Intapp, Inc. (NASDAQ:INTA) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Intapp, Inc. (NASDAQ:INTA) have earned an average rating of “Hold” from the ten analysts that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, four 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 $37.8571.

Several analysts have recently weighed in on the company. Piper Sandler boosted their target price on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Truist Financial increased their target price on shares of Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Barclays lifted their target price on Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Finally, Zacks Research upgraded Intapp from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th.

Insiders Place Their Bets

In related news, CMO Dustin Sedgwick sold 1,474 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $41.21, for a total transaction of $60,743.54. Following the completion of the transaction, the chief marketing officer directly owned 22,112 shares of the company’s stock, valued at $911,235.52. This represents a 6.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michele Murgel sold 14,591 shares of Intapp stock in a transaction that occurred 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 completion of the sale, the insider directly owned 233,632 shares in the company, valued at $5,845,472.64. This represents a 5.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 94,491 shares of company stock valued at $3,650,613. Corporate insiders own 11.21% of the company’s stock.

Institutional Trading of Intapp

Institutional investors have recently added to or reduced their stakes in the stock. TimesSquare Capital Management LLC purchased a new position in Intapp in the 2nd quarter valued at approximately $12,650,000. Alamar Capital Management LLC purchased a new position in shares of Intapp in the second quarter valued at $2,040,000. AMS Capital Ltda boosted its position in shares of Intapp by 83.6% in the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after buying an additional 147,567 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of Intapp by 100.1% in the 1st quarter. Lazard Asset Management LLC now owns 89,968 shares of the company’s stock worth $2,311,000 after buying an additional 45,006 shares in the last quarter. Finally, Norges Bank acquired a new stake in Intapp in the 4th quarter valued at about $32,302,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Intapp Trading Down 3.2%

Shares of INTA opened at $41.71 on Monday. The firm has a market cap of $3.19 billion, a P/E ratio of -80.21, a price-to-earnings-growth ratio of 16.64 and a beta of 0.45. Intapp has a 12-month low of $19.01 and a 12-month high of $47.93. The company’s 50-day moving average price is $34.08 and its 200 day moving average price is $27.08.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The company had revenue of $152.53 million during the quarter, compared to analyst estimates of $149.75 million. During the same quarter last year, the firm posted $0.27 earnings per share. Intapp’s revenue was up 13.0% compared to the same quarter last year. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Equities research analysts forecast that Intapp will post 0.07 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.