Intapp (NASDAQ:INTA) Stock Rating Lowered by Wall Street Zen

Intapp (NASDAQ:INTA) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

INTA has been the topic of a number of other research reports. UBS Group reduced their target price on Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, August 13th. Piper Sandler upgraded Intapp to a “neutral” rating and set a $55.00 target price on the stock in a research report on Tuesday, June 24th. Citigroup reduced their target price on Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 16th. Barclays lifted their target price on Intapp from $44.00 to $47.00 and gave the company an “underweight” rating in a research report on Wednesday, August 13th. Finally, Stifel Nicolaus reduced their target price on Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, July 8th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Intapp currently has a consensus rating of “Hold” and a consensus target price of $60.63.

Intapp Stock Performance

NASDAQ INTA opened at $44.70 on Friday. The stock’s fifty day moving average is $43.29 and its two-hundred day moving average is $52.00. The firm has a market capitalization of $3.67 billion, a P/E ratio of -186.25, a price-to-earnings-growth ratio of 19.05 and a beta of 0.74. Intapp has a fifty-two week low of $35.51 and a fifty-two week high of $77.74.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The company had revenue of $135.04 million for the quarter, compared to analyst estimates of $132.07 million. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. As a group, sell-side analysts forecast that Intapp will post -0.14 EPS for the current year.

Intapp declared that its board has approved a stock repurchase program on Tuesday, August 12th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $42.95, for a total value of $429,500.00. Following the sale, the chief financial officer directly owned 36,855 shares in the company, valued at approximately $1,582,922.25. This trade represents a 21.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John T. Hall sold 8,000 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $43.46, for a total value of $347,680.00. Following the completion of the sale, the chief executive officer owned 5,598,775 shares in the company, valued at approximately $243,322,761.50. The trade was a 0.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 99,649 shares of company stock valued at $4,224,079. 13.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in INTA. REAP Financial Group LLC grew its holdings in Intapp by 218.5% during the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock worth $25,000 after acquiring an additional 330 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Intapp by 74.2% in the first quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after buying an additional 224 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Intapp in the second quarter valued at $31,000. Caitong International Asset Management Co. Ltd raised its stake in Intapp by 356.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock valued at $33,000 after buying an additional 502 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Intapp in the first quarter valued at $36,000. Institutional investors and hedge funds 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.