Intapp CEO John T. Hall sells shares worth $2.96 million

John T. Hall, the Chief Executive Officer of Intapp , Inc. (NASDAQ:INTA), recently executed a series of transactions involving the company’s common stock. The transactions come as Intapp shows strong momentum, with the stock up over 57% in the past year despite a recent 9.7% pullback last week, according to InvestingPro data. According to the latest SEC filings, Hall sold shares totaling approximately $2.96 million on February 21, 2025. The sales were conducted at prices ranging from $61.85 to $69.18 per share.

Additionally, Hall exercised options to acquire 8,000 shares at $7.45 each, totaling $59,600, on February 24, 2025. Following this, he sold further shares amounting to $519,852 at prices between $62.54 and $66.27 per share.

These transactions were part of a 10b5-1 trading plan, a prearranged plan that allows company insiders to sell stock at predetermined times. After these transactions, Hall holds 5,214,782 shares of Intapp. While currently trading at a high Price/Book multiple, InvestingPro analysis indicates the company maintains a strong balance sheet with more cash than debt, and analysts expect profitability this year. For deeper insights into Intapp’s valuation and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Intapp Inc. reported its fourth-quarter 2024 financial results, surpassing analyst expectations for earnings per share (EPS) and revenue. The company achieved an EPS of $0.21, exceeding the projected $0.16, and reported revenue of $121.2 million, slightly above the anticipated $121.16 million. Despite these positive earnings, Intapp experienced a decline in its stock price in after-hours trading. Intapp’s SaaS revenue saw a notable 27% increase year-over-year, reflecting strong demand for its cloud-based solutions. The company also reported a 17% year-over-year increase in total revenue and a significant 29% growth in cloud annual recurring revenue (ARR). Meanwhile, Intapp’s non-GAAP gross margin improved to 76.7%, up from 73.4% the previous year. Analyst firm JPMorgan acknowledged the strong results, while Barclays (LON:BARC) noted the healthy conversion activity from on-premise to cloud services. Intapp continues to focus on expanding its market reach, with CEO John Hall emphasizing the company’s efforts in digitalization and strategic partnerships.

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