Key Points
- CEO John Hall sold 3,000 Intapp shares at an average price of $40, generating $120,000. The sale occurred under a pre-arranged Rule 10b5-1 trading plan, leaving him with 5.81 million shares.
- Intapp’s stock opened at $39.55, with a market capitalization of approximately $3.03 billion and a 12-month trading range of $19.01 to $47.93.
- The company recently exceeded quarterly expectations, reporting $0.41 in EPS and $152.53 million in revenue, while analysts maintain an overall “Hold” rating with an average price target of $39.14.
Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the business's stock in a transaction on Monday, October 12th. The stock was sold at an average price of $40.00, for a total transaction of $120,000.00. Following the completion of the sale, the chief executive officer directly owned 5,814,808 shares of the company's stock, valued at $232,592,320. This represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Stock Down 0.2%
NASDAQ INTA opened at $39.55 on Thursday. The company has a 50-day simple moving average of $38.95 and a two-hundred day simple moving average of $29.69. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $47.93. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of -76.06, a PEG ratio of 15.31 and a beta of 0.34.
Intapp (NASDAQ:INTA - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $152.53 million for the quarter, compared to analysts' expectations of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%. The company's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period last year, the firm earned $0.27 earnings per share. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Equities analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
INTA has been the subject of several analyst reports. Truist Financial increased their target price on Intapp from $35.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Barclays lifted their price target on Intapp from $29.00 to $38.00 and gave the stock an "underweight" rating in a research note on Monday. Piper Sandler lifted their price target on Intapp from $25.00 to $34.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. UBS Group boosted their price objective on Intapp from $40.00 to $46.00 and gave the company a "buy" rating in a research report on Monday, September 21st. Finally, Zacks Research raised Intapp from a "strong sell" rating to a "hold" rating in a research note on Friday, August 28th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Intapp presently has an average rating of "Hold" and an average price target of $39.14.
View Our Latest Stock Report on Intapp
Institutional Investors Weigh In On Intapp
A number of large investors have recently added to or reduced their stakes in INTA. GK Wealth Management LLC purchased a new position in shares of Intapp in the third quarter valued at about $41,000. Allworth Financial LP bought a new position in shares of Intapp during the second quarter valued at about $33,000. Harbor Investment Advisory LLC bought a new position in shares of Intapp during the second quarter valued at about $36,000. Optiver Holding B.V. raised its stake 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 acquiring an additional 1,741 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Intapp by 109.5% during the third quarter. Versant Capital Management Inc now owns 1,823 shares of the company's stock valued at $66,000 after acquiring an additional 953 shares during the last quarter. 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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