Intapp (NASDAQ:INTA) Price Target Lowered to $25.00 at Piper Sandler

Intapp (NASDAQ:INTA) had its price objective dropped by investment analysts at Piper Sandler from $33.00 to $25.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Piper Sandler’s price objective would indicate a potential upside of 13.07% from the company’s current price.

Other research analysts have also issued research reports about the company. Barclays dropped their price objective on Intapp from $46.00 to $35.00 and set an “underweight” rating on the stock in a report on Wednesday, February 4th. Truist Financial set a $35.00 price target on shares of Intapp in a report on Wednesday, February 4th. Citigroup reduced their price objective on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a research report on Monday, December 29th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Intapp in a research report on Thursday. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus target price of $39.71.

Intapp Price Performance

Shares of NASDAQ:INTA traded up $0.48 during trading on Thursday, reaching $22.11. The company had a trading volume of 433,275 shares, compared to its average volume of 1,379,426. Intapp has a fifty-two week low of $19.24 and a fifty-two week high of $67.76. The stock’s fifty day moving average price is $35.72 and its 200 day moving average price is $39.67. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of -73.42, a price-to-earnings-growth ratio of 124.53 and a beta of 0.68.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.07. The company had revenue of $140.21 million for the quarter, compared to analysts’ expectations of $138.20 million. Intapp had a negative net margin of 4.37% and a negative return on equity of 0.62%. Intapp’s revenue was up 15.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.21 EPS. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. On average, equities analysts anticipate that Intapp will post -0.14 EPS for the current fiscal year.

Intapp announced that its board has approved a share repurchase program on Tuesday, February 3rd that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the company to buy up to 7.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Intapp news, CEO John T. Hall sold 8,000 shares of the firm’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $47.48, for a total transaction of $379,840.00. Following the sale, the chief executive officer directly owned 5,711,668 shares of the company’s stock, valued at $271,189,996.64. This trade represents a 0.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 11.21% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in Intapp by 60.9% in the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after buying an additional 11,719 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Intapp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after acquiring an additional 1,379 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Intapp by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock valued at $16,318,000 after purchasing an additional 6,210 shares during the last quarter. AlphaQuest LLC acquired a new stake in Intapp during the 2nd quarter valued at approximately $393,000. Finally, State of New Jersey Common Pension Fund D raised its position in shares of Intapp by 13.7% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 33,388 shares of the company’s stock valued at $1,723,000 after purchasing an additional 4,033 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

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.