Simplicity Wealth LLC Buys New Shares in Intapp, Inc. $INTA

Simplicity Wealth LLC bought a new position in shares of Intapp, Inc. (NASDAQ:INTA) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,982 shares of the company’s stock, valued at approximately $504,000.

Several other large investors also recently bought and sold shares of the stock. Strive Financial Group LLC purchased a new position in shares of Intapp in the 4th quarter valued at about $28,000. Harbor Investment Advisory LLC purchased a new stake in shares of Intapp during the second quarter worth approximately $36,000. First Horizon Corp acquired a new stake in Intapp in the fourth quarter valued at approximately $44,000. Optiver Holding B.V. raised its holdings in Intapp by 2,232.1% in the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after acquiring an additional 1,741 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its stake in Intapp by 913.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock worth $48,000 after acquiring an additional 950 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Intapp Stock Performance

Shares of INTA stock opened at $38.49 on Tuesday. The stock’s 50-day moving average is $28.84 and its two-hundred day moving average is $25.71. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of -74.02, a PEG ratio of 15.49 and a beta of 0.42. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $47.93.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The business had revenue of $152.53 million for the quarter, compared to analysts’ expectations of $149.75 million. Intapp had a negative return on equity of 3.12% and a negative net margin of 7.15%.The business’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm 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, research analysts predict that Intapp, Inc. will post 0.07 EPS for the current year.

Insider Buying and Selling

In other Intapp news, insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the sale, the insider owned 233,632 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on INTA shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. Zacks Research cut shares of Intapp from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 30th. Piper Sandler boosted their target price on shares of Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. dropped their target price on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research note on Saturday. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $37.86.

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.