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PALO ALTO, CA— Intapp , Inc. (NASDAQ:INTA), a $5.25 billion market cap company that has delivered an impressive 71.73% return over the past year, recently disclosed that its Chief Product Officer, Thad Jampol, executed significant stock transactions, including the sale of shares valued at over $1 million. According to the SEC filing, Jampol sold 15,161 shares of Intapp’s common stock on February 20, 2025, at prices ranging from $67.65 to $72.39 per share. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 9 analysts recently revising their earnings estimates upward.
The transactions were part of a pre-arranged 10b5-1 trading plan, established on December 10, 2024, to cover tax liabilities from the vesting of performance and restricted share units. Following these sales, Jampol holds 877,690 shares directly, while 34,972 shares are indirectly held by his spouse.
In addition to the sales, Jampol acquired 3,257 shares of common stock through the vesting of restricted share units on February 20, 2025. These shares were acquired at no cost, as part of the company’s 2021 Omnibus Incentive Plan.
These transactions highlight the ongoing financial activities of Intapp’s leadership, reflecting both strategic sales and acquisitions under the company’s equity incentive plans.
In other recent news, Intapp Inc. reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.21, compared to the projected $0.16. The company also reported revenue of $121.2 million, slightly above the expected $121.16 million. Despite these positive earnings results, Intapp’s stock experienced a notable decline in after-hours trading. Intapp’s SaaS revenue increased by 27% year-over-year, highlighting strong demand for its cloud-based solutions. The company projects SaaS revenue between $84 million and $85 million for Q3 Fiscal 2025, representing a 27-28% growth. Analyst firms such as JPMorgan and Barclays (LON:BARC) have noted the company’s strong pipeline and deal conversion rates. Intapp has also been expanding its strategic partnerships, particularly with Microsoft (NASDAQ:MSFT), to enhance its cloud offerings. These developments reflect Intapp’s ongoing efforts to grow its market presence and expand its capabilities.
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