Wall Street Zen Upgrades Intapp (NASDAQ:INTA) to Buy

Intapp (NASDAQ:INTA) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Sunday.

Other equities research analysts have also issued research reports about the company. UBS Group lowered their price objective on Intapp from $83.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, August 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Tuesday, October 14th. Piper Sandler set a $42.00 price target on shares of Intapp and gave the stock a “neutral” rating in a research note on Monday, October 20th. Barclays cut their price target on shares of Intapp from $47.00 to $43.00 and set an “underweight” rating on the stock in a report on Tuesday, October 14th. Finally, Citigroup reduced their price objective on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 16th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Intapp has a consensus rating of “Hold” and a consensus target price of $58.50.

Intapp Trading Down 0.6%

INTA opened at $39.68 on Friday. Intapp has a twelve month low of $35.51 and a twelve month high of $77.74. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of -165.33, a PEG ratio of 17.01 and a beta of 0.71. The company has a fifty day simple moving average of $42.14 and a 200 day simple moving average of $47.27.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $135.04 million for the quarter, compared to analyst estimates of $132.07 million. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The firm’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 EPS. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. On average, analysts forecast that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its board has authorized a stock repurchase plan on Tuesday, August 12th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, CEO John T. Hall sold 19,515 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $42.94, for a total transaction of $837,974.10. Following the completion of the sale, the chief executive officer owned 5,598,775 shares of the company’s stock, valued at $240,411,398.50. This represents a 0.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David Benjamin Harrison sold 6,690 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $281,381.40. Following the sale, the insider owned 12,447 shares in the company, valued at approximately $523,520.82. This trade represents a 34.96% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 101,169 shares of company stock worth $4,292,798. Corporate insiders own 11.21% of the company’s stock.

Institutional Trading of Intapp

Hedge funds have recently bought and sold shares of the company. Diversified Trust Co grew its position in Intapp by 79.5% in the 1st quarter. Diversified Trust Co now owns 7,389 shares of the company’s stock worth $431,000 after purchasing an additional 3,273 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Intapp by 54.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 9,891 shares of the company’s stock worth $588,000 after buying an additional 3,468 shares during the period. Bank of New York Mellon Corp grew its holdings in Intapp by 61.9% in the 1st quarter. Bank of New York Mellon Corp now owns 264,088 shares of the company’s stock worth $15,417,000 after buying an additional 101,004 shares in the last quarter. Palisades Investment Partners LLC increased its position in Intapp by 1.7% in the 1st quarter. Palisades Investment Partners LLC now owns 168,842 shares of the company’s stock valued at $9,857,000 after acquiring an additional 2,829 shares during the period. Finally, Nisa Investment Advisors LLC raised its stake in Intapp by 414.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company’s stock valued at $47,000 after acquiring an additional 647 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors.

Intapp Company Profile

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.