Intapp (NASDAQ:INTA) Stock Price Up 10.3% on Analyst Upgrade

Intapp, Inc. (NASDAQ:INTA)’s share price was up 10.3% during trading on Tuesday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The company traded as high as $21.55 and last traded at $21.4790. Approximately 1,050,860 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 1,359,636 shares. The stock had previously closed at $19.47.

Other equities research analysts have also issued research reports about the stock. UBS Group set a $54.00 price target on shares of Intapp in a report on Wednesday, February 4th. Barclays lowered their price target on Intapp from $46.00 to $35.00 and set an “underweight” rating for the company 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 on the stock in a research report on Thursday, February 5th. Stifel Nicolaus cut their target price on shares of Intapp from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a research report on Monday, December 29th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Intapp has an average rating of “Hold” and a consensus price target of $41.57.

Insider Transactions at Intapp

In other Intapp news, CEO John T. Hall sold 8,000 shares of the business’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $47.48, for a total value of $379,840.00. Following the sale, the chief executive officer directly owned 5,711,668 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. Insiders own 11.21% of the company’s stock.

Institutional Investors Weigh In On Intapp

A number of institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC increased its position in shares of Intapp by 60.9% during the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after acquiring an additional 11,719 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Intapp by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after buying an additional 1,379 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Intapp by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after buying an additional 6,210 shares during the last quarter. Freedom Investment Management Inc. raised its position in Intapp by 16.6% in the 2nd quarter. Freedom Investment Management Inc. now owns 4,458 shares of the company’s stock worth $230,000 after buying an additional 634 shares during the last quarter. Finally, AlphaQuest LLC bought a new position in Intapp during the 2nd quarter valued at about $393,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Intapp Stock Performance

The business’s fifty day moving average price is $36.20 and its 200-day moving average price is $39.80. The stock has a market cap of $1.71 billion, a PE ratio of -71.07, a P/E/G ratio of 113.72 and a beta of 0.68.

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

Intapp declared that its Board of Directors has initiated a stock repurchase program on Tuesday, February 3rd that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 7.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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.