New York State Common Retirement Fund lowered its stake in Intapp, Inc. (NASDAQ:INTA – Free Report) by 33.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 272,410 shares of the company’s stock after selling 136,092 shares during the quarter. New York State Common Retirement Fund’s holdings in Intapp were worth $11,142,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. REAP Financial Group LLC raised its stake in shares of Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after acquiring an additional 330 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Intapp in the 2nd quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd raised its position in Intapp by 356.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock valued at $33,000 after purchasing an additional 502 shares during the period. Blue Trust Inc. lifted its stake in Intapp by 27.9% during the third quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock worth $58,000 after purchasing an additional 310 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Intapp by 77.8% in the third quarter. CWM LLC now owns 1,604 shares of the company’s stock valued at $66,000 after buying an additional 702 shares in the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.
Insider Transactions at Intapp
In other news, CFO David H. Morton, Jr. sold 10,000 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the completion of the transaction, the chief financial officer directly owned 43,765 shares of the company’s stock, valued at approximately $1,783,861.40. This represents a 18.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO John T. Hall sold 8,000 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $47.48, for a total value of $379,840.00. Following the completion of the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. The trade was a 0.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,243 shares of company stock valued at $2,070,785 over the last ninety days. 11.21% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
View Our Latest Analysis on INTA
Intapp Trading Down 12.9%
Shares of NASDAQ:INTA opened at $29.31 on Wednesday. Intapp, Inc. has a 52 week low of $28.78 and a 52 week high of $77.74. The company’s 50 day moving average is $42.22 and its two-hundred day moving average is $41.62. The company has a market cap of $2.40 billion, a PE ratio of -81.41, a P/E/G ratio of 56.57 and a beta of 0.68.
Intapp (NASDAQ:INTA – Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The firm had revenue of $139.03 million during the quarter, compared to the consensus estimate of $135.34 million. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The company’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 earnings per share. As a group, equities research analysts expect that Intapp, Inc. will post -0.14 EPS for the current year.
Intapp announced that its Board of Directors has approved a stock buyback program on Tuesday, February 3rd that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 7.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
Intapp News Roundup
Here are the key news stories impacting Intapp this week:
- Positive Sentiment: Q2 results beat expectations — Intapp reported $0.33 EPS vs. a $0.26 consensus and revenue of $140.21M vs. $138.2M; revenue grew ~15.7% year-over-year. Strong top- and bottom-line beats are a direct bullish catalyst. Intapp announces second quarter fiscal year 2026 financial results
- Positive Sentiment: Management lifted guidance — Q3 EPS guide raised to $0.270–$0.290 (vs. $0.20 consensus) and FY2026 EPS guide to $1.200–$1.240 (above $1.17 consensus); revenue guides are roughly in line. Upward guidance typically supports multiple expansion and investor confidence. Intapp announces second quarter fiscal year 2026 financial results
- Positive Sentiment: $200 million share repurchase — Board authorized buybacks (~7.3% of shares), signaling management thinks the stock is undervalued and providing direct support to EPS and share price. Intapp announces $200 million stock repurchase program
- Neutral Sentiment: Earnings call transcript and materials are available — investors can review management commentary and the slide deck for details on client wins, AI product cadence and margin drivers. Useful for confirming durability of guidance. Intapp, Inc. (INTA) Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Analyst write-ups (Zacks et al.) highlight the beat and detail metric-level performance — helpful context but largely restating the press release. Intapp (INTA) Q2 Earnings and Revenues Beat Estimates
- Negative Sentiment: Profitability and valuation remain concerns — Intapp still shows a negative net margin (~-5.35%) and negative ROE; GAAP profitability and cash-conversion trends will be scrutinized even after the beat.
- Negative Sentiment: Technical/valuation headwinds — shares are trading below the 50- and 200-day moving averages and nearer the 52-week low than the high, which can limit upside until positive momentum sustains.
About Intapp
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.
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