Key Points
- Intapp CEO John Hall sold 3,000 shares at an average price of $36.74, totaling $110,220, under a pre-arranged Rule 10b5-1 trading plan. He continues to directly own approximately 5.81 million shares.
- Intapp recently exceeded quarterly expectations, reporting adjusted EPS of $0.41 versus the $0.36 consensus and revenue of $152.53 million, up 13% year over year.
- Analyst sentiment remains mixed, with four Buy, four Hold, and two Sell ratings; the consensus rating is Hold with an average price target of $37.86.
Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the business's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $36.74, for a total transaction of $110,220.00. Following the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at $213,636,045.92. This trade represents a 0.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Stock Up 1.0%
NASDAQ:INTA opened at $36.46 on Thursday. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of -70.12, a price-to-earnings-growth ratio of 13.93 and a beta of 0.45. Intapp, Inc. has a twelve month low of $19.01 and a twelve month high of $47.93. The stock's 50 day moving average price is $36.80 and its two-hundred day moving average price is $28.42.
Intapp (NASDAQ:INTA - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.05. The company had revenue of $152.53 million for the quarter, compared to analysts' expectations of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. Intapp's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $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, analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in Intapp in the 2nd quarter valued at approximately $133,660,000. Bamco Inc. NY acquired a new position in shares of Intapp in the second quarter valued at approximately $50,184,000. Praesidium Investment Management Company LLC bought a new position in Intapp in the 2nd quarter valued at approximately $19,761,311. Norges Bank bought a new position in Intapp in the 4th quarter valued at approximately $32,302,000. Finally, TimesSquare Capital Management LLC acquired a new stake in Intapp during the 2nd quarter worth approximately $12,650,000. Institutional investors and hedge funds own 89.96% of the company's stock.
Analyst Ratings Changes
Several research firms recently commented on INTA. Weiss Ratings restated 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 research report on Friday, August 28th. Wall Street Zen upgraded Intapp from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. UBS Group increased their price target on Intapp from $40.00 to $46.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Truist Financial raised their price objective on Intapp from $35.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. 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 stock. According to MarketBeat.com, Intapp currently has an average rating of "Hold" and an average target price of $37.86.
Check Out Our Latest Stock Report on INTA
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.
Further Reading
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