Wall Street Zen Downgrades Intapp (NASDAQ:INTA) to Hold

Intapp (NASDAQ:INTA) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

INTA has been the subject of a number of other research reports. Citigroup increased their target price on shares of Intapp from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Barclays boosted their price target on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 1st. JPMorgan Chase & Co. dropped their price objective on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $34.57.

Intapp Price Performance

Shares of NASDAQ:INTA opened at $29.12 on Friday. The business’s fifty day moving average price is $23.95 and its two-hundred day moving average price is $26.86. Intapp has a fifty-two week low of $19.01 and a fifty-two week high of $47.93. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of -63.30, a price-to-earnings-growth ratio of 3.22 and a beta of 0.47.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The firm had revenue of $146.04 million during the quarter, compared to analyst estimates of $144.32 million. During the same period in the prior year, the company posted $0.26 earnings per share. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. Research analysts expect that Intapp will post -0.05 EPS for the current fiscal year.

Insider Transactions at Intapp

In related news, insider Michele Murgel sold 14,591 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $25.02, for a total transaction of $365,066.82. Following the transaction, the insider owned 233,632 shares in the company, valued at $5,845,472.64. This represents a 5.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intapp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Natixis Advisors LLC boosted its position in Intapp by 2.2% in the 3rd quarter. Natixis Advisors LLC now owns 11,603 shares of the company’s stock valued at $475,000 after buying an additional 250 shares during the last quarter. Diversified Trust Co. increased its stake in shares of Intapp by 3.2% in the 4th quarter. Diversified Trust Co. now owns 8,653 shares of the company’s stock valued at $396,000 after buying an additional 269 shares during the period. Sowell Financial Services LLC raised its position in shares of Intapp by 4.9% during the fourth quarter. Sowell Financial Services LLC now owns 6,797 shares of the company’s stock worth $311,000 after acquiring an additional 320 shares during the last quarter. Caxton Associates LLP raised its position in shares of Intapp by 6.9% during the second quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock worth $309,000 after acquiring an additional 388 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Intapp by 9.3% during the first quarter. PNC Financial Services Group Inc. now owns 5,652 shares of the company’s stock valued at $145,000 after acquiring an additional 483 shares during the period. 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.