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

Key Points

• CEO John Hall sold 3,000 Intapp shares at an average price of $40, generating $120,000; the transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 0.05%.
• Intapp shares recently traded at $39.55, with the company reporting quarterly EPS of $0.41 and revenue of $152.53 million, both above analyst expectations. Revenue increased 13% year over year.
• Analyst sentiment is mixed, with four Buy, four Hold, and two Sell ratings; the average price target is $39.14, while institutional investors own nearly 90% of the company.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the business's stock in a transaction on Monday, October 12th. The stock was sold at an average price of $40.00, for a total value of $120,000.00. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at $232,592,320. This trade represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Down 0.2%

Shares of NASDAQ:INTA traded down $0.09 on Wednesday, hitting $39.55. 545,295 shares of the company traded hands, compared to its average volume of 966,963. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93. The stock has a 50 day simple moving average of $38.90 and a 200-day simple moving average of $29.59. The company has a market cap of $3.03 billion, a PE ratio of -76.06, a PEG ratio of 15.31 and a beta of 0.34.

Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05. The company had revenue of $152.53 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm posted $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. As a group, sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Hedge Funds Weigh In On Intapp

A number of hedge funds have recently bought and sold shares of the business. Bamco Inc. NY lifted its stake in Intapp by 15.5% during the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company's stock valued at $152,488,000 after acquiring an additional 447,039 shares during the period. BlackRock Inc. purchased a new stake in shares of Intapp during the 2nd quarter valued at about $133,660,000. Jennison Associates LLC grew its stake in shares of Intapp by 9.7% in the first quarter. Jennison Associates LLC now owns 2,008,826 shares of the company's stock worth $51,607,000 after acquiring an additional 177,201 shares during the period. Wellington Management Group LLP grew its stake in shares of Intapp by 5.8% in the second quarter. Wellington Management Group LLP now owns 2,046,759 shares of the company's stock worth $51,599,000 after acquiring an additional 112,735 shares during the period. Finally, Praesidium Investment Management Company LLC bought a new stake in shares of Intapp in the second quarter worth approximately $19,761,311. Hedge funds and other institutional investors own 89.96% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Piper Sandler increased 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. Barclays boosted their price objective on shares of Intapp from $29.00 to $38.00 and gave the stock an "underweight" rating in a report on Monday. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Intapp in a research report on Wednesday, September 2nd. Truist Financial upped their price objective on Intapp from $35.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Finally, UBS Group increased 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. 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 company. According to MarketBeat, Intapp has an average rating of "Hold" and an average price target of $39.14.

Intapp Company Profile

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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