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

Shares of Intapp, Inc. (NASDAQ:INTA) have been given a consensus recommendation of “Hold” by the nine brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $39.7143.

Several brokerages recently issued reports on INTA. Wall Street Zen downgraded shares of Intapp from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 3rd. Truist Financial set a $35.00 price objective on shares of Intapp in a report on Wednesday, February 4th. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a research note on Thursday, February 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a report on Monday, December 29th. Finally, Stifel Nicolaus decreased their price target on Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th.

Intapp Price Performance

Intapp stock opened at $27.81 on Friday. The firm has a market capitalization of $2.24 billion, a P/E ratio of -92.70, a P/E/G ratio of 121.82 and a beta of 0.73. The stock has a fifty day moving average price of $32.70 and a two-hundred day moving average price of $38.93. Intapp has a 52-week low of $19.24 and a 52-week high of $64.31.

Intapp (NASDAQ:INTA) last issued its earnings results on Tuesday, February 3rd. The company reported $0.33 EPS for the quarter, beating 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 company had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. During the same quarter in the previous year, the company earned $0.21 EPS. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. On average, equities research analysts predict that Intapp will post -0.14 EPS for the current fiscal year.

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

Insider Transactions at Intapp

In other Intapp news, CEO John T. Hall sold 8,000 shares of the stock in a transaction dated Monday, December 29th. The shares were 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 of the company’s stock, valued at $271,189,996.64. This represents a 0.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.21% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intapp

Institutional investors have recently modified their holdings of the stock. Strive Financial Group LLC bought a new stake in shares of Intapp during the fourth quarter valued at approximately $28,000. First Horizon Corp bought a new position in Intapp in the 4th quarter worth approximately $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 worth $48,000 after purchasing an additional 950 shares during the last quarter. Blue Trust Inc. lifted its holdings 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 buying an additional 310 shares in the last quarter. Finally, State of Wyoming lifted its holdings in Intapp by 75.7% during the 4th quarter. State of Wyoming now owns 1,597 shares of the company’s stock worth $73,000 after buying an additional 688 shares in the last quarter. 89.96% of the stock is owned by institutional investors.

About Intapp

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.