Analysts Set Intapp, Inc. (NASDAQ:INTA) Target Price at $58.00

Intapp, Inc. (NASDAQ:INTA) has received a consensus recommendation of “Hold” from the nine analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $54.8571.

INTA has been the subject of several research analyst reports. Piper Sandler set a $42.00 target price on shares of Intapp and gave the stock a “neutral” rating in a research report on Monday, October 20th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research report on Tuesday, October 14th. Citigroup decreased their price target on shares of Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. Finally, UBS Group decreased their price target on shares of Intapp from $72.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday.

Intapp Trading Up 6.2%

NASDAQ:INTA opened at $39.36 on Monday. The company has a 50-day moving average price of $41.42 and a 200-day moving average price of $46.59. Intapp has a 12 month low of $35.51 and a 12 month high of $77.74. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of -109.33, a P/E/G ratio of 15.79 and a beta of 0.70.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.19 by $0.05. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The firm had revenue of $139.03 million during the quarter, compared to analysts’ expectations of $135.34 million. During the same period last year, the company posted $0.21 EPS. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. Equities analysts forecast that Intapp will post -0.14 EPS for the current fiscal year.

Intapp declared that its Board of Directors has initiated a stock buyback program on Tuesday, August 12th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In related news, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $42.95, for a total value of $429,500.00. Following the completion of the transaction, the chief financial officer directly owned 36,855 shares in the company, valued at $1,582,922.25. This trade represents a 21.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thad Jampol sold 6,184 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $260,099.04. Following the completion of the transaction, the insider owned 882,402 shares of the company’s stock, valued at approximately $37,113,828.12. The trade was a 0.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 101,169 shares of company stock worth $4,292,798 over the last 90 days. Corporate insiders own 11.21% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC increased its stake in Intapp by 54.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 9,891 shares of the company’s stock valued at $588,000 after purchasing an additional 3,468 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Intapp by 61.9% during the 1st quarter. Bank of New York Mellon Corp now owns 264,088 shares of the company’s stock valued at $15,417,000 after purchasing an additional 101,004 shares in the last quarter. Palisades Investment Partners LLC increased its stake in Intapp by 1.7% during the 1st quarter. Palisades Investment Partners LLC now owns 168,842 shares of the company’s stock valued at $9,857,000 after purchasing an additional 2,829 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Intapp by 414.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company’s stock valued at $47,000 after purchasing an additional 647 shares in the last quarter. Finally, Xponance Inc. increased its stake in Intapp by 11.9% during the 1st quarter. Xponance Inc. now owns 4,246 shares of the company’s stock valued at $248,000 after purchasing an additional 450 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors.

About Intapp

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.