Key Points
- CEO John Hall sold 3,000 Intapp shares for approximately $141,960 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his stake by just 0.05%, leaving him with more than 5.8 million shares.
- Intapp reported quarterly results above expectations, with EPS of $0.44 versus the $0.40 consensus and revenue of $161.26 million, up 16% year over year.
- Analysts maintain a consensus “Hold” rating with a $40.71 price target, while institutional investors own nearly 90% of the company’s stock.
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 26th. The stock was sold at an average price of $47.32, for a total value of $141,960.00. Following the completion of the transaction, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $275,156,714.56. This represents a 0.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intapp Price Performance
Shares of NASDAQ:INTA opened at $40.34 on Thursday. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $48.19. The company has a market capitalization of $3.09 billion, a PE ratio of -77.58, a price-to-earnings-growth ratio of 18.53 and a beta of 0.34. The business has a fifty day moving average price of $40.03 and a two-hundred day moving average price of $30.24.
Intapp (NASDAQ:INTA - Get Free Report) last released its earnings results on Tuesday, October 27th. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. The company had revenue of $161.26 million for the quarter, compared to analysts' expectations of $159.63 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%. The business's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 EPS. Sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. State of Wyoming grew its stake in shares of Intapp by 320.6% during the 3rd quarter. State of Wyoming now owns 13,090 shares of the company's stock worth $474,000 after acquiring an additional 9,978 shares during the period. Sterling Capital Management LLC increased its holdings in Intapp by 800.5% in the 3rd quarter. Sterling Capital Management LLC now owns 1,774 shares of the company's stock worth $64,000 after acquiring an additional 1,577 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in Intapp by 162.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,125 shares of the company's stock worth $113,000 after acquiring an additional 1,933 shares during the last quarter. GK Wealth Management LLC bought a new stake in Intapp in the 3rd quarter valued at about $41,000. Finally, Argent Capital Management LLC bought a new stake in Intapp in the 3rd quarter valued at about $674,000. Hedge funds and other institutional investors own 89.96% of the company's stock.
Analysts Set New Price Targets
A number of research firms recently issued reports on INTA. Weiss Ratings restated a "sell (e+)" rating on shares of Intapp in a report on Wednesday, September 2nd. Oppenheimer reiterated a "market perform" rating on shares of Intapp in a research note on Wednesday. UBS Group reissued a "mixed" rating on shares of Intapp in a research report on Wednesday. Citigroup raised their price target on shares of Intapp from $36.00 to $40.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Barclays lifted their price target on shares of Intapp from $29.00 to $38.00 and gave the stock an "underweight" rating in a report on Monday, October 12th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $40.71.
Get Our Latest Stock Report on INTA
Key Stories Impacting Intapp
Here are the key news stories impacting Intapp this week:
- Positive Sentiment: Q1 results exceeded expectations: Intapp reported adjusted EPS of $0.44 versus the $0.40 consensus estimate and revenue of $161.26 million versus expectations of $159.63 million. Revenue increased 16% year over year, while EPS rose from $0.24 in the prior-year quarter. Intapp Q1 fiscal 2027 earnings results
- Positive Sentiment: AI demand remains a growth catalyst: Management said demand for the Celeste AI platform is creating an implementation backlog as Intapp works to hire additional deployment engineers. The company is also positioning Intapp Walls for AI as a security and compliance layer for third-party AI tools used by major law firms, potentially strengthening its competitive position. Intapp long-term investor takeaways
- Positive Sentiment: Cloud transition is progressing: Reports highlighted cloud annual recurring revenue reaching approximately 85%, while management forecast fiscal 2027 non-GAAP EPS of $1.64 to $1.68 as Celeste adoption and deployment capacity expand. Intapp fiscal 2027 guidance
- Neutral Sentiment: CEO stock sale: Chief Executive Officer John Hall sold 3,000 shares for about $141,960 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his holdings by only 0.05%, leaving him with more than 5.8 million shares, limiting its signaling value. Intapp CEO SEC Form 4 filing
- Negative Sentiment: Near-term guidance disappointed: Intapp’s second-quarter outlook was viewed as weak, prompting a sharp selloff even though the company beat Q1 estimates. Investors appear concerned that Celeste implementation costs, hiring and deployment timing may weigh on short-term growth and profitability. Intapp shares and second-quarter guidance
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.
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