Intapp (NASDAQ:INTA – Get Free Report) updated its first quarter 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.390-0.410 for the period, compared to the consensus EPS estimate of 0.280. The company issued revenue guidance of $159.3 million-$160.3 million, compared to the consensus revenue estimate of $157.4 million. Intapp also updated its FY 2027 guidance to 1.580-1.620 EPS.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. Citigroup lifted their price target on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Zacks Research downgraded shares of Intapp from a “hold” rating to a “strong sell” rating in a report on Thursday, July 30th. Wall Street Zen cut shares of Intapp from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Truist Financial increased their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Intapp currently has an average rating of “Hold” and a consensus price target of $37.86.
View Our Latest Stock Analysis on Intapp
Intapp Stock Performance
Intapp (NASDAQ:INTA – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.12%. The firm had revenue of $152.53 million for the quarter, compared to analysts’ expectations of $149.75 million. During the same quarter last year, the company posted $0.27 EPS. The business’s quarterly 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. Sell-side analysts predict that Intapp will post 0.19 EPS for the current year.
Insiders Place Their Bets
In other Intapp news, insider Michele Murgel sold 14,591 shares of Intapp stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the sale, the insider owned 233,632 shares of the company’s stock, valued at $5,845,472.64. The trade was a 5.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is owned by insiders.
Hedge Funds Weigh In On Intapp
A number of large investors have recently added to or reduced their stakes in INTA. Strive Financial Group LLC bought a new stake in Intapp in the fourth quarter worth $28,000. Mercer Global Advisors Inc. ADV bought a new position in Intapp during the 4th quarter worth approximately $320,000. State of Tennessee Department of Treasury increased its stake in Intapp by 15.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 5,646 shares of the company’s stock worth $259,000 after purchasing an additional 770 shares during the period. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Intapp by 10.6% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,134,697 shares of the company’s stock valued at $51,992,000 after purchasing an additional 108,939 shares during the period. Finally, XTX Topco Ltd boosted its stake in shares of Intapp by 211.0% during the fourth quarter. XTX Topco Ltd now owns 19,856 shares of the company’s stock valued at $910,000 after purchasing an additional 13,472 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.
About Intapp
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.
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