Insider Sale: Director George Neble Sells 3,000 Shares of Intapp Inc (INTA)

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Nov 17, 2024

On November 14, 2024, George Neble, Director at Intapp Inc (INTA, Financial), executed a sale of 3,000 shares of the company at a price of $56.91 per share. This transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 29,864 shares of Intapp Inc.

Intapp Inc specializes in software solutions that address the unique challenges faced by professionals in the legal, financial, and consulting sectors. The company's offerings are designed to enhance client success by improving operational efficiency and compliance.

Over the past year, George Neble has sold a total of 7,500 shares of Intapp Inc and has not made any purchases of the stock. This recent transaction is part of a broader trend observed over the past year, where Intapp Inc has seen a total of 115 insider sells and no insider buys.

Shares of Intapp Inc were trading at $56.91 on the day of the transaction, giving the company a market cap of approximately $4.34 billion. According to the GF Value, the intrinsic value estimate for Intapp Inc is $37.75 per share, suggesting that the stock is significantly overvalued with a price-to-GF-Value ratio of 1.51.

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.

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This insider sale could be of interest to current and potential investors, as insider transactions can provide insights into how the company's executives view the stock's current valuation and future prospects.

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.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.