Intapp (NASDAQ:INTA) Stock Rating Upgraded by Wall Street Zen

Intapp (NASDAQ:INTA) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.

Several other equities analysts have also issued reports on the company. Citigroup lowered their price target on Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Barclays reduced their price objective on shares of Intapp from $46.00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, February 4th. Truist Financial set a $35.00 target price on shares of Intapp in a research note on Wednesday, February 4th. JPMorgan Chase & Co. cut their price target on shares of Intapp from $70.00 to $58.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Finally, Piper Sandler reduced their price target on shares of Intapp from $42.00 to $33.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $41.57.

Intapp Stock Performance

INTA stock opened at $21.83 on Monday. The firm has a 50 day moving average price of $37.14 and a 200-day moving average price of $40.03. Intapp has a 52-week low of $20.76 and a 52-week high of $69.81. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of -72.77, a PEG ratio of 127.50 and a beta of 0.68.

Intapp (NASDAQ:INTA) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. The company had revenue of $140.21 million during the quarter, compared to analyst estimates of $138.20 million. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter last year, the company earned $0.21 EPS. 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, sell-side analysts forecast that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its Board of Directors has approved a share repurchase program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 7.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Intapp

In related news, CEO John T. Hall sold 8,000 shares of the stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $47.48, for a total transaction of $379,840.00. Following the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at $271,189,996.64. This represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.21% of the stock is owned by insiders.

Hedge Funds Weigh In On Intapp

Several hedge funds and other institutional investors have recently modified their holdings of INTA. AQR Capital Management LLC grew its holdings in shares of Intapp by 60.9% in the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after acquiring an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Intapp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after purchasing an additional 1,379 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Intapp by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock valued at $16,318,000 after purchasing an additional 6,210 shares during the period. Freedom Investment Management Inc. grew its stake in shares of Intapp by 16.6% during the 2nd quarter. Freedom Investment Management Inc. now owns 4,458 shares of the company’s stock valued at $230,000 after purchasing an additional 634 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Intapp by 356.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock valued at $33,000 after purchasing an additional 502 shares during 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.