TD Asset Management Inc Reduces Stock Holdings in Intapp, Inc. $INTA

TD Asset Management Inc trimmed its position in shares of Intapp, Inc. (NASDAQ:INTA) by 56.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,576 shares of the company’s stock after selling 22,628 shares during the period. TD Asset Management Inc’s holdings in Intapp were worth $719,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Westfield Capital Management Co. LP bought a new position in shares of Intapp during the 2nd quarter worth $38,657,000. Norges Bank purchased a new stake in Intapp in the 2nd quarter worth about $35,081,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Intapp by 90,094.4% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 533,951 shares of the company’s stock valued at $21,838,000 after acquiring an additional 533,359 shares during the period. Artisan Partners Limited Partnership raised its stake in Intapp by 25.5% in the 2nd quarter. Artisan Partners Limited Partnership now owns 1,331,580 shares of the company’s stock valued at $68,736,000 after acquiring an additional 270,214 shares during the period. Finally, Brown Capital Management LLC purchased a new stake in Intapp during the third quarter valued at about $8,741,000. 89.96% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO John T. Hall sold 8,000 shares of the company’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $47.48, for a total value of $379,840.00. Following the completion of the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 11.21% of the company’s stock.

Intapp Trading Down 1.7%

Shares of NASDAQ:INTA opened at $27.81 on Friday. The company has a 50 day moving average of $32.70 and a 200 day moving average of $38.96. The stock has a market cap of $2.24 billion, a P/E ratio of -92.70, a P/E/G ratio of 123.88 and a beta of 0.73. Intapp, Inc. has a 12 month low of $19.24 and a 12 month high of $64.31.

Intapp (NASDAQ:INTA) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.07. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The firm had revenue of $140.21 million for the quarter, compared to analysts’ expectations of $138.20 million. During the same quarter last year, the firm posted $0.21 EPS. The company’s revenue was up 15.7% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. On average, equities analysts forecast 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, February 3rd that permits the company to buyback $200.00 million in shares. This buyback authorization permits the company to reacquire up to 7.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on INTA shares. UBS Group set a $54.00 target price on shares of Intapp in a research note on Wednesday, February 4th. Piper Sandler dropped their price target on shares of Intapp from $33.00 to $25.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Stifel Nicolaus cut their price objective on shares of Intapp from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Citigroup reduced their price objective on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a report on Monday, December 29th. Four equities 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 company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.71.

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.