Kornitzer Capital Management Inc. KS Has $1.77 Million Stock Position in Intapp, Inc. $INTA

Kornitzer Capital Management Inc. KS lessened its stake in shares of Intapp, Inc. (NASDAQ:INTA) by 46.1% during the first quarter, Holdings Channel.com reports. The firm owned 69,055 shares of the company’s stock after selling 59,125 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Intapp were worth $1,774,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bamco Inc. NY grew its position in Intapp by 15.5% in the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock valued at $152,488,000 after purchasing an additional 447,039 shares during the period. Capital World Investors raised its holdings in Intapp by 3.5% during the fourth quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock worth $137,101,000 after buying an additional 100,000 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Intapp by 143.7% in the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after buying an additional 1,115,392 shares in the last quarter. Praesidium Investment Management Company LLC lifted its stake in shares of Intapp by 5.7% in the fourth quarter. Praesidium Investment Management Company LLC now owns 1,841,850 shares of the company’s stock valued at $84,394,000 after buying an additional 98,767 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in shares of Intapp by 3.7% during the fourth quarter. Jennison Associates LLC now owns 1,831,625 shares of the company’s stock valued at $83,925,000 after buying an additional 65,174 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Intapp news, insider Michele Murgel sold 14,591 shares of Intapp stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the sale, the insider owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. The trade was a 5.88% decrease in their ownership of the stock. 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. Corporate insiders own 11.21% of the company’s stock.

Intapp Stock Performance

NASDAQ:INTA opened at $28.07 on Monday. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -61.02, a price-to-earnings-growth ratio of 3.11 and a beta of 0.47. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $47.93. The firm has a 50-day moving average price of $23.45 and a two-hundred day moving average price of $27.52.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $146.04 million for the quarter, compared to the consensus estimate of $144.32 million. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 EPS. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. As a group, sell-side analysts forecast that Intapp, Inc. will post -0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on INTA shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. UBS Group decreased their price objective on Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. JPMorgan Chase & Co. lowered their price objective on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Finally, Barclays lifted their target price on Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $34.57.

Intapp 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.