Intapp (NASDAQ:INTA) Releases FY25 Earnings Guidance

Intapp (NASDAQ:INTA) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.59-0.63 for the period, compared to the consensus earnings per share estimate of $0.58. The company issued revenue guidance of $493-497 million, compared to the consensus revenue estimate of $494.65 million. Intapp also updated its FY 2025 guidance to 0.590-0.630 EPS.

Analyst Upgrades and Downgrades

Several research firms recently commented on INTA. Citigroup lowered their target price on Intapp from $52.00 to $50.00 and set a buy rating for the company in a research note on Friday, June 28th. BTIG Research lowered their price objective on Intapp from $55.00 to $50.00 and set a buy rating for the company in a research report on Wednesday, May 8th. Stifel Nicolaus lowered their price objective on Intapp from $47.00 to $45.00 and set a buy rating for the company in a research report on Wednesday, April 24th. Oppenheimer reaffirmed a market perform rating on shares of Intapp in a research report on Monday, July 8th. Finally, Piper Sandler lowered their price objective on Intapp from $52.00 to $46.00 and set an overweight rating for the company in a research report on Friday, May 10th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $45.88.

Intapp Price Performance

Intapp stock traded up $1.38 during mid-day trading on Tuesday, hitting $34.00. 925,952 shares of the company were exchanged, compared to its average volume of 603,583. The business’s 50 day simple moving average is $34.96 and its two-hundred day simple moving average is $35.79. The company has a market capitalization of $2.50 billion, a P/E ratio of -55.74 and a beta of 0.61. Intapp has a 12-month low of $30.36 and a 12-month high of $45.43.

Insider Activity

In other news, insider Michele Murgel sold 4,224 shares of Intapp stock in a transaction on Monday, May 20th. The stock was sold at an average price of $36.88, for a total value of $155,781.12. Following the completion of the sale, the insider now owns 171,947 shares of the company’s stock, valued at $6,341,405.36. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Michele Murgel sold 4,224 shares of Intapp stock in a transaction on Monday, May 20th. The stock was sold at an average price of $36.88, for a total value of $155,781.12. Following the transaction, the insider now owns 171,947 shares in the company, valued at $6,341,405.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Donald F. Coleman sold 5,000 shares of Intapp stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $34.94, for a total value of $174,700.00. Following the completion of 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. Insiders sold a total of 49,224 shares of company stock valued at $1,733,631 over the last quarter. Company insiders own 36.56% of the company’s stock.

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.