Truvestments Capital LLC Purchases Shares of 14,683 Intapp, Inc. $INTA

Truvestments Capital LLC purchased a new stake in Intapp, Inc. (NASDAQ:INTA) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 14,683 shares of the company’s stock, valued at approximately $857,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in 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 acquiring an additional 224 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Intapp in the 1st quarter valued at about $36,000. Nisa Investment Advisors LLC lifted its holdings in Intapp by 414.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company’s stock valued at $47,000 after acquiring an additional 647 shares during the last quarter. CWM LLC lifted its holdings in Intapp by 27.0% in the 1st quarter. CWM LLC now owns 1,003 shares of the company’s stock valued at $59,000 after acquiring an additional 213 shares during the last quarter. Finally, CoreCap Advisors LLC acquired a new stake in Intapp in the 4th quarter valued at about $64,000. 89.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Thad Jampol sold 6,184 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was 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 in the company, valued at $37,113,828.12. This represents a 0.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 value of $228,175.50. Following the completion of 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 can be found here. Insiders have sold 99,649 shares of company stock worth $4,224,079 over the last ninety days. 13.02% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

INTA has been the topic of several recent analyst reports. Wall Street Zen downgraded Intapp from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 21st. Citigroup cut their price objective on Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, July 16th. Piper Sandler upgraded Intapp to a “neutral” rating and set a $55.00 price objective on the stock in a report on Tuesday, June 24th. UBS Group cut their price objective on Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a report on Wednesday, August 13th. Finally, Barclays boosted their price objective on Intapp from $44.00 to $47.00 and gave the stock an “underweight” rating in a report on Wednesday, August 13th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $60.63.

Intapp Price Performance

Shares of INTA opened at $47.42 on Thursday. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of -197.58, a P/E/G ratio of 19.19 and a beta of 0.73. Intapp, Inc. has a fifty-two week low of $35.51 and a fifty-two week high of $77.74. The business’s 50-day moving average is $44.23 and its 200-day moving average is $53.55.

Intapp (NASDAQ:INTA) last issued 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 company had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The firm’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 EPS. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Equities research analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Intapp declared that its board has approved a share repurchase program on Tuesday, August 12th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are usually a sign 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.