Director Baxter Ralph sells 20,711 shares (68.7% of holdings) for $1.4M across 4 transactions at INTA
Baxter Ralph, a Director at Intapp, executed 4 separate sales totaling 20,711 shares for $1,441,400.59 at a blended average price of $69.60 on 2024-12-10 and 2024-12-11, reducing his holdings from 30,152 to 9,441 shares. This represents a substantial 68.7% reduction in his position at prices very close to the 52-week high of $70.00. His prior five trades at INTA (all in recent weeks) have all shown positive 30-day returns (ranging from +5.4% to +19.8%), yet his cross-ticker track record shows only a 60.00% well-timed sell rate at the 90-day mark. The company is currently unprofitable despite 22.7% annual revenue growth, which may inform the size and timing of this liquidation. The stock has gained +17.4% over 30 days and +54.9% over 90 days prior to this sale.