Key Points
- CEO John Hall sold 3,000 Intapp shares at an average price of $44.35, generating $133,050. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced his direct stake by 0.05%.
- Intapp recently reported stronger-than-expected quarterly results, with EPS of $0.41 versus the $0.36 consensus estimate and revenue of $152.53 million, up 13% year over year.
- Analyst sentiment remains mixed: the stock carries a consensus “Hold” rating and a $39.14 target price, below its reported opening price of $45.33.
Intapp, Inc. (NASDAQ:INTA - Get Free Report) CEO John Hall sold 3,000 shares of the firm's stock in a transaction dated Monday, October 19th. The shares were sold at an average price of $44.35, for a total value of $133,050.00. Following the transaction, the chief executive officer directly owned 5,814,808 shares of the company's stock, valued at $257,886,734.80. This represents a 0.05% decrease in their position. The sale was disclosed in a filing 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 Up 1.2%
NASDAQ:INTA opened at $45.33 on Thursday. The business's 50-day moving average price is $39.54 and its 200 day moving average price is $30.37. The firm has a market cap of $3.48 billion, a P/E ratio of -87.17, a PEG ratio of 17.29 and a beta of 0.34. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93.
Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $149.75 million. During the same period in the previous year, the business earned $0.27 earnings per share. Intapp's revenue for the quarter was up 13.0% compared to the same quarter last year. 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 expect that Intapp, Inc. will post 0.07 EPS for the current year.
Analyst Upgrades and Downgrades
INTA has been the topic of several recent research reports. Truist Financial lifted their price objective on shares of Intapp from $35.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Barclays increased their target price on shares of Intapp from $29.00 to $38.00 and gave the company an "underweight" rating in a research note on Monday, October 12th. Weiss Ratings restated a "sell (e+)" rating on shares of Intapp in a report 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. Finally, UBS Group lifted their price target 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. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $39.14.
Check Out Our Latest Stock Analysis on INTA
Institutional Investors Weigh In On Intapp
A number of institutional investors and hedge funds have recently modified their holdings of INTA. Nisa Investment Advisors LLC raised its position in shares of Intapp by 162.2% during the third quarter. Nisa Investment Advisors LLC now owns 3,125 shares of the company's stock worth $113,000 after purchasing an additional 1,933 shares during the period. GK Wealth Management LLC acquired a new position in shares of Intapp in the 3rd quarter valued at $41,000. Argent Capital Management LLC acquired a new position in shares of Intapp in the 3rd quarter valued at $674,000. Versant Capital Management Inc boosted its position in shares of Intapp by 109.5% in the 3rd quarter. Versant Capital Management Inc now owns 1,823 shares of the company's stock valued at $66,000 after purchasing an additional 953 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in Intapp in the 2nd quarter worth about $55,000. 89.96% of the stock is owned by institutional investors and hedge funds.
Intapp Company Profile
(
Get Free Report)
Intapp, Inc develops cloud-based software for professional and financial services firms. Its platform is designed to help organizations manage client and relationship data, business development, risk and compliance processes, collaboration, time tracking, billing, and operational workflows.
The company's product portfolio includes solutions for relationship management and deal management, professional-services time and billing, conflicts and compliance, document and information management, secure collaboration, and workflow automation.
Further Reading
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