INTA CFO David Morton sold 14,768 shares for $628,803.09 in 6 transactions over 2 days; 28.6% portfolio reduction.
David Morton, CFO of Intapp, Inc., executed 6 separate sales totaling 14,768 shares (14.8K shares) for $628,803.09 ($628.8K) across August 21–22, 2025, reducing his holdings by 28.6% from 51,623 to 36,855 shares. The blended average price of $42.58 sits within the stock's current trading range ($43.60 current price; 52-week range $35.64–$74.10) and near recent transaction prices. Morton's prior trades at INTA show a strong pattern: all 5 prior sells were well-timed at the 90-day mark, with returns of -3.6% to -8.0% in the 30 days following and -23.4% to -26.9% over 90 days, indicating his prior sales preceded meaningful declines. The company posted revenue of $129.1M in its latest quarter with net income of -$3.0M (unprofitable status) and carries a -41.2% drawdown from its 52-week high, placing the stock in significant downtrend territory. The substantial nature of this divestiture—removing nearly one-third of his holdings in two business days—combined with his historically successful timing pattern at this ticker, warrants monitoring of near-term price action and any disclosure of the transaction rationale.