Piper Sandler Cuts Intapp (NASDAQ:INTA) Price Target to $25.00

Intapp (NASDAQ:INTAFree Report) had its target price trimmed by Piper Sandler from $33.00 to $25.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

INTA has been the topic of a number of other research reports. Truist Financial set a $35.00 price target on Intapp in a research report on Wednesday, February 4th. Barclays cut their target price on shares of Intapp from $46.00 to $35.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intapp in a research note on Monday, December 29th. Stifel Nicolaus dropped their price objective on shares of Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Citigroup decreased their price objective on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Intapp presently has an average rating of “Hold” and an average price target of $39.71.

View Our Latest Report on Intapp

Intapp Stock Down 0.4%

Shares of INTA stock opened at $22.43 on Thursday. The firm has a 50 day moving average of $34.77 and a two-hundred day moving average of $39.48. The stock has a market capitalization of $1.80 billion, a PE ratio of -74.77, a P/E/G ratio of 131.01 and a beta of 0.68. Intapp has a 52 week low of $19.24 and a 52 week high of $67.01.

Intapp (NASDAQ:INTAGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.07. The business had revenue of $140.21 million for the quarter, compared to analysts’ expectations of $138.20 million. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period last year, the firm earned $0.21 earnings per share. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. Analysts expect that Intapp will post -0.14 EPS for the current fiscal year.

Intapp declared that its board has initiated a stock repurchase plan on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 7.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, CEO John T. Hall sold 8,000 shares of Intapp stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $47.48, for a total transaction of $379,840.00. Following the sale, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. The trade was a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.21% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Strive Financial Group LLC acquired a new position in Intapp during the fourth quarter worth approximately $28,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Intapp during the second quarter worth approximately $31,000. First Horizon Corp acquired a new position in shares of Intapp in the 4th quarter valued at $44,000. Federation des caisses Desjardins du Quebec raised its position in Intapp by 913.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after purchasing an additional 950 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in Intapp by 27.9% during the 3rd quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock worth $58,000 after purchasing an additional 310 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Key Stories Impacting Intapp

Here are the key news stories impacting Intapp this week:

Intapp Company Profile

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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.

Further Reading

Analyst Recommendations for Intapp (NASDAQ:INTA)

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