Intapp, Inc. (NASDAQ:INTA) Given Average Recommendation of “Hold” by Brokerages

Intapp, Inc. (NASDAQ:INTA) has been assigned an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $60.6250.

A number of brokerages have recently issued reports on INTA. Citigroup lowered their price target on Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 16th. Wall Street Zen cut shares of Intapp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 21st. UBS Group reduced their target price on shares of Intapp from $83.00 to $72.00 and set a “buy” rating for the company in a research report on Wednesday, August 13th. Stifel Nicolaus decreased their price target on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, July 8th. Finally, Piper Sandler upgraded shares of Intapp to a “neutral” rating and set a $55.00 price target on the stock in a research report on Tuesday, June 24th.

Intapp Trading Up 0.9%

Shares of INTA opened at $42.51 on Wednesday. The firm has a market cap of $3.44 billion, a P/E ratio of -177.13, a PEG ratio of 13.04 and a beta of 0.73. Intapp has a 12 month low of $35.51 and a 12 month high of $77.74. The stock’s 50 day moving average is $45.54 and its two-hundred day moving average is $54.60.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.91%. The business had revenue of $135.04 million during the quarter, compared to analysts’ expectations of $132.07 million. During the same quarter in the previous year, the company earned $0.15 earnings per share. The company’s quarterly revenue was up 18.1% on a year-over-year basis. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Equities research analysts forecast that Intapp will post -0.14 EPS for the current year.

Intapp declared that its board has authorized a share buyback program on Tuesday, August 12th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 5.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Intapp news, CFO David H. Morton, Jr. sold 10,000 shares of the business’s stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $55.02, for a total transaction of $550,200.00. Following the transaction, the chief financial officer owned 32,739 shares of the company’s stock, valued at approximately $1,801,299.78. The trade was a 23.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider David Benjamin Harrison sold 14,275 shares of the company’s stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $55.01, for a total value of $785,267.75. The disclosure for this sale can be found here. Insiders have sold 66,284 shares of company stock valued at $3,653,487 over the last ninety days. 13.02% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intapp

Hedge funds have recently modified their holdings of the company. Jefferies Financial Group Inc. purchased a new position in Intapp during the first quarter worth about $924,000. Thoroughbred Financial Services LLC increased its holdings in shares of Intapp by 128.0% during the 1st quarter. Thoroughbred Financial Services LLC now owns 13,768 shares of the company’s stock worth $803,000 after buying an additional 7,729 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Intapp by 79.4% during the 4th quarter. Wells Fargo & Company MN now owns 30,607 shares of the company’s stock valued at $1,962,000 after buying an additional 13,543 shares during the period. Rhumbline Advisers lifted its holdings in Intapp by 7.2% in the first quarter. Rhumbline Advisers now owns 78,398 shares of the company’s stock valued at $4,577,000 after acquiring an additional 5,257 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Intapp by 61.9% in the first quarter. Bank of New York Mellon Corp now owns 264,088 shares of the company’s stock worth $15,417,000 after acquiring an additional 101,004 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Intapp Company Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.