Intapp (NASDAQ:INTA) Price Target Lowered to $70.00 at JPMorgan Chase & Co.

Intapp (NASDAQ:INTA) had its price target dropped by research analysts at JPMorgan Chase & Co. from $80.00 to $70.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 76.16% from the company’s previous close.

INTA has been the subject of several other reports. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Barclays cut their target price on shares of Intapp from $47.00 to $43.00 and set an “underweight” rating for the company in a research note on Tuesday, October 14th. Piper Sandler set a $42.00 target price on shares of Intapp and gave the company a “neutral” rating in a research note on Monday, October 20th. Stifel Nicolaus set a $50.00 target price on shares of Intapp in a research note on Wednesday. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Tuesday, October 14th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Intapp has a consensus rating of “Hold” and a consensus target price of $56.29.

Intapp Trading Up 7.2%

Shares of NASDAQ INTA traded up $2.67 during mid-day trading on Wednesday, hitting $39.74. The company had a trading volume of 700,037 shares, compared to its average volume of 737,607. The company has a market capitalization of $3.25 billion, a PE ratio of -165.52, a price-to-earnings-growth ratio of 16.19 and a beta of 0.70. The firm has a 50-day simple moving average of $41.58 and a two-hundred day simple moving average of $46.64. Intapp has a one year low of $35.51 and a one year high of $77.74.

Intapp (NASDAQ:INTA) last issued its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The company had revenue of $139.03 million for the quarter, compared to analysts’ expectations of $135.34 million. During the same period in the prior year, the firm earned $0.21 EPS. Intapp’s quarterly revenue was up 17.0% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. Sell-side analysts expect that Intapp will post -0.14 earnings per share for the current fiscal year.

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

Insider Buying and Selling at Intapp

In other Intapp news, COO Donald F. Coleman sold 1,520 shares of Intapp stock in a transaction on Friday, September 12th. The stock was sold at an average price of $45.21, for a total value of $68,719.20. Following the completion of the transaction, the chief operating officer directly owned 442,061 shares of the company’s stock, valued at $19,985,577.81. The trade was a 0.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John T. Hall sold 8,000 shares of Intapp stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $43.46, for a total transaction of $347,680.00. Following the completion of the transaction, the chief executive officer directly owned 5,598,775 shares in the company, valued at $243,322,761.50. This trade represents a 0.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,169 shares of company stock valued at $4,292,798 over the last ninety days. 11.21% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Intapp by 1.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 455,085 shares of the company’s stock valued at $26,568,000 after acquiring an additional 6,419 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Intapp in the 1st quarter valued at $924,000. Thoroughbred Financial Services LLC lifted its holdings in shares of Intapp by 128.0% during the first quarter. Thoroughbred Financial Services LLC now owns 13,768 shares of the company’s stock worth $803,000 after purchasing an additional 7,729 shares during the period. Jump Financial LLC acquired a new position in shares of Intapp during the first quarter worth $756,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Intapp by 4.5% during the first quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company’s stock worth $388,352,000 after purchasing an additional 283,923 shares during the period. 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.