Intapp (NASDAQ:INTA) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of Intapp (NASDAQ:INTA) from a buy rating to a hold rating in a report released on Saturday morning.

A number of other equities research analysts have also weighed in on INTA. Barclays raised their price objective on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. dropped their price objective on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Citigroup raised their target price on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Finally, UBS Group decreased their price objective on shares of Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.57.

Intapp Price Performance

Shares of NASDAQ:INTA opened at $29.12 on Friday. The business’s 50 day moving average price is $23.95 and its 200-day moving average price is $27.00. Intapp has a 1 year low of $19.01 and a 1 year high of $47.93. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of -63.30, a price-to-earnings-growth ratio of 3.22 and a beta of 0.47.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The company had revenue of $146.04 million during the quarter, compared to analysts’ expectations of $144.32 million. During the same quarter in the prior year, the company earned $0.26 EPS. Intapp’s revenue was up 13.1% compared to the same quarter last year. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. On average, sell-side analysts expect that Intapp will post -0.05 earnings per share for the current year.

Insider Transactions at Intapp

In other news, insider Michele Murgel sold 14,591 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the transaction, the insider directly owned 233,632 shares in the company, valued at $5,845,472.64. The trade was a 5.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 11.21% of the company’s stock.

Hedge Funds Weigh In On Intapp

Several institutional investors have recently bought and sold shares of INTA. Tudor Investment Corp ET AL grew its position in shares of Intapp by 737.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 108,321 shares of the company’s stock worth $4,430,000 after buying an additional 95,380 shares during the period. AMS Capital Ltda purchased a new position in Intapp during the 4th quarter valued at about $8,093,000. Jennison Associates LLC lifted its position in Intapp by 3.7% during the 4th quarter. Jennison Associates LLC now owns 1,831,625 shares of the company’s stock valued at $83,925,000 after acquiring an additional 65,174 shares during the period. Norges Bank bought a new stake in Intapp during the fourth quarter worth about $32,302,000. Finally, Nicholas Company Inc. increased its stake in shares of Intapp by 16.0% during the fourth quarter. Nicholas Company Inc. now owns 148,124 shares of the company’s stock valued at $6,787,000 after purchasing an additional 20,419 shares in the last quarter. Institutional investors own 89.96% of the company’s stock.

Intapp Company Profile

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.