Bamco Inc. NY boosted its holdings in Intapp, Inc. (NASDAQ:INTA – Free Report) by 7.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,699,877 shares of the company’s stock after purchasing an additional 188,915 shares during the quarter. Bamco Inc. NY owned about 3.33% of Intapp worth $139,368,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in INTA. REAP Financial Group LLC grew its position in shares of 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 buying an additional 330 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Intapp during the second quarter worth $31,000. Caitong International Asset Management Co. Ltd grew its holdings in Intapp by 356.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after purchasing an additional 502 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Intapp in the first quarter valued at $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 valued at $41,000 after purchasing an additional 647 shares during the period. 89.96% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have recently commented on the company. JPMorgan Chase & Co. reduced their target price on Intapp from $80.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Piper Sandler set a $42.00 price objective on Intapp and gave the company a “neutral” rating in a research note on Monday, October 20th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Citigroup lowered their price target on Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a research report on Tuesday, October 28th. Finally, UBS Group reduced their target price on shares of Intapp from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Intapp currently has a consensus rating of “Hold” and a consensus target price of $54.86.
Insider Activity at Intapp
In other news, CFO David H. Morton, Jr. sold 10,000 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the transaction, the chief financial officer owned 43,765 shares of the company’s stock, valued at $1,783,861.40. This represents a 18.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John T. Hall sold 22,243 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $40.76, for a total value of $906,624.68. Following the transaction, the chief executive officer owned 5,711,668 shares of the company’s stock, valued at $232,807,587.68. The trade was a 0.39% decrease in their position. The SEC filing for this sale provides additional information. 11.21% of the stock is currently owned by corporate insiders.
Intapp Stock Performance
INTA opened at $42.98 on Friday. Intapp, Inc. has a fifty-two week low of $35.51 and a fifty-two week high of $77.74. The firm has a 50-day moving average of $40.47 and a 200 day moving average of $44.20. The firm has a market cap of $3.52 billion, a P/E ratio of -119.39, a PEG ratio of 72.72 and a beta of 0.69.
Intapp (NASDAQ:INTA – Get Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The firm had revenue of $139.03 million for the quarter, compared to analysts’ expectations of $135.34 million. During the same period in the previous year, the company earned $0.21 earnings per share. The company’s quarterly revenue was up 17.0% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS and its Q2 2026 guidance at 0.250-0.270 EPS. Equities research analysts predict that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.
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.
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