Intapp (NASDAQ:INTA) Upgraded at Wall Street Zen

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

INTA has been the subject of a number of other research reports. Citigroup decreased their price target on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, July 16th. UBS Group decreased their price target on shares of Intapp from $83.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, August 13th. Barclays raised their price target on shares of Intapp from $44.00 to $47.00 and gave the stock an “underweight” rating in a 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 for the company in a report on Tuesday, July 8th. Finally, Piper Sandler raised shares of Intapp to a “neutral” rating and set a $55.00 price target for the company in a report on Tuesday, June 24th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.63.

Intapp Stock Down 0.5%

NASDAQ:INTA opened at $45.16 on Friday. Intapp has a 52 week low of $35.51 and a 52 week high of $77.74. The firm has a 50 day moving average of $42.91 and a 200 day moving average of $51.38. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of -188.17, a PEG ratio of 19.34 and a beta of 0.74.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, beating 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 0.89%. The company had revenue of $135.04 million during the quarter, compared to analysts’ expectations of $132.07 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. Intapp’s revenue for the quarter was up 18.1% compared to the same quarter last year. 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, analysts expect that Intapp will post -0.14 EPS for the current year.

Intapp declared that its board has initiated a stock buyback plan on Tuesday, August 12th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Intapp

In other Intapp news, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $42.95, for a total transaction of $429,500.00. Following the transaction, the chief financial officer directly owned 36,855 shares of the company’s stock, valued at $1,582,922.25. This trade represents a 21.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO John T. Hall sold 19,515 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $42.94, for a total transaction of $837,974.10. Following the transaction, the chief executive officer directly owned 5,598,775 shares in the company, valued at approximately $240,411,398.50. The trade was a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 99,649 shares of company stock valued at $4,224,079. Insiders own 13.02% of the company’s stock.

Hedge Funds Weigh In On Intapp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTA. Cetera Investment Advisers purchased a new stake in Intapp during the 4th quarter valued at about $283,000. Lazard Asset Management LLC raised its holdings in Intapp by 42.5% in the 4th quarter. Lazard Asset Management LLC now owns 28,952 shares of the company’s stock valued at $1,855,000 after acquiring an additional 8,636 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Intapp by 41.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,358 shares of the company’s stock valued at $1,946,000 after acquiring an additional 8,922 shares during the last quarter. Nuveen Asset Management LLC raised its holdings in Intapp by 43.3% in the 4th quarter. Nuveen Asset Management LLC now owns 628,995 shares of the company’s stock valued at $40,312,000 after acquiring an additional 189,989 shares during the last quarter. Finally, Man Group plc acquired a new stake in Intapp in the 4th quarter valued at about $3,407,000. 89.96% of the stock is owned by hedge funds and other institutional investors.

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.