Intapp (NASDAQ:INTA) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Intapp (NASDAQ:INTA) from a hold rating to a buy rating in a report published on Sunday.

A number of other research firms have also recently weighed in on INTA. Stifel Nicolaus dropped their target price on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, July 8th. Piper Sandler upgraded shares of Intapp to a “neutral” rating and set a $55.00 target price on the stock in a research note on Tuesday, June 24th. UBS Group dropped their price target on shares of Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. Citigroup dropped their price target on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 16th. Finally, Barclays upped their price target on shares of Intapp from $44.00 to $47.00 and gave the company an “underweight” rating in a research note on Wednesday, August 13th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Intapp presently has a consensus rating of “Hold” and an average price target of $60.63.

Intapp Stock Down 0.6%

INTA opened at $44.59 on Friday. The stock has a market cap of $3.66 billion, a price-to-earnings ratio of -185.79, a PEG ratio of 19.11 and a beta of 0.74. Intapp has a twelve month low of $35.51 and a twelve month high of $77.74. The company’s 50-day moving average price is $42.79 and its two-hundred day moving average price is $51.09.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. The firm had revenue of $135.04 million for the quarter, compared to analysts’ expectations of $132.07 million. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The company’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. As a group, sell-side analysts anticipate that Intapp will post -0.14 earnings per share for the current year.

Intapp declared that its Board of Directors has approved a share buyback program on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 5.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Intapp

In other news, insider Thad Jampol sold 6,184 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total value of $260,099.04. Following the transaction, the insider owned 882,402 shares of the company’s stock, valued at $37,113,828.12. This represents a 0.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider David Benjamin Harrison sold 6,690 shares of the stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $281,381.40. Following the completion of the transaction, the insider directly owned 12,447 shares in the company, valued at $523,520.82. The trade was a 34.96% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 101,169 shares of company stock worth $4,292,798. Company insiders own 13.02% of the company’s stock.

Hedge Funds Weigh In On Intapp

Institutional investors have recently made changes to their positions in the stock. REAP Financial Group LLC increased its holdings in shares of Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock worth $25,000 after buying an additional 330 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Intapp by 74.2% in the 1st quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after purchasing an additional 224 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Intapp in the 2nd quarter valued at $31,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Intapp by 356.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock valued at $33,000 after purchasing an additional 502 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Intapp in the 1st quarter valued at $36,000. Institutional investors own 89.96% of the company’s stock.

Intapp Company 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.