Intapp (NASDAQ:INTA) Insider Sells $365,066.82 in Stock

Intapp, Inc. (NASDAQ:INTA) insider Michele Murgel sold 14,591 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the transaction, the insider directly owned 233,632 shares in the company, valued at $5,845,472.64. This trade represents a 5.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intapp Stock Up 3.9%

INTA stock opened at $27.39 on Friday. The business’s 50-day moving average price is $22.83 and its 200-day moving average price is $28.27. The stock has a market cap of $2.11 billion, a P/E ratio of -59.54, a PEG ratio of 2.92 and a beta of 0.47. Intapp, Inc. has a twelve month low of $19.01 and a twelve month high of $49.10.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The company had revenue of $146.04 million during the quarter, compared to analyst estimates of $144.32 million. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. On average, equities research analysts expect that Intapp, Inc. will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of Intapp

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. AMS Capital Ltda lifted its stake in Intapp by 83.6% in the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after purchasing an additional 147,567 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of Intapp by 2,232.1% in the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after purchasing an additional 1,741 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Intapp by 2.3% in the first quarter. Bank of America Corp DE now owns 595,750 shares of the company’s stock worth $15,305,000 after buying an additional 13,179 shares in the last quarter. Amundi lifted its position in shares of Intapp by 14.5% in the first quarter. Amundi now owns 26,047 shares of the company’s stock worth $669,000 after buying an additional 3,305 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in Intapp by 41.7% during the first quarter. California State Teachers Retirement System now owns 76,354 shares of the company’s stock valued at $1,962,000 after buying an additional 22,478 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on INTA shares. Citigroup lifted their target price on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Barclays increased their price target on Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. decreased their price target on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $34.57.

Intapp Company Profile

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.