Kornitzer Capital Management Inc. KS Grows Stock Holdings in Intapp, Inc. $INTA

Kornitzer Capital Management Inc. KS grew its holdings in Intapp, Inc. (NASDAQ:INTA) by 21.6% during the third quarter, HoldingsChannel.com reports. The fund owned 128,180 shares of the company’s stock after purchasing an additional 22,735 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Intapp were worth $5,243,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Palisades Investment Partners LLC boosted its stake in Intapp by 0.6% during the 3rd quarter. Palisades Investment Partners LLC now owns 165,053 shares of the company’s stock valued at $6,751,000 after acquiring an additional 994 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Intapp by 16.8% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 5,673 shares of the company’s stock worth $232,000 after purchasing an additional 816 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Intapp by 31.2% in the third quarter. Teacher Retirement System of Texas now owns 48,785 shares of the company’s stock valued at $1,995,000 after buying an additional 11,601 shares during the last quarter. Covestor Ltd grew its position in shares of Intapp by 42.0% in the 3rd quarter. Covestor Ltd now owns 2,410 shares of the company’s stock worth $99,000 after acquiring an additional 713 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Intapp by 377.9% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 32,297 shares of the company’s stock worth $1,321,000 after buying an additional 25,539 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on INTA shares. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Barclays upped their price objective on shares of Intapp from $43.00 to $46.00 and gave the stock an “underweight” rating in a report on Monday, January 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a research note on Monday, December 29th. Citigroup upped their price target on shares of Intapp from $46.00 to $49.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 23rd. Finally, UBS Group dropped their target price on Intapp from $72.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $55.29.

Insider Activity

In other news, CFO David H. Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer directly owned 43,765 shares of the company’s stock, valued at $1,783,861.40. This trade represents a 18.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John T. Hall sold 22,243 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $40.76, for a total transaction of $906,624.68. Following the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at approximately $232,807,587.68. The trade was a 0.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 48,243 shares of company stock worth $2,070,785. Insiders own 11.21% of the company’s stock.

Intapp Price Performance

NASDAQ INTA opened at $36.80 on Wednesday. Intapp, Inc. has a 12 month low of $35.51 and a 12 month high of $77.74. The company has a market capitalization of $3.02 billion, a P/E ratio of -102.22, a PEG ratio of 66.01 and a beta of 0.69. The company’s 50 day simple moving average is $42.96 and its 200 day simple moving average is $41.96.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $139.03 million for the quarter, compared to analyst estimates of $135.34 million. During the same quarter in the previous year, the business posted $0.21 earnings per share. The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS and its Q2 2026 guidance at 0.250-0.270 EPS. On average, analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current year.

Intapp Company Profile

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.