Intapp, Inc. $INTA Shares Sold by Prudential Financial Inc.

Prudential Financial Inc. lowered its position in Intapp, Inc. (NASDAQ:INTA) by 40.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 358,670 shares of the company’s stock after selling 243,825 shares during the quarter. Prudential Financial Inc. owned approximately 0.44% of Intapp worth $18,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. REAP Financial Group LLC raised its position in Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 330 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Intapp in the 2nd quarter valued at approximately $31,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Intapp during the first quarter worth $36,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Intapp by 356.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after purchasing an additional 502 shares during the period. Finally, Quarry LP lifted its position in shares of Intapp by 1,155.4% during the 1st quarter. Quarry LP now owns 703 shares of the company’s stock valued at $41,000 after acquiring an additional 647 shares during the period. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

INTA has been the topic of several recent analyst reports. Stifel Nicolaus set a $50.00 price objective on shares of Intapp in a research note on Wednesday, November 5th. Barclays dropped their price target on Intapp from $47.00 to $43.00 and set an “underweight” rating for the company in a research note on Tuesday, October 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a report on Monday. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Finally, Citigroup lowered their target price on Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Intapp has an average rating of “Hold” and an average price target of $54.86.

Insider Transactions at Intapp

In related 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 value of $407,600.00. Following the transaction, the chief financial officer owned 43,765 shares in the company, valued at approximately $1,783,861.40. This represents a 18.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO John T. Hall sold 22,243 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $906,624.68. Following the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $232,807,587.68. This trade represents a 0.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 33,763 shares of company stock valued at $1,382,944. 11.21% of the stock is owned by insiders.

Intapp Stock Performance

Intapp stock opened at $42.60 on Thursday. Intapp, Inc. has a 52 week low of $35.51 and a 52 week high of $77.74. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of -118.33, a P/E/G ratio of 70.51 and a beta of 0.70. The company has a 50 day moving average price of $40.22 and a 200 day moving average price of $45.23.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. The firm had revenue of $139.03 million for the quarter, compared to analyst estimates of $135.34 million. Intapp had a negative return on equity of 1.58% and a negative net margin of 5.35%.Intapp’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 earnings per share. 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, Inc. will post -0.14 earnings per share for the current fiscal year.

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

Intapp Profile

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.