Y Intercept Hong Kong Ltd Invests $4.17 Million in Intapp, Inc. $INTA

Y Intercept Hong Kong Ltd purchased a new position in Intapp, Inc. (NASDAQ:INTA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 80,846 shares of the company’s stock, valued at approximately $4,173,000. Y Intercept Hong Kong Ltd owned about 0.10% of Intapp at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of INTA. REAP Financial Group LLC boosted its stake in shares of Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock worth $25,000 after buying an additional 330 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Intapp by 356.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after buying an additional 502 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Intapp during the first quarter valued at $36,000. Quarry LP lifted its position in Intapp by 1,155.4% during 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. Finally, Nisa Investment Advisors LLC lifted its position in Intapp by 414.7% during 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. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intapp

In other news, CEO John T. Hall sold 8,000 shares of Intapp stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $43.46, for a total value of $347,680.00. Following the sale, the chief executive officer directly owned 5,598,775 shares of the company’s stock, valued at approximately $243,322,761.50. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO David H. Morton, Jr. sold 10,000 shares of Intapp stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $42.95, for a total value of $429,500.00. Following the completion of the sale, the chief financial officer directly owned 36,855 shares in the company, valued at $1,582,922.25. This trade represents a 21.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 101,169 shares of company stock valued at $4,292,798. 11.21% of the stock is currently owned by corporate insiders.

Intapp Stock Down 0.2%

NASDAQ:INTA opened at $39.62 on Wednesday. The business’s 50-day simple moving average is $42.08 and its two-hundred day simple moving average is $47.17. The stock has a market cap of $3.24 billion, a PE ratio of -165.08, a P/E/G ratio of 16.91 and a beta of 0.71. Intapp, Inc. has a 52 week low of $35.51 and a 52 week high of $77.74.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. The business had revenue of $135.04 million for the quarter, compared to analysts’ expectations of $132.07 million. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period last year, the firm earned $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. Sell-side analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its Board of Directors has initiated a stock buyback program on Tuesday, August 12th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

INTA has been the topic of several analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research report on Tuesday, October 14th. UBS Group lowered their target price on Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, August 13th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Sunday. Stifel Nicolaus lowered their target price on Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, July 8th. Finally, Barclays lowered their target price on Intapp from $47.00 to $43.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 14th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $58.00.

About Intapp

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.