Thad Jampol Sells 2,968 Shares of Intapp (NASDAQ:INTA) Stock

Key Points

• Thad Jampol sold 2,968 shares of Intapp (NASDAQ:INTA) at an average price of $41.80, totaling approximately $124,062 from the sale.
• Intapp reported $0.27 EPS for the quarter, exceeding estimates of $0.23, and had revenue of $135.04 million, which was also above expectations.
• The company's board authorized a stock buyback plan of $150 million, allowing repurchase of up to 5.2% of its shares, signaling potential undervaluation.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) insider Thad Jampol sold 2,968 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $41.80, for a total transaction of $124,062.40. Following the completion of the sale, the insider owned 879,434 shares of the company's stock, valued at approximately $36,760,341.20. The trade was a 0.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Thad Jampol also recently made the following trade(s):

• On Wednesday, August 20th, Thad Jampol sold 6,184 shares of Intapp stock. The stock was sold at an average price of $42.06, for a total transaction of $260,099.04.

Intapp Stock Performance

Shares of NASDAQ INTA traded up $0.78 during midday trading on Monday, reaching $43.60. 1,412,920 shares of the stock were exchanged, compared to its average volume of 742,219. The company has a 50 day simple moving average of $44.75 and a 200 day simple moving average of $53.85. The stock has a market capitalization of $3.58 billion, a P/E ratio of -181.67, a PEG ratio of 13.25 and a beta of 0.73. Intapp, Inc. has a twelve month low of $35.51 and a twelve month high of $77.74.

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

Intapp announced that its board has authorized a stock buyback plan on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to buy up to 5.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

Institutional Investors Weigh In On Intapp

Several institutional investors have recently modified their holdings of INTA. First Trust Advisors LP lifted its position in shares of Intapp by 149.4% during the 4th quarter. First Trust Advisors LP now owns 130,645 shares of the company's stock worth $8,373,000 after purchasing an additional 78,257 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Intapp by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 859,709 shares of the company's stock valued at $55,101,000 after acquiring an additional 6,541 shares during the last quarter. MetLife Investment Management LLC lifted its position in Intapp by 41.4% in the fourth quarter. MetLife Investment Management LLC now owns 32,105 shares of the company's stock valued at $2,058,000 after acquiring an additional 9,395 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Intapp by 669.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 152,992 shares of the company's stock valued at $9,806,000 after acquiring an additional 133,108 shares during the last quarter. Finally, Voya Investment Management LLC lifted its position in Intapp by 678.8% in the fourth quarter. Voya Investment Management LLC now owns 99,087 shares of the company's stock valued at $6,350,000 after acquiring an additional 86,364 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INTA. UBS Group dropped their target price on shares of Intapp from $83.00 to $72.00 and set a "buy" rating for the company in a report on Wednesday, August 13th. Piper Sandler upgraded shares of Intapp to a "neutral" rating and set a $55.00 target price for the company in a report on Tuesday, June 24th. Wall Street Zen cut shares of Intapp from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 21st. Citigroup decreased their price target on shares of Intapp from $66.00 to $53.00 and set a "neutral" rating for the company in a research report on Wednesday, July 16th. Finally, Stifel Nicolaus decreased their price target on shares of Intapp from $65.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, July 8th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $60.63.

Intapp Company Profile

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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