Intapp, Inc. (NASDAQ:INTA) Receives $41.57 Average Price Target from Brokerages

Intapp, Inc. (NASDAQ:INTA) has received an average rating of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $41.5714.

Several brokerages have recently issued reports on INTA. Piper Sandler reduced their price target on Intapp from $42.00 to $33.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Wall Street Zen upgraded shares of Intapp from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a research note on Monday, December 29th. Citigroup cut their price target on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Finally, Barclays decreased their price objective on shares of Intapp from $46.00 to $35.00 and set an “underweight” rating for the company in a report on Wednesday, February 4th.

Insider Buying and Selling

In other Intapp news, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the transaction, the chief financial officer owned 43,765 shares in the company, valued at $1,783,861.40. This trade represents a 18.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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, December 29th. The shares were sold at an average price of $47.48, for a total transaction of $379,840.00. Following the completion of the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. This represents a 0.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,243 shares of company stock valued at $2,070,785 in the last ninety days. Company insiders own 11.21% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of INTA. Wellington Management Group LLP grew its position in shares of Intapp by 143.7% in the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after purchasing an additional 1,115,392 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in Intapp during the 3rd quarter valued at approximately $45,349,000. Westfield Capital Management Co. LP bought a new stake in Intapp during the 2nd quarter valued at approximately $38,657,000. Norges Bank acquired a new stake in Intapp in the 4th quarter valued at approximately $32,302,000. Finally, Goldman Sachs Group Inc. increased its position in Intapp by 103.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,212,052 shares of the company’s stock worth $55,536,000 after buying an additional 617,649 shares during the period. Institutional investors and hedge funds own 89.96% of the company’s stock.

Intapp Trading Down 0.9%

Shares of Intapp stock opened at $23.23 on Wednesday. The company has a market cap of $1.87 billion, a P/E ratio of -77.43, a P/E/G ratio of 136.91 and a beta of 0.68. The stock has a 50-day moving average price of $39.16 and a 200 day moving average price of $40.64. Intapp has a 1 year low of $20.76 and a 1 year high of $77.74.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The firm had revenue of $140.21 million during the quarter, compared to analysts’ expectations of $138.20 million. During the same quarter last year, the firm earned $0.21 earnings per share. The business’s revenue for the quarter was up 15.7% on a year-over-year basis. 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 forecast that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp declared that its Board of Directors has authorized a share buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 7.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

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.