Key Points
- CEO John Hall sold 800 Intapp shares for $29,208 at an average price of $36.51 under a pre-arranged Rule 10b5-1 plan. He still directly owns approximately 5.81 million shares, worth about $212.3 million.
- Intapp recently exceeded quarterly expectations, reporting EPS of $0.41 versus a $0.36 consensus estimate and revenue of $152.53 million. Revenue increased 13% year over year, although the company remains unprofitable on a net-margin basis.
- Analyst sentiment is mixed, with a consensus rating of Hold and an average price target of $37.86. Institutional investors own nearly 90% of the company’s shares, while several major funds recently increased their positions.
Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 800 shares of the company's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $36.51, for a total transaction of $29,208.00. Following the transaction, the chief executive officer directly owned 5,814,808 shares of the company's stock, valued at approximately $212,298,640.08. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Trading Down 2.9%
Intapp stock opened at $36.49 on Friday. The firm has a market cap of $2.79 billion, a P/E ratio of -70.17, a P/E/G ratio of 14.51 and a beta of 0.34. Intapp, Inc. has a 1-year low of $19.01 and a 1-year high of $47.93. The firm has a 50-day moving average of $37.96 and a 200-day moving average of $28.91.
Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly 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 the consensus estimate of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.Intapp's revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Research analysts forecast that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Piper Sandler upped their target price on Intapp from $25.00 to $34.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Intapp from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. UBS Group boosted their price objective on shares of Intapp from $40.00 to $46.00 and gave the company a "buy" rating in a research report on Monday, September 21st. Truist Financial boosted their price objective on shares of Intapp from $35.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Finally, Barclays upped their price objective on shares of Intapp from $25.00 to $29.00 and gave the stock an "underweight" rating in a report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $37.86.
Get Our Latest Research Report on INTA
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Bamco Inc. NY raised its position in shares of Intapp by 15.5% in the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company's stock worth $152,488,000 after acquiring an additional 447,039 shares in the last quarter. Capital World Investors boosted its position in shares of Intapp by 3.5% during the fourth quarter. Capital World Investors now owns 2,992,169 shares of the company's stock valued at $137,101,000 after purchasing an additional 100,000 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Intapp during the second quarter valued at approximately $133,660,000. Praesidium Investment Management Company LLC grew its stake in Intapp by 5.7% in the fourth quarter. Praesidium Investment Management Company LLC now owns 1,841,850 shares of the company's stock worth $84,394,000 after purchasing an additional 98,767 shares during the period. Finally, Geode Capital Management LLC grew its stake in Intapp by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 1,469,208 shares of the company's stock worth $67,328,000 after purchasing an additional 31,557 shares during the period. Hedge funds and other institutional investors own 89.96% of the company's stock.
Intapp Company Profile
(
Get Free Report)
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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