Alamar Capital Management LLC Sells 2,610 Shares of Intapp, Inc. $INTA

Alamar Capital Management LLC reduced its position in Intapp, Inc. (NASDAQ:INTA) by 3.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,080 shares of the company’s stock after selling 2,610 shares during the quarter. Intapp comprises about 2.3% of Alamar Capital Management LLC’s holdings, making the stock its 12th biggest holding. Alamar Capital Management LLC owned 0.10% of Intapp worth $4,185,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. REAP Financial Group LLC raised its stake in Intapp by 218.5% in the second quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 330 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Intapp in the first quarter valued at approximately $36,000. Quarry LP raised its stake in Intapp by 1,155.4% in the first quarter. Quarry LP now owns 703 shares of the company’s stock valued at $41,000 after purchasing an additional 647 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in Intapp by 414.7% in the first quarter. Nisa Investment Advisors LLC now owns 803 shares of the company’s stock valued at $47,000 after purchasing an additional 647 shares in the last quarter. Finally, CWM LLC raised its stake in Intapp by 27.0% in the first quarter. CWM LLC now owns 1,003 shares of the company’s stock valued at $59,000 after purchasing an additional 213 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors.

Intapp Stock Performance

INTA stock opened at $39.54 on Friday. The company has a market capitalization of $3.23 billion, a PE ratio of -164.75, a price-to-earnings-growth ratio of 16.79 and a beta of 0.71. Intapp, Inc. has a one year low of $35.51 and a one year high of $77.74. The company’s 50 day moving average price is $42.23 and its two-hundred day moving average price is $47.54.

Intapp (NASDAQ:INTA) last posted its quarterly 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. The firm had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The business’s revenue was up 18.1% compared to the same quarter last year. During the same period last year, the firm posted $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. On average, research analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 12th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

INTA has been the topic of a number of recent analyst reports. Citigroup lowered their target price on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 16th. UBS Group lowered their target price on shares of Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. Piper Sandler set a $42.00 target price on shares of Intapp and gave the company a “neutral” rating in a research note on Monday. Stifel Nicolaus lowered their target price on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, July 8th. Finally, Barclays lowered their target price on shares of Intapp from $47.00 to $43.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 14th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $58.50.

Insider Buying and Selling

In related news, insider Thad Jampol sold 6,184 shares of Intapp stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total value of $260,099.04. Following the transaction, the insider directly owned 882,402 shares of the company’s stock, valued at $37,113,828.12. The trade was a 0.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO David H. Morton, Jr. sold 10,000 shares of Intapp stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $42.95, for a total transaction of $429,500.00. Following the completion of the transaction, the chief financial officer directly owned 36,855 shares in the company, valued at approximately $1,582,922.25. The trade was a 21.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 101,169 shares of company stock valued at $4,292,798 over the last quarter. Company insiders own 11.21% of the company’s stock.

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.