Intapp, Inc. $INTA Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its holdings in Intapp, Inc. (NASDAQ:INTA) by 13.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,857 shares of the company’s stock after purchasing an additional 583 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Intapp were worth $251,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. REAP Financial Group LLC raised its position in shares of Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 330 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Intapp in the first quarter worth $36,000. Quarry LP raised its holdings in Intapp by 1,155.4% in the first quarter. Quarry LP now owns 703 shares of the company’s stock valued at $41,000 after acquiring an additional 647 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Intapp by 414.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company’s stock valued at $47,000 after acquiring an additional 647 shares during the last quarter. Finally, CWM LLC grew its holdings in Intapp by 27.0% during the 1st quarter. CWM LLC now owns 1,003 shares of the company’s stock worth $59,000 after acquiring an additional 213 shares in the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Intapp

In other news, insider Thad Jampol sold 6,184 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $260,099.04. Following the completion of the transaction, the insider owned 882,402 shares in the company, valued at approximately $37,113,828.12. This represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John T. Hall sold 19,515 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $42.94, for a total transaction of $837,974.10. Following the completion of the sale, the chief executive officer directly owned 5,598,775 shares in the company, valued at approximately $240,411,398.50. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 101,169 shares of company stock valued at $4,292,798. Company insiders own 11.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Barclays reduced their price target on shares of Intapp from $47.00 to $43.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 14th. Wall Street Zen cut Intapp from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. Piper Sandler set a $42.00 target price on Intapp and gave the stock a “neutral” rating in a research report on Monday. Citigroup lowered their price target on Intapp from $66.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, July 16th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research note on Tuesday, October 14th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Intapp has a consensus rating of “Hold” and a consensus target price of $58.50.

Intapp Trading Up 1.0%

NASDAQ:INTA opened at $39.92 on Friday. The stock has a 50 day moving average of $42.19 and a 200-day moving average of $47.47. The firm has a market capitalization of $3.27 billion, a PE ratio of -166.33, a price-to-earnings-growth ratio of 16.85 and a beta of 0.71. Intapp, Inc. has a 52 week low of $35.51 and a 52 week high of $77.74.

Intapp (NASDAQ:INTA) last announced its quarterly earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The business had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The business’s revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $0.15 EPS. 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 predict that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

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

Intapp 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.