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

Shares of Intapp, Inc. (NASDAQ:INTA) have been assigned a consensus rating of “Hold” from the nine brokerages that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $58.00.

A number of research firms have commented on INTA. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Tuesday, October 14th. Piper Sandler set a $42.00 price target on Intapp and gave the stock a “neutral” rating in a research report on Monday, October 20th. UBS Group reduced their price target on Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, August 13th. Citigroup cut their target price on Intapp from $53.00 to $49.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 28th. Finally, Wall Street Zen raised Intapp from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th.

Insider Activity

In related news, CFO David H. Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $42.95, for a total transaction of $429,500.00. Following the sale, the chief financial officer owned 36,855 shares of the company’s stock, valued at approximately $1,582,922.25. This trade represents a 21.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider David Benjamin Harrison sold 6,690 shares of the firm’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $281,381.40. Following the sale, the insider directly owned 12,447 shares in the company, valued at $523,520.82. The trade was a 34.96% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 101,169 shares of company stock valued at $4,292,798. 11.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intapp

Large investors have recently modified their holdings of the business. REAP Financial Group LLC grew 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 during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Intapp in the second quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd lifted 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. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Intapp during the first quarter worth $36,000. Finally, Quarry LP raised its holdings in shares of Intapp by 1,155.4% during the first quarter. Quarry LP now owns 703 shares of the company’s stock worth $41,000 after acquiring an additional 647 shares during the period. 89.96% of the stock is currently owned by institutional investors.

Intapp Stock Up 0.1%

Intapp stock opened at $38.38 on Monday. The business’s 50-day simple moving average is $41.85 and its 200 day simple moving average is $46.84. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of -159.92, a P/E/G ratio of 16.35 and a beta of 0.70. Intapp has a 12-month low of $35.51 and a 12-month high of $77.74.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share (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 for the quarter, compared to the consensus estimate of $132.07 million. During the same period in the prior year, the company posted $0.15 EPS. The company’s revenue 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, sell-side analysts expect that Intapp will post -0.14 EPS for the current year.

Intapp declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 12th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

About Intapp

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.