Intapp (NASDAQ:INTA) Issues Q2 Earnings Guidance

Intapp (NASDAQ:INTA) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.15-0.17 for the period, compared to the consensus estimate of $0.14. The company issued revenue guidance of $120.5-121.5 million, compared to the consensus revenue estimate of $120.83 million. Intapp also updated its FY 2025 guidance to 0.730-0.770 EPS.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on INTA shares. Barclays increased their price target on Intapp from $44.00 to $48.00 and gave the company an “equal weight” rating in a research note on Tuesday. Citigroup raised their target price on shares of Intapp from $52.00 to $63.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. Piper Sandler reissued an “overweight” rating and issued a $60.00 price target (up from $46.00) on shares of Intapp in a report on Tuesday. UBS Group boosted their price objective on Intapp from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, August 14th. Finally, Bank of America lowered their target price on Intapp from $52.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, August 14th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Intapp presently has an average rating of “Moderate Buy” and a consensus target price of $53.55.

Intapp Stock Up 0.5 %

Shares of INTA stock traded up $0.30 on Thursday, reaching $59.06. The company had a trading volume of 405,251 shares, compared to its average volume of 646,776. The stock has a market capitalization of $4.55 billion, a PE ratio of -201.59 and a beta of 0.64. The business’s 50-day moving average is $48.01 and its 200 day moving average is $40.06. Intapp has a one year low of $30.36 and a one year high of $59.43.

Intapp (NASDAQ:INTA) last issued its earnings results on Monday, November 4th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. The firm had revenue of $118.81 million for the quarter, compared to analyst estimates of $117.88 million. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.15%. The company’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.20) earnings per share. On average, sell-side analysts forecast that Intapp will post -0.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Thad Jampol sold 20,000 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $45.09, for a total value of $901,800.00. Following the sale, the insider now directly owns 772,412 shares of the company’s stock, valued at approximately $34,828,057.08. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Intapp news, COO Donald F. Coleman sold 58,003 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $49.31, for a total value of $2,860,127.93. Following the transaction, the chief operating officer now directly owns 668,239 shares of the company’s stock, valued at approximately $32,950,865.09. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thad Jampol sold 20,000 shares of the company’s stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $45.09, for a total transaction of $901,800.00. Following the completion of the sale, the insider now owns 772,412 shares in the company, valued at $34,828,057.08. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,239 shares of company stock valued at $7,360,981 in the last three months. Insiders own 13.02% of the company’s stock.

About Intapp

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.