Intapp, Inc. (NASDAQ:INTA) Receives $37.86 Consensus PT from Analysts

Intapp, Inc. (NASDAQ:INTA) has been assigned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $37.8571.

A number of analysts have recently issued reports on INTA shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. Citigroup raised their price objective on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Piper Sandler upped their price target on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, Truist Financial increased their target price on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th.

Insider Transactions at Intapp

In other news, insider Michele Murgel sold 14,591 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the sale, the insider directly owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. This represents a 5.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John T. Hall sold 65,802 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $41.20, for a total value of $2,711,042.40. Following the transaction, the chief executive officer directly owned 5,814,808 shares of the company’s stock, valued at approximately $239,570,089.60. The trade was a 1.12% 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. Insiders have sold 94,491 shares of company stock worth $3,650,613 in the last quarter. 11.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Intapp

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC boosted its position in shares of Intapp by 60.9% in the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after purchasing an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Intapp by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock valued at $1,853,000 after buying an additional 1,379 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Intapp by 2.3% during the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after acquiring an additional 6,210 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Intapp by 208.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $95,000 after purchasing an additional 1,248 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Intapp in the second quarter valued at approximately $693,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Intapp Stock Down 1.7%

INTA stock opened at $41.49 on Monday. The company has a market cap of $3.17 billion, a price-to-earnings ratio of -79.79, a PEG ratio of 16.30 and a beta of 0.45. The business has a fifty day simple moving average of $33.32 and a 200-day simple moving average of $26.83. Intapp has a 52 week low of $19.01 and a 52 week high of $47.93.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The firm had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The firm’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.27 earnings per share. 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, analysts expect that Intapp will post 0.07 earnings per share for the current fiscal 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.