Insider Selling: Intapp (NASDAQ:INTA) Insider Sells 4,800 Shares of Company Stock

Key Points

• Intapp insider Thad Jampol sold 4,800 shares at an average price of $40.39, generating $193,872. The transaction was made under a pre-arranged Rule 10b5-1 plan, leaving him with 928,585 shares.
• Intapp shares were down 0.2% at $39.55, while the company reported quarterly revenue of $152.53 million, up 13% year over year, and adjusted EPS of $0.41—beating analysts’ expectations.
• Analyst sentiment is mixed, with four Buy, four Hold, and two Sell ratings; the consensus price target is $39.14. Institutional investors own approximately 89.96% of the company’s stock.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) insider Thad Jampol sold 4,800 shares of Intapp stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $40.39, for a total value of $193,872.00. Following the sale, the insider directly owned 928,585 shares of the company's stock, valued at approximately $37,505,548.15. This represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 Stock Down 0.2%

Shares of NASDAQ:INTA traded down $0.09 during midday trading on Wednesday, reaching $39.55. The company's stock had a trading volume of 545,295 shares, compared to its average volume of 966,963. The stock has a fifty day moving average of $38.90 and a 200 day moving average of $29.59. Intapp, Inc. has a twelve month low of $19.01 and a twelve month high of $47.93. The firm has a market capitalization of $3.03 billion, a PE ratio of -76.06, a P/E/G ratio of 15.31 and a beta of 0.34.

Intapp (NASDAQ:INTA - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The company had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The firm's quarterly revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Institutional Trading of Intapp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC purchased a new position in shares of Intapp in the 2nd quarter valued at about $12,650,000. Alamar Capital Management LLC purchased a new position in Intapp during the second quarter worth approximately $2,040,000. Bank of America Corp DE purchased a new position in Intapp during the second quarter worth approximately $12,344,000. AMS Capital Ltda boosted its position in Intapp by 83.6% during the first quarter. AMS Capital Ltda now owns 324,186 shares of the company's stock worth $8,328,000 after purchasing an additional 147,567 shares in the last quarter. Finally, Praesidium Investment Management Company LLC acquired a new stake in Intapp in the second quarter valued at approximately $19,761,311. Institutional investors and hedge funds own 89.96% of the company's stock.

Wall Street Analysts Forecast Growth

INTA has been the topic of a number of recent research reports. Zacks Research upgraded Intapp from a "strong sell" rating to a "hold" rating in a research note on Friday, August 28th. Truist Financial raised their target price on Intapp from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Piper Sandler lifted their price target on Intapp from $25.00 to $34.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded Intapp from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Finally, UBS Group boosted their price target on Intapp from $40.00 to $46.00 and gave the company a "buy" rating in a report on Monday, September 21st. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $39.14.

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.

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