Key Points
- CEO John Hall sold 3,000 Intapp shares at an average price of $37.93, generating $113,790 under a pre-arranged Rule 10b5-1 trading plan. He retains approximately 5.81 million shares, so the sale reduced his ownership by just 0.05%.
- Intapp reported quarterly revenue of $152.53 million and adjusted earnings of $0.41 per share, exceeding analyst estimates; revenue increased 13% year over year, despite the company posting negative net margins.
- Analyst sentiment is mixed, with four Buy, four Hold, and two Sell ratings. The stock has a consensus rating of Hold and a $37.86 price target, while institutional investors own nearly 90% of outstanding shares.
Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the firm's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $37.93, for a total value of $113,790.00. Following the transaction, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $220,555,667.44. This represents a 0.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Price Performance
Shares of INTA opened at $37.00 on Thursday. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $47.93. The stock has a 50 day simple moving average of $35.96 and a two-hundred day simple moving average of $28.04. The firm has a market cap of $2.83 billion, a P/E ratio of -71.15, a P/E/G ratio of 14.47 and a beta of 0.45.
Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The firm had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. During the same period in the previous year, the business posted $0.27 EPS. The business's quarterly revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. On average, equities analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on INTA. Weiss Ratings reissued a "sell (e+)" rating on shares of Intapp in a research note on Wednesday, September 2nd. Zacks Research upgraded shares of Intapp from a "strong sell" rating to a "hold" rating in a report on Friday, August 28th. Piper Sandler upped their price objective on shares of Intapp from $25.00 to $34.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. Truist Financial raised their target price on shares of Intapp from $35.00 to $45.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Intapp from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $37.86.
Check Out Our Latest Report on Intapp
Hedge Funds Weigh In On Intapp
Several institutional investors and hedge funds have recently added to or reduced their stakes in INTA. Allworth Financial LP purchased a new position in Intapp during the 2nd quarter valued at about $33,000. Harbor Investment Advisory LLC bought a new position in shares of Intapp during the second quarter valued at approximately $36,000. Optiver Holding B.V. lifted its holdings in shares of Intapp by 2,232.1% during the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company's stock valued at $47,000 after purchasing an additional 1,741 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Intapp in the 2nd quarter worth approximately $55,000. Finally, State of Wyoming increased its position in Intapp by 81.9% during the 1st quarter. State of Wyoming now owns 2,905 shares of the company's stock valued at $75,000 after buying an additional 1,308 shares in the last quarter. Hedge funds and other institutional investors own 89.96% of the company's stock.
Intapp Company Profile
(
Get Free Report)
Intapp, Inc provides cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client relationships, business development, collaboration, time and expense tracking, billing, compliance, conflicts of interest, and other operational workflows.
The company's products include DealCloud, a relationship intelligence and deal management platform for private capital markets and investment banking firms; Intapp Documents, which supports document and collaboration workflows; Intapp Time and Intapp Bill, which address time capture and billing processes; and solutions for managing conflicts, engagements, terms, and information barriers.
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