Intapp (NASDAQ:INTA) Stock Price Down 6.7% – What’s Next?

Intapp, Inc. (NASDAQ:INTAGet Free Report)’s stock price dropped 6.7% during trading on Tuesday . The stock traded as low as $36.50 and last traded at $36.6210. Approximately 188,818 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 471,525 shares. The stock had previously closed at $39.25.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on INTA shares. Piper Sandler set a $42.00 price objective on Intapp and gave the company a “neutral” rating in a research note on Monday, October 20th. Barclays increased their target price on shares of Intapp from $43.00 to $46.00 and gave the stock an “underweight” rating in a report on Monday, January 5th. UBS Group decreased their price target on shares of Intapp from $72.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Citigroup increased their price objective on shares of Intapp from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Finally, Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Sunday, October 26th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $55.29.

Get Our Latest Report on Intapp

Intapp Stock Down 5.9%

The firm has a market capitalization of $2.81 billion, a P/E ratio of -95.36, a price-to-earnings-growth ratio of 61.38 and a beta of 0.69. The company’s 50 day moving average is $42.76 and its 200-day moving average is $41.87.

Intapp (NASDAQ:INTAGet Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. The firm had revenue of $139.03 million during the quarter, compared to analysts’ expectations of $135.34 million. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. The business’s revenue was up 17.0% on a year-over-year basis. During the same period last year, the company earned $0.21 earnings per share. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS and its Q2 2026 guidance at 0.250-0.270 EPS. On average, analysts predict that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO John T. Hall sold 8,000 shares of Intapp stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $47.48, for a total value of $379,840.00. Following the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. The trade was a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the sale, the chief financial officer owned 43,765 shares of the company’s stock, valued at approximately $1,783,861.40. This represents a 18.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 48,243 shares of company stock valued at $2,070,785 in the last 90 days. 11.21% of the stock is currently owned by corporate insiders.

Institutional Trading of Intapp

A number of institutional investors and hedge funds have recently modified their holdings of INTA. AQR Capital Management LLC lifted its holdings in shares of Intapp by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after buying an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Intapp by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after purchasing an additional 1,379 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Intapp by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after buying an additional 6,210 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Intapp by 19.3% during the second quarter. Janney Montgomery Scott LLC now owns 7,050 shares of the company’s stock valued at $364,000 after buying an additional 1,142 shares during the period. Finally, Truist Financial Corp increased its holdings in Intapp by 378.5% during the second quarter. Truist Financial Corp now owns 26,188 shares of the company’s stock valued at $1,352,000 after buying an additional 20,715 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

Intapp Company Profile

(Get Free Report)

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.

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