Intapp (NASDAQ:INTA) Issues Q1 Earnings Guidance

Intapp (NASDAQ:INTA) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.12-0.14 for the period, compared to the consensus estimate of $0.12. The company issued revenue guidance of $117.2-118.2 million, compared to the consensus revenue estimate of $117.78 million. Intapp also updated its FY 2025 guidance to 0.590-0.630 EPS.

Intapp Stock Performance

Shares of NASDAQ INTA traded up $1.38 during mid-day trading on Tuesday, hitting $34.00. The stock had a trading volume of 925,952 shares, compared to its average volume of 603,583. The firm has a market cap of $2.50 billion, a P/E ratio of -55.74 and a beta of 0.61. Intapp has a 1 year low of $30.36 and a 1 year high of $45.43. The business has a 50 day moving average price of $34.96 and a two-hundred day moving average price of $35.79.

Analyst Upgrades and Downgrades

INTA has been the topic of a number of recent analyst reports. Oppenheimer reiterated a market perform rating on shares of Intapp in a research report on Monday, July 8th. Piper Sandler reduced their price objective on shares of Intapp from $52.00 to $46.00 and set an overweight rating on the stock in a research report on Friday, May 10th. Citigroup dropped their target price on shares of Intapp from $52.00 to $50.00 and set a buy rating for the company in a research report on Friday, June 28th. BTIG Research decreased their price target on shares of Intapp from $55.00 to $50.00 and set a buy rating for the company in a research note on Wednesday, May 8th. Finally, Stifel Nicolaus cut their price objective on Intapp from $47.00 to $45.00 and set a buy rating on the stock in a research report on Wednesday, April 24th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of Moderate Buy and a consensus price target of $45.88.

Insiders Place Their Bets

In related news, COO Donald F. Coleman sold 5,000 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $34.94, for a total transaction of $174,700.00. Following the sale, the chief operating officer now directly owns 648,411 shares of the company’s stock, valued at approximately $22,655,480.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Thad Jampol sold 15,000 shares of Intapp stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $34.67, for a total value of $520,050.00. Following the completion of the sale, the insider now directly owns 749,652 shares in the company, valued at approximately $25,990,434.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Donald F. Coleman sold 5,000 shares of the stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $34.94, for a total transaction of $174,700.00. Following the transaction, the chief operating officer now owns 648,411 shares in the company, valued at approximately $22,655,480.34. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,224 shares of company stock valued at $1,733,631. 36.56% of the stock is currently owned by corporate insiders.

Intapp Company Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.