On September 3, 2024, Scott Fitzgerald, the Chief Marketing Officer of Intapp Inc (INTA, Financial), sold 3,000 shares of the company at a price of $44.82 per share. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 43,899 shares of Intapp Inc.
Intapp Inc specializes in software solutions for professional and financial services firms, offering applications that enhance operational efficiency and compliance.
Over the past year, Scott Fitzgerald has sold a total of 60,433 shares of Intapp Inc and has not made any purchases of the stock. This recent sale is part of a broader trend within the company, where there have been 104 insider sells and no insider buys over the past year.
Shares of Intapp Inc were trading at $44.82 on the day of the sale, giving the company a market cap of approximately $3.28 billion. According to the GF Value, the intrinsic value estimate for Intapp Inc is $36.48 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.23.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance and valuation adjustments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
