Intapp, Inc. (NASDAQ:INTA – Get Free Report) was up 5.4% during trading on Tuesday . The stock traded as high as $44.95 and last traded at $44.8250. Approximately 127,441 shares traded hands during trading, a decline of 83% from the average daily volume of 732,763 shares. The stock had previously closed at $42.53.
Analyst Ratings Changes
Several brokerages have recently weighed in on INTA. JPMorgan Chase & Co. reduced their target price on shares of Intapp from $80.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Citigroup decreased their price objective on Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intapp in a research note on Monday, December 8th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Finally, Piper Sandler set a $42.00 price target on shares of Intapp and gave the stock a “neutral” rating in a research report on Monday, October 20th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intapp currently has an average rating of “Hold” and an average target price of $54.86.
Get Our Latest Report on Intapp
Intapp Stock Performance
Intapp (NASDAQ:INTA – Get Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The company had revenue of $139.03 million during the quarter, compared to analysts’ expectations of $135.34 million. During the same period last year, the business earned $0.21 EPS. Intapp’s revenue for the quarter was up 17.0% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS and its Q2 2026 guidance at 0.250-0.270 EPS. As a group, research analysts predict that Intapp, Inc. will post -0.14 EPS for the current fiscal year.
Insider Activity at Intapp
In related news, CEO John T. Hall sold 22,243 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $40.76, for a total transaction of $906,624.68. Following the completion of the sale, the chief executive officer owned 5,711,668 shares of the company’s stock, valued at approximately $232,807,587.68. This represents a 0.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David H. Morton, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the completion of the transaction, the chief financial officer owned 43,765 shares in the company, valued at approximately $1,783,861.40. This represents a 18.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.21% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its position in 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 last quarter. Jump Financial LLC purchased a new stake in Intapp during the 1st quarter valued at $756,000. Harbor Capital Advisors Inc. bought a new position in shares of Intapp in the second quarter worth about $2,490,000. TD Asset Management Inc lifted its position in shares of Intapp by 26.2% during the second quarter. TD Asset Management Inc now owns 40,204 shares of the company’s stock worth $2,075,000 after purchasing an additional 8,350 shares during the last quarter. Finally, Artisan Partners Limited Partnership grew its stake in Intapp by 25.5% during the 2nd quarter. Artisan Partners Limited Partnership now owns 1,331,580 shares of the company’s stock worth $68,736,000 after buying an additional 270,214 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.
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.
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