Intapp, Inc. (NASDAQ:INTA - Get Free Report) insider David Harrison sold 40,284 shares of the business's stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $45.26, for a total transaction of $1,823,253.84. Following the sale, the insider owned 15,599 shares in the company, valued at $706,010.74. This trade represents a 72.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Trading Up 4.1%
Shares of NASDAQ:INTA opened at $47.18 on Friday. The company has a 50 day moving average of $39.66 and a 200-day moving average of $30.52. The firm has a market cap of $3.62 billion, a P/E ratio of -90.73, a P/E/G ratio of 17.50 and a beta of 0.34. Intapp, Inc. has a twelve month low of $19.01 and a twelve month high of $47.93.
Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. During the same quarter last year, the business earned $0.27 earnings per share. The business's revenue for the quarter was up 13.0% on a year-over-year basis. 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 research analysts forecast that Intapp, Inc. will post 0.07 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages have issued reports on INTA. Wall Street Zen raised Intapp from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Truist Financial boosted 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. Piper Sandler boosted their price objective on Intapp from $25.00 to $34.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Barclays upped their price objective on Intapp from $29.00 to $38.00 and gave the company an "underweight" rating in a report on Monday, October 12th. Finally, UBS Group upped their price target on shares of Intapp from $40.00 to $46.00 and gave the company a "buy" rating in a report on Monday, September 21st. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $39.14.
Read Our Latest Analysis on Intapp
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP bought a new position in shares of Intapp in the second quarter valued at $33,000. Harbor Investment Advisory LLC acquired a new stake in shares of Intapp during the 2nd quarter valued at $36,000. GK Wealth Management LLC bought a new stake in shares of Intapp during the 3rd quarter worth $41,000. Optiver Holding B.V. boosted its stake in shares of Intapp by 2,232.1% during the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company's stock worth $47,000 after acquiring an additional 1,741 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Intapp in the 2nd quarter worth $55,000. Institutional investors and hedge funds own 89.96% of the company's stock.
About Intapp
(
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.
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