Thad Jampol Sells 6,184 Shares of Intapp (NASDAQ:INTA) Stock

Intapp, Inc. (NASDAQ:INTAGet Free Report) insider Thad Jampol sold 6,184 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 $260,099.04. Following the sale, the insider owned 882,402 shares of the company’s stock, valued at approximately $37,113,828.12. This represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Intapp Trading Up 0.2%

Intapp stock opened at $41.90 on Friday. The firm has a 50-day moving average of $44.96 and a 200-day moving average of $54.31. The firm has a market cap of $3.39 billion, a P/E ratio of -174.58, a P/E/G ratio of 12.94 and a beta of 0.73. Intapp, Inc. has a 1-year low of $35.51 and a 1-year high of $77.74.

Intapp (NASDAQ:INTAGet Free Report) last posted its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. The company had revenue of $135.04 million during 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 0.91%. Intapp’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Research analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its board has authorized a share buyback program on Tuesday, August 12th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On Intapp

Several large investors have recently made changes to their positions in the business. CWM LLC lifted its holdings in shares of Intapp by 27.0% during the first quarter. CWM LLC now owns 1,003 shares of the company’s stock valued at $59,000 after purchasing an additional 213 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Intapp by 74.2% during the first quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after purchasing an additional 224 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Intapp by 3.5% during the first quarter. Hsbc Holdings PLC now owns 8,001 shares of the company’s stock valued at $465,000 after purchasing an additional 272 shares during the last quarter. REAP Financial Group LLC lifted its holdings in shares of Intapp by 218.5% during the second quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 330 shares during the last quarter. Finally, Caxton Associates LLP lifted its holdings in shares of Intapp by 6.9% during the second quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock valued at $309,000 after purchasing an additional 388 shares during the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTA has been the subject of a number of analyst reports. Piper Sandler upgraded shares of Intapp to a “neutral” rating and set a $55.00 target price for the company in a report on Tuesday, June 24th. UBS Group dropped their target price on shares of Intapp from $83.00 to $72.00 and set a “buy” rating for the company in a report on Wednesday, August 13th. Wall Street Zen lowered shares of Intapp from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 21st. Stifel Nicolaus lowered their price objective on shares of Intapp from $65.00 to $60.00 and set a “buy” rating for the company in a report on Tuesday, July 8th. Finally, Barclays raised their price objective on shares of Intapp from $44.00 to $47.00 and gave the stock an “underweight” rating in a report on Wednesday, August 13th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Intapp has an average rating of “Hold” and an average target price of $60.63.

Check Out Our Latest Analysis on INTA

Intapp Company Profile

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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.

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