Intapp (NASDAQ:INTA) Upgraded at Wall Street Zen

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

INTA has been the subject of several other reports. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research report on Tuesday, October 14th. Citigroup decreased their price objective 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. Stifel Nicolaus decreased their price objective 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 set a $42.00 price objective on shares of Intapp and gave the company a “neutral” rating in a research note on Monday, October 20th. Finally, UBS Group decreased their price objective 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. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued 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 $58.00.

Intapp Price Performance

Shares of NASDAQ INTA opened at $39.62 on Friday. The stock has a market capitalization of $3.24 billion, a price-to-earnings ratio of -165.08, a PEG ratio of 16.91 and a beta of 0.71. The business has a 50-day moving average of $42.08 and a 200-day moving average of $47.17. Intapp has a fifty-two week low of $35.51 and a fifty-two week high of $77.74.

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

Intapp announced that its Board of Directors has authorized a stock repurchase program on Tuesday, August 12th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, CFO David H. Morton, Jr. sold 10,000 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $42.95, for a total value of $429,500.00. Following the transaction, the chief financial officer owned 36,855 shares in the company, valued at $1,582,922.25. The trade was a 21.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michele Murgel sold 5,425 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $228,175.50. Following the transaction, the insider owned 224,522 shares in the company, valued at $9,443,395.32. This represents a 2.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,169 shares of company stock valued at $4,292,798 over the last quarter. Company insiders own 11.21% of the company’s stock.

Institutional Investors Weigh In On Intapp

A number of institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC raised its holdings in shares of Intapp by 27.0% in the 1st quarter. CWM LLC now owns 1,003 shares of the company’s stock worth $59,000 after acquiring an additional 213 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Intapp by 3.5% in the 1st quarter. Hsbc Holdings PLC now owns 8,001 shares of the company’s stock worth $465,000 after acquiring an additional 272 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Intapp by 27.9% in the 3rd quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock worth $58,000 after acquiring an additional 310 shares during the last quarter. REAP Financial Group LLC raised 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 acquiring an additional 330 shares during the last quarter. Finally, Caxton Associates LLP raised its holdings in shares of Intapp by 6.9% in the 2nd quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock worth $309,000 after acquiring an additional 388 shares during the last quarter. Institutional investors and hedge funds 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.