Intapp, Inc. (NASDAQ:INTA) Receives $37.86 Average Target Price from Brokerages

Shares of Intapp, Inc. (NASDAQ:INTA) have been assigned an average rating of “Hold” from the ten brokerages that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $37.8571.

A number of equities analysts have recently weighed in on INTA shares. UBS Group dropped their target price on Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Truist Financial raised their price target on shares of Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday. Citigroup boosted their price objective on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Wall Street Zen lowered shares of Intapp from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Zacks Research downgraded shares of Intapp from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 30th.

Insider Buying and Selling at Intapp

In other news, insider Michele Murgel sold 14,591 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the transaction, the insider directly owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. This represents a 5.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 11.21% of the company’s stock.

Institutional Investors Weigh In On Intapp

Several large investors have recently made changes to their positions in INTA. Strive Financial Group LLC bought a new position in shares of Intapp in the 4th quarter valued at approximately $28,000. Harbor Investment Advisory LLC acquired a new stake in Intapp in the 2nd quarter worth $36,000. First Horizon Corp bought a new position in shares of Intapp during the 4th quarter worth about $44,000. Optiver Holding B.V. raised its position in shares of Intapp by 2,232.1% during the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after buying an additional 1,741 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its stake in shares of Intapp by 913.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after buying an additional 950 shares during the period. Institutional investors own 89.96% of the company’s stock.

Intapp Stock Performance

NASDAQ INTA opened at $37.73 on Thursday. The business’s fifty day moving average is $27.04 and its two-hundred day moving average is $25.73. The stock has a market capitalization of $2.90 billion, a P/E ratio of -72.56, a P/E/G ratio of 5.73 and a beta of 0.42. Intapp has a 1 year low of $19.01 and a 1 year high of $47.93.

Intapp (NASDAQ:INTA) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.12%. The company had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. During the same period in the prior year, the firm earned $0.27 earnings per share. The business’s quarterly revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. On average, research analysts forecast that Intapp will post 0.19 earnings per share for the current year.

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.