 3rd quarter valued at $41,000. Allworth Financial LP bought a new stake in shares of Intapp during the 2nd quarter valued at $33,000. Harbor Investment Advisory LLC bought a new stake in shares of Intapp during the 2nd quarter valued at $36,000. Optiver Holding B.V. grew its holdings in shares of Intapp by 2,232.1% during the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after purchasing an additional 1,741 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of Intapp by 109.5% during the 3rd quarter. Versant Capital Management Inc now owns 1,823 shares of the company’s stock worth $66,000 after purchasing an additional 953 shares in the last quarter. Institutional investors and hedge funds 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.