Intapp, Inc. (NASDAQ:INTA) Receives Average Rating of “Hold” from Brokerages

Intapp, Inc. (NASDAQ:INTA) has received an average recommendation of “Hold” from the eight analysts that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $41.5714.

Several equities research analysts recently weighed in on INTA shares. Truist Financial set a $35.00 target price on Intapp in a report on Wednesday, February 4th. Piper Sandler dropped their price target on shares of Intapp from $42.00 to $33.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Citigroup reduced their price objective on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Barclays decreased their price objective on shares of Intapp from $46.00 to $35.00 and set an “underweight” rating for the company in a report on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of Intapp from a “buy” rating to a “strong-buy” rating in a report on Saturday.

Intapp Trading Up 4.8%

INTA stock opened at $25.54 on Wednesday. Intapp has a 1 year low of $20.76 and a 1 year high of $77.74. The company has a fifty day simple moving average of $40.40 and a 200 day simple moving average of $41.01. The firm has a market cap of $2.05 billion, a PE ratio of -85.13, a PEG ratio of 142.40 and a beta of 0.68.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, February 3rd. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.26 by $0.07. Intapp had a negative net margin of 4.37% and a negative return on equity of 0.62%. The firm had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. During the same period in the prior year, the business posted $0.21 earnings per share. The business’s quarterly revenue was up 15.7% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. As a group, analysts forecast that Intapp will post -0.14 EPS for the current fiscal year.

Intapp announced that its Board of Directors has initiated a stock buyback plan on Tuesday, February 3rd that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 7.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Insider Activity

In related news, CEO John T. Hall sold 22,243 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $906,624.68. Following the completion of the sale, the chief executive officer owned 5,711,668 shares in the company, valued at $232,807,587.68. This represents a 0.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO David H. Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $40.76, for a total value of $407,600.00. Following the completion of the sale, the chief financial officer directly owned 43,765 shares in the company, valued at $1,783,861.40. This trade represents a 18.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,243 shares of company stock valued at $2,070,785 in the last three months. 11.21% of the stock is owned by insiders.

Hedge Funds Weigh In On Intapp

Several large investors have recently bought and sold shares of INTA. Wellington Management Group LLP grew its position in Intapp by 143.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock worth $77,365,000 after purchasing an additional 1,115,392 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of Intapp during the third quarter valued at about $45,349,000. Westfield Capital Management Co. LP bought a new stake in shares of Intapp in the second quarter valued at about $38,657,000. Norges Bank acquired a new stake in Intapp during the fourth quarter worth about $32,302,000. Finally, Goldman Sachs Group Inc. grew its position in Intapp by 103.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,212,052 shares of the company’s stock worth $55,536,000 after buying an additional 617,649 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Intapp Company Profile

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.