Intapp (NASDAQ:INTA) Stock Rating Lowered by Wall Street Zen

Intapp (NASDAQ:INTAGet Free Report) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other analysts also recently weighed in on the stock. 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. Citigroup decreased their price target on Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 16th. UBS Group dropped 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. Stifel Nicolaus cut their price objective on Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, July 8th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a report on Tuesday, October 14th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Intapp has an average rating of “Hold” and a consensus target price of $60.13.

Check Out Our Latest Stock Report on INTA

Intapp Trading Up 1.5%

Shares of INTA opened at $37.13 on Friday. The company’s 50-day moving average price is $42.22 and its 200 day moving average price is $47.83. Intapp has a 12-month low of $35.51 and a 12-month high of $77.74. The firm has a market cap of $3.04 billion, a P/E ratio of -154.71, a price-to-earnings-growth ratio of 15.82 and a beta of 0.71.

Intapp (NASDAQ:INTAGet Free Report) last announced its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate 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 0.89%. Intapp’s revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the firm 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. Equities research analysts forecast that Intapp will post -0.14 earnings per share for the current year.

Intapp declared that its board has approved a stock buyback program on Tuesday, August 12th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the company to repurchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Thad Jampol sold 6,184 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $260,099.04. Following the sale, the insider directly owned 882,402 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michele Murgel sold 5,425 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $228,175.50. Following the completion of the sale, the insider directly owned 224,522 shares in the company, valued at approximately $9,443,395.32. This trade represents a 2.36% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 101,169 shares of company stock worth $4,292,798. Corporate insiders own 11.21% of the company’s stock.

Hedge Funds Weigh In On Intapp

Several large investors have recently bought and sold shares of INTA. Farther Finance Advisors LLC raised its stake in Intapp by 74.2% in the first quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after buying an additional 224 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Intapp by 143.0% in the 1st quarter. SG Americas Securities LLC now owns 6,017 shares of the company’s stock valued at $351,000 after acquiring an additional 3,541 shares during the last quarter. Diversified Trust Co raised its position in shares of Intapp by 79.5% during the 1st quarter. Diversified Trust Co now owns 7,389 shares of the company’s stock worth $431,000 after acquiring an additional 3,273 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in 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 purchasing an additional 3,468 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Intapp by 61.9% in the first quarter. Bank of New York Mellon Corp now owns 264,088 shares of the company’s stock valued at $15,417,000 after purchasing an additional 101,004 shares in the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

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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