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

Key Points

• CEO John Hall sold 3,000 Intapp shares at an average price of $36.50, generating $109,500. The transaction was made under a pre-arranged Rule 10b5-1 trading plan and reduced his ownership by 0.05%.
• Intapp shares recently traded at $37.60, within a 12-month range of $19.01 to $47.93. The company reported quarterly EPS of $0.41, exceeding estimates by $0.05, while revenue rose 13% year over year to $152.53 million.
• Analyst sentiment is mixed, with four Buy, four Hold, and two Sell ratings; the consensus rating is Hold with an average price target of $37.86. Institutional investors own nearly 90% of the company.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $36.50, for a total transaction of $109,500.00. Following the transaction, the chief executive officer 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 sale 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 Price Performance

NASDAQ INTA traded up $0.57 during trading on Wednesday, reaching $37.60. 826,018 shares of the company's stock traded hands, compared to its average volume of 979,372. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $47.93. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of -72.31, a price-to-earnings-growth ratio of 14.43 and a beta of 0.34. The company's 50 day simple moving average is $38.24 and its two-hundred day simple moving average is $29.10.

Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $152.53 million during the quarter, compared to analysts' expectations of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The company's revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Research analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on INTA shares. Weiss Ratings reissued a "sell (e+)" rating on shares of Intapp in a research report on Wednesday, September 2nd. UBS Group lifted their target price on Intapp from $40.00 to $46.00 and gave the company a "buy" rating in a research note on Monday, September 21st. Zacks Research raised shares of Intapp from a "strong sell" rating to a "hold" rating in a research report on Friday, August 28th. Piper Sandler raised their price target on shares of Intapp from $25.00 to $34.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Intapp from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Four investment 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. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $37.86.

Institutional Trading of Intapp

Large investors have recently bought and sold shares of the stock. Allworth Financial LP acquired a new stake in shares of Intapp during the second quarter worth $33,000. Harbor Investment Advisory LLC purchased a new position in Intapp in the 2nd quarter worth $36,000. Optiver Holding B.V. raised its stake in Intapp by 2,232.1% in the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company's stock worth $47,000 after acquiring an additional 1,741 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Intapp in the 2nd quarter worth $55,000. Finally, Versant Capital Management Inc lifted its position in 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 acquiring an additional 953 shares during the period. 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.

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