First Week of November 15th Options Trading For Intapp (INTA)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 20 2024
0mins
Source: NASDAQ.COM
Put Contract Strategy: Investors can sell a put contract at a $45.00 strike price for a premium of 45 cents, effectively lowering their cost basis to $44.55 per share, which is attractive compared to the current market price of $49.62. There is a 70% chance that the put will expire worthless, yielding a potential return of 1.00% or 6.51% annualized.
Call Contract Strategy: Purchasing shares at $49.62 and selling a call contract at a $50.00 strike price could yield a total return of 3.08% if exercised by expiration. With a 47% chance of the call expiring worthless, investors could retain both their shares and the premium, resulting in a potential 2.32% additional return or 15.09% annualized.
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Analyst Views on INTA
Wall Street analysts forecast INTA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTA is 57.88 USD with a low forecast of 42.00 USD and a high forecast of 76.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
5 Buy
3 Hold
1 Sell
Moderate Buy
Current: 36.500
Low
42.00
Averages
57.88
High
76.00
Current: 36.500
Low
42.00
Averages
57.88
High
76.00
About INTA
Intapp, Inc. is a global provider of artificial intelligence (AI)-powered solutions for professionals at advisory, capital markets, and legal firms. The Company empowers the world’s accounting, consulting, investment banking, legal, private capital and real asset firms with the technology they need to operate more competitively and deliver timely insights to their professionals. Using the power of Applied AI, its purpose-built vertical software as service (SaaS) solutions accelerates the flow of information firmwide, activate expertise, empower teams, strengthen client relationships, manage risk, and help firms adapt more quickly in a highly complex ecosystem. Its Intapp Intelligent Cloud is purpose-built to modernize these firms. Its products and solutions include Intapp DealCloud, Intapp Compliance solutions, Intapp Time solutions, Intapp Collaboration solutions, Intapp Integration solutions, and Intapp Assist. Intapp DealCloud serves partners and professionals in all of its markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Intapp President Sells 75% of Shares for ~$223,100 Amidst Market Pressure
- Insider Sale: David Benjamin Harrison, President of Intapp, executed an open-market sale of 4,960 shares on December 3, raising approximately $223,100, indicating a potential loss of confidence in the company's future prospects.
- Stake Reduction: This transaction reduced Harrison's direct holdings to just 1,679 shares, representing a 74.71% decrease in his ownership, which reflects growing concerns about the company's outlook.
- Market Pressure: The sale occurred amid a challenging year for Intapp, with a 32.76% decline in stock price, highlighting investor apprehension regarding growth deceleration and the transition to cloud-based solutions.
- Investor Sentiment: While analysts maintain a buy rating with a $58 price target, the insider's significant stake reduction may prompt investors to reassess the company's long-term growth potential amidst ongoing volatility.
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Intapp Executive Sells 74.71% of Shares for Approximately $223,100
- Executive Sell-off: On December 3, 2025, Intapp's President David Benjamin Harrison sold 4,960 shares for approximately $223,100, representing a 74.71% reduction in his direct holdings, indicating ongoing challenges faced by the company.
- Holding Changes: Following this transaction, Harrison's direct stake decreased from 6,639 shares to 1,679 shares, reflecting a significant reduction in his remaining capacity, which may impact market confidence in the company's future.
- Stock Price Volatility: Intapp's stock is currently down about 50% from its 2025 peak, attributed to concerns over growth deceleration and a rapid decline in legacy revenue as the company transitions to cloud-based SaaS solutions, potentially heightening investor apprehension about its future performance.
- Market Reaction: Despite beating Q1 fiscal 2026 earnings expectations, Intapp's stock still fell due to moderating growth rates, with analysts maintaining a buy rating and a $58 price target, indicating confidence in the company's long-term potential despite near-term challenges.
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