Brokerages Set Intapp, Inc. (NASDAQ:INTA) PT at $60.63

Shares of Intapp, Inc. (NASDAQ:INTA) have earned an average recommendation of “Hold” from the nine analysts that are presently 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 1-year price target among brokerages that have issued ratings on the stock in the last year is $60.6250.

Several analysts have issued reports on INTA shares. Citigroup dropped their price target on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 16th. Stifel Nicolaus dropped their price target on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, July 8th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, September 14th. Barclays upped their price target on shares of Intapp from $44.00 to $47.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 13th. Finally, UBS Group dropped their price target on shares of Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, August 13th.

Insider Buying and Selling

In other news, CEO John T. Hall sold 19,515 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $42.94, for a total value of $837,974.10. Following the transaction, the chief executive officer directly owned 5,598,775 shares of the company’s stock, valued at $240,411,398.50. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Benjamin Harrison sold 6,690 shares of the stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $281,381.40. Following the completion of the transaction, the insider directly owned 12,447 shares in the company, valued at $523,520.82. The trade was a 34.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 101,169 shares of company stock valued at $4,292,798. 11.21% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Intapp

Large investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its position in shares of Intapp by 1.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 455,085 shares of the company’s stock valued at $26,568,000 after purchasing an additional 6,419 shares during the period. Jefferies Financial Group Inc. bought a new position in Intapp during the first quarter worth about $924,000. Thoroughbred Financial Services LLC increased its position in Intapp by 128.0% during the first quarter. Thoroughbred Financial Services LLC now owns 13,768 shares of the company’s stock worth $803,000 after acquiring an additional 7,729 shares during the period. Jump Financial LLC bought a new position in Intapp during the first quarter worth about $756,000. Finally, Rhumbline Advisers increased its position in Intapp by 7.2% during the first quarter. Rhumbline Advisers now owns 78,398 shares of the company’s stock worth $4,577,000 after acquiring an additional 5,257 shares during the period. 89.96% of the stock is owned by institutional investors.

Intapp Trading Down 1.6%

Shares of INTA opened at $37.16 on Thursday. Intapp has a 12 month low of $35.51 and a 12 month high of $77.74. The firm has a fifty day simple moving average of $42.34 and a 200 day simple moving average of $48.42. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of -154.83, a PEG ratio of 16.09 and a beta of 0.71.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The business had revenue of $135.04 million during the quarter, compared to analysts’ expectations of $132.07 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The firm’s revenue was up 18.1% on a year-over-year basis. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. As a group, research analysts predict that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp declared that its Board of Directors has authorized a stock buyback plan on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Intapp Company Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.