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

Key Points

• CEO John Hall sold 3,000 Intapp shares for approximately $141,960 under a pre-arranged Rule 10b5-1 trading plan, reducing his stake by 0.05% while retaining about 5.81 million shares.
• Intapp shares fell 6.1% to $40.34 amid elevated trading volume, despite trading near the middle of its $19.01–$48.19 yearly range.
• The company exceeded quarterly expectations with adjusted EPS of $0.44 versus $0.40 expected and revenue of $161.26 million, up 16% year over year; however, analysts maintained a consensus “Hold” rating with an average price target of $40.71.

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

Intapp Stock Down 6.1%

Shares of INTA traded down $2.61 during midday trading on Wednesday, reaching $40.34. The company had a trading volume of 1,889,910 shares, compared to its average volume of 964,039. Intapp, Inc. has a 1-year low of $19.01 and a 1-year high of $48.19. The stock has a market cap of $3.09 billion, a PE ratio of -77.58, a price-to-earnings-growth 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 - Get Free Report) 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. The business had revenue of $161.26 million for the quarter, compared to analyst estimates of $159.63 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%. The company's quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 EPS. As a group, sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Intapp from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Oppenheimer reiterated a "market perform" rating on shares of Intapp in a report on Wednesday. Barclays upped their price objective on Intapp from $29.00 to $38.00 and gave the company an "underweight" rating in a report on Monday, October 12th. Citigroup reissued a "neutral" rating and issued a $40.00 price target (up from $36.00) on shares of Intapp in a research note on Wednesday. Finally, UBS Group restated a "mixed" rating on shares of Intapp in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $40.71.

Hedge Funds Weigh In On Intapp

Several hedge funds have recently bought and sold shares of the company. Allworth Financial LP purchased a new position in Intapp during the 2nd quarter valued at about $33,000. Harbor Investment Advisory LLC purchased a new stake in Intapp during the second quarter worth about $36,000. GK Wealth Management LLC purchased a new stake in Intapp during the third quarter worth about $41,000. Optiver Holding B.V. increased its stake in Intapp by 2,232.1% during the first 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 during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Intapp during the second quarter worth about $55,000. Institutional investors and hedge funds own 89.96% of the company's stock.

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

Intapp Company Profile

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.

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