Key Points
- CEO John Hall sold 3,000 Intapp shares at an average price of $36.50, generating $109,500. The transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 0.05%.
- 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 is mixed, with an overall “Hold” rating and a consensus price target of $37.86; institutional investors own approximately 89.96% of the company’s stock.
Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the company's stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $36.50, for a total value of $109,500.00. Following the sale, the chief executive officer owned 5,814,808 shares in the company, valued at approximately $212,240,492. This trade represents a 0.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Stock Performance
Shares of Intapp stock opened at $37.60 on Thursday. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of -72.31, a price-to-earnings-growth ratio of 14.30 and a beta of 0.34. The stock has a 50 day moving average price of $38.36 and a 200-day moving average price of $29.18. Intapp, Inc. has a one year low of $19.01 and a one year high of $47.93.
Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. The company had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.Intapp's quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Sell-side analysts predict that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. Zacks Research raised shares of Intapp from a "strong sell" rating to a "hold" rating in a research note on Friday, August 28th. Truist Financial upped their price target on shares of Intapp from $35.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. UBS Group increased their price objective on shares of Intapp from $40.00 to $46.00 and gave the stock a "buy" rating in a research report on Monday, September 21st. Barclays raised their price objective on shares of Intapp from $25.00 to $29.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Intapp in a research report on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $37.86.
Read Our Latest Research Report on Intapp
Institutional Trading of Intapp
Several institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Intapp in the second quarter worth about $133,660,000. Bamco Inc. NY lifted its holdings in Intapp by 15.5% during the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company's stock valued at $152,488,000 after buying an additional 447,039 shares in the last quarter. Capital World Investors boosted its position in Intapp by 3.5% in the 4th quarter. Capital World Investors now owns 2,992,169 shares of the company's stock valued at $137,101,000 after buying an additional 100,000 shares during the period. Wellington Management Group LLP boosted its position in Intapp by 5.8% in the 2nd quarter. Wellington Management Group LLP now owns 2,046,759 shares of the company's stock valued at $51,599,000 after buying an additional 112,735 shares during the period. Finally, Jennison Associates LLC grew its stake in Intapp by 9.7% in the 1st quarter. Jennison Associates LLC now owns 2,008,826 shares of the company's stock worth $51,607,000 after acquiring an additional 177,201 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors.
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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