Intapp (NASDAQ:INTA) Upgraded by Wall Street Zen to Strong-Buy Rating

Wall Street Zen upgraded shares of Intapp (NASDAQ:INTA) from a buy rating to a strong-buy rating in a research note published on Monday morning.

Several other analysts also recently issued reports on the company. Stifel Nicolaus reduced their price target on Intapp from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Barclays lowered their price objective on Intapp from $46.00 to $35.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a research report on Monday, December 29th. UBS Group set a $54.00 price target on shares of Intapp in a research note on Wednesday, February 4th. Finally, Citigroup dropped 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. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $41.57.

Intapp Stock Performance

Shares of INTA opened at $19.47 on Monday. Intapp has a 52 week low of $19.45 and a 52 week high of $67.76. The firm has a market cap of $1.57 billion, a P/E ratio of -64.90, a price-to-earnings-growth ratio of 127.50 and a beta of 0.68. The firm’s 50-day simple moving average is $36.67 and its 200 day simple moving average is $39.91.

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

Intapp declared that its Board of Directors has approved a share buyback program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 7.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, CEO John T. Hall sold 8,000 shares of the company’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 completion of the sale, the chief executive officer owned 5,711,668 shares of the company’s stock, valued at $271,189,996.64. This represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.21% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intapp

Several hedge funds and other institutional investors have recently made changes to their positions in INTA. Strive Financial Group LLC acquired a new stake in shares of Intapp during the 4th quarter worth approximately $28,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Intapp during the second quarter worth $31,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Intapp by 356.0% in the 2nd 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 in the last quarter. First Horizon Corp acquired a new stake in shares of Intapp in the 4th quarter valued at $44,000. Finally, Federation des caisses Desjardins du Quebec increased its stake in shares of Intapp by 913.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after purchasing an additional 950 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

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.