Insider Selling: Intapp (NASDAQ:INTA) CEO Sells 8,000 Shares of Stock

Key Points

• Intapp CEO John Hall sold 8,000 shares of the company's stock for approximately $347,680, reducing his position by 0.14% while still owning around 5.6 million shares valued at over $243 million.
• The company has initiated a $150 million stock repurchase plan, suggesting management believes the stock is undervalued.
• Intapp reported a Q1 2025 earnings beat with an EPS of $0.27 against a consensus estimate of $0.23, and revenue growth of 18.1% year-over-year.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 8,000 shares of the company's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $43.46, for a total value of $347,680.00. Following the completion of the transaction, the chief executive officer directly owned 5,598,775 shares in the company, valued at $243,322,761.50. The trade was a 0.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Intapp Price Performance

Shares of Intapp stock traded up $0.78 on Monday, hitting $43.60. The stock had a trading volume of 1,412,920 shares, compared to its average volume of 1,352,024. Intapp, Inc. has a twelve month low of $35.51 and a twelve month high of $77.74. The business's 50 day moving average is $44.75 and its two-hundred day moving average is $53.85.

Intapp (NASDAQ:INTA - Get Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.23 by $0.04. The company had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The firm's revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Equities research analysts expect that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to purchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on INTA. Wall Street Zen cut Intapp from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 21st. Piper Sandler upgraded Intapp to a "neutral" rating and set a $55.00 price target for the company in a research note on Tuesday, June 24th. Citigroup cut their price target on Intapp from $66.00 to $53.00 and set a "neutral" rating for the company in a research note on Wednesday, July 16th. UBS Group cut their target price on Intapp from $83.00 to $72.00 and set a "buy" rating for the company in a research note on Wednesday, August 13th. Finally, Barclays boosted their price target on Intapp from $44.00 to $47.00 and gave the stock an "underweight" rating in a report on Wednesday, August 13th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $60.63.

Institutional Trading of Intapp

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Intapp by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company's stock worth $388,352,000 after purchasing an additional 283,923 shares during the last quarter. Bamco Inc. NY raised its position in Intapp by 7.5% during the 2nd quarter. Bamco Inc. NY now owns 2,699,877 shares of the company's stock worth $139,368,000 after purchasing an additional 188,915 shares during the last quarter. Invesco Ltd. raised its position in Intapp by 6.1% during the 1st quarter. Invesco Ltd. now owns 2,100,618 shares of the company's stock worth $122,634,000 after purchasing an additional 120,112 shares during the last quarter. Alliancebernstein L.P. raised its position in Intapp by 7.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,782,521 shares of the company's stock worth $104,064,000 after purchasing an additional 127,655 shares during the last quarter. Finally, Jennison Associates LLC raised its position in Intapp by 5.3% during the 2nd quarter. Jennison Associates LLC now owns 1,631,528 shares of the company's stock worth $84,219,000 after purchasing an additional 81,518 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

About Intapp

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.

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