On August 19, 2024, John Hall, CEO of Intapp Inc (NASDAQ:INTA), completed a sale of 47,116 shares of the company’s stock, according to the SEC filing. Following this transaction, the insider now owns 5,128,431 shares of Intapp Inc.
Intapp Inc specializes in software solutions that address the unique challenges faced by legal, financial and consulting professionals. The company’s offerings help companies connect their people, processes and data to increase profitability and manage risk.
Over the past year, John Hall has sold a total of 452,689 shares and purchased no shares of the company’s stock. This latest transaction is part of a broader trend observed over the past year, when Intapp Inc recorded a total of 102 insider sales and no insider purchases.
Intapp Inc. shares were trading at $42.83 on the day of the transaction. The company currently has a market capitalization of around $3.17 billion. Based on the GF Value of $36.33, the stock is considered slightly overvalued with a Price to GF Value ratio of 1.18.
The GF value is determined by historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, adjusted for the company’s past performance and expected future business results.
This insider sale could be of interest to investors who follow changes in ownership and assess the current valuation of the stock in relation to its intrinsic value.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
