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

Intapp, Inc. (NASDAQ:INTA) CEO John Hall sold 3,000 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $47.32, for a total transaction of $141,960.00. Following the sale, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $275,156,714.56. This trade represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Down 6.1%

INTA stock traded down $2.61 during midday trading on Wednesday, hitting $40.34. The company’s stock had a trading volume of 1,889,910 shares, compared to its average volume of 964,039. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $48.19. The firm has a market capitalization of $3.09 billion, a P/E ratio of -77.58, a PEG ratio of 18.53 and a beta of 0.34. The firm has a 50-day simple moving average of $40.01 and a 200-day simple moving average of $30.26.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The business had revenue of $161.26 million during the quarter, compared to the consensus estimate of $159.63 million. During the same quarter in the previous year, the firm posted $0.24 earnings per share. The company’s quarterly revenue was up 16.0% compared to the same quarter last year. On average, sell-side analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Key Headlines Impacting Intapp

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Intapp reported fiscal Q1 adjusted earnings of $0.44 per share, above the $0.40 analyst consensus, while revenue of $161.26 million exceeded estimates of $159.63 million and increased 16% year over year. Intapp first-quarter earnings results
• Positive Sentiment: Cloud annual recurring revenue represented approximately 85% of total ARR, and quarterly profit nearly doubled from the prior-year period, supporting the long-term shift toward recurring cloud revenue. Intapp Q1 2027 earnings analysis
• Positive Sentiment: Demand for the Celeste AI platform is reportedly accelerating, creating an implementation backlog as Intapp hires deployment engineers. Management is also positioning Intapp Walls for AI as a required security and compliance layer for third-party AI tools used by major law firms, potentially strengthening its competitive moat. Intapp long-term investor takeaways
• Positive Sentiment: Management forecast fiscal 2027 non-GAAP EPS of $1.64 to $1.68. Analysts and commentators cited Celeste adoption, Microsoft partnerships and resilient fundamentals as potential longer-term growth drivers. Intapp fiscal 2027 earnings guidance
• Neutral Sentiment: Reported short interest was zero as of October 26, offering little evidence that short sellers are influencing the current move. Intapp short-interest information
• Negative Sentiment: The principal pressure on INTA is fiscal second-quarter guidance, which investors viewed as weak relative to expectations. The outlook overshadowed the Q1 beat and caused a sharp post-earnings selloff, although some analysts characterized the decline as a misunderstanding of the guidance rather than a deterioration in fundamentals. Intapp shares fall on weak second-quarter guidance

Analysts Set New Price Targets

Several research analysts recently commented on the company. Citigroup reissued a “neutral” rating and set a $40.00 target price (up from $36.00) on shares of Intapp in a research note on Wednesday. Truist Financial increased their price target on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Piper Sandler lifted their price objective on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. Finally, Oppenheimer reissued a “market perform” rating on shares of Intapp in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $40.71.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Intapp in the second quarter valued at about $133,660,000. Wellington Management Group LLP increased its position in Intapp by 5.8% during the 2nd quarter. Wellington Management Group LLP now owns 2,046,759 shares of the company’s stock worth $51,599,000 after purchasing an additional 112,735 shares during the period. Jennison Associates LLC raised its stake in shares of Intapp by 9.7% during the 1st quarter. Jennison Associates LLC now owns 2,008,826 shares of the company’s stock worth $51,607,000 after buying an additional 177,201 shares in the last quarter. Bamco Inc. NY purchased a new position in shares of Intapp during the 2nd quarter worth approximately $50,184,000. Finally, Praesidium Investment Management Company LLC purchased a new position in shares of Intapp during the 2nd quarter worth approximately $19,761,311. 89.96% of the stock is owned by hedge funds and other institutional investors.

About Intapp

Intapp, Inc develops cloud-based software for professional and financial services firms. Its platform is designed to help organizations manage client and relationship data, business development, risk and compliance processes, collaboration, time tracking, billing, and operational workflows.

The company’s product portfolio includes solutions for relationship management and deal management, professional-services time and billing, conflicts and compliance, document and information management, secure collaboration, and workflow automation.