Intapp, Inc. (NASDAQ:INTA) Receives Average Recommendation of “Hold” from Analysts

Shares of Intapp, Inc. (NASDAQ:INTA – Get Free Report) have earned a consensus rating of “Hold” from the ten ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $37.86.

A number of equities analysts have issued reports on the stock. UBS Group lifted their target price on shares of Intapp from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Barclays increased their price target on shares of Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a research report on Wednesday, August 5th. Truist Financial lifted their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Piper Sandler lifted their price objective on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th.

View Our Latest Analysis on Intapp

Insider Buying and Selling

In other Intapp news, CFO David Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $40.88, for a total transaction of $408,800.00. Following the completion of the transaction, the chief financial officer owned 120,074 shares of the company’s stock, valued at approximately $4,908,625.12. This trade represents a 7.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director George Neble sold 2,624 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $40.00, for a total value of $104,960.00. Following the completion of the transaction, the director directly owned 30,465 shares of the company’s stock, valued at approximately $1,218,600. This trade represents a 7.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 88,900 shares of company stock worth $3,628,326. 11.21% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTA. TimesSquare Capital Management LLC purchased a new position in shares of Intapp during the second quarter valued at approximately $12,650,000. Alamar Capital Management LLC acquired a new position in Intapp in the 2nd quarter valued at $2,040,000. AMS Capital Ltda lifted its stake in shares of Intapp by 83.6% during the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after purchasing an additional 147,567 shares during the period. Bank of America Corp DE acquired a new stake in shares of Intapp during the second quarter worth $12,344,000. Finally, Lazard Asset Management LLC boosted its holdings in shares of Intapp by 100.1% during the first quarter. Lazard Asset Management LLC now owns 89,968 shares of the company’s stock worth $2,311,000 after purchasing an additional 45,006 shares during the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Intapp Stock Performance

Intapp stock opened at $35.20 on Friday. Intapp has a fifty-two week low of $19.01 and a fifty-two week high of $47.93. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of -67.69, a price-to-earnings-growth ratio of 13.66 and a beta of 0.45. The stock’s fifty day moving average is $37.35 and its two-hundred day moving average is $28.69.

Intapp (NASDAQ:INTA – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.05. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The business had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. During the same quarter in the previous year, the company posted $0.27 EPS. The business’s revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. As a group, sell-side analysts forecast that Intapp will post 0.07 EPS for the current fiscal year.

About Intapp

(Get Free Report)

Intapp, Inc provides cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client relationships, business development, collaboration, time and expense tracking, billing, compliance, conflicts of interest, and other operational workflows.

The company’s products include DealCloud, a relationship intelligence and deal management platform for private capital markets and investment banking firms; Intapp Documents, which supports document and collaboration workflows; Intapp Time and Intapp Bill, which address time capture and billing processes; and solutions for managing conflicts, engagements, terms, and information barriers.

Featured Stories

Analyst Recommendations for Intapp (NASDAQ:INTA)

Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.com's FREE daily email newsletter.