Bank of New York Mellon Corp Has $20.11 Million Stock Holdings in Intapp, Inc. $INTA

Bank of New York Mellon Corp lifted its position in shares of Intapp, Inc. (NASDAQ:INTA) by 47.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 389,548 shares of the company’s stock after buying an additional 125,460 shares during the quarter. Bank of New York Mellon Corp owned about 0.48% of Intapp worth $20,108,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in Intapp by 1.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 455,085 shares of the company’s stock valued at $26,568,000 after acquiring an additional 6,419 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Intapp in the first quarter worth $924,000. Thoroughbred Financial Services LLC raised its stake in Intapp by 128.0% in the first quarter. Thoroughbred Financial Services LLC now owns 13,768 shares of the company’s stock valued at $803,000 after purchasing an additional 7,729 shares in the last quarter. Jump Financial LLC bought a new stake in Intapp during the first quarter worth about $756,000. Finally, Vanguard Group Inc. grew its stake in Intapp by 4.5% during the first quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company’s stock worth $388,352,000 after buying an additional 283,923 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a research report on Wednesday. Piper Sandler set a $42.00 price objective on shares of Intapp and gave the company a “neutral” rating in a research note on Monday, October 20th. UBS Group cut their target price on Intapp from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Wall Street Zen raised Intapp from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Finally, Citigroup lowered their price target on Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $54.86.

Insiders Place Their Bets

In related news, insider David Benjamin Harrison sold 6,690 shares of Intapp stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $281,381.40. Following the sale, the insider directly owned 12,447 shares in the company, valued at $523,520.82. This trade represents a 34.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thad Jampol sold 6,184 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $260,099.04. Following the sale, the insider directly owned 882,402 shares in the company, valued at $37,113,828.12. The trade was a 0.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,169 shares of company stock worth $4,292,798 over the last quarter. 11.21% of the stock is currently owned by corporate insiders.

Intapp Stock Performance

Shares of NASDAQ:INTA opened at $43.07 on Monday. Intapp, Inc. has a 52-week low of $35.51 and a 52-week high of $77.74. The company has a market capitalization of $3.53 billion, a PE ratio of -119.64, a price-to-earnings-growth ratio of 72.43 and a beta of 0.70. The company has a fifty day moving average of $40.81 and a 200-day moving average of $45.97.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The business had revenue of $139.03 million for the quarter, compared to analyst estimates of $135.34 million. Intapp had a negative return on equity of 1.58% and a negative net margin of 5.35%.Intapp’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. On average, equities analysts forecast 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 authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the company to repurchase up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are 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.