UBS Group Forecasts Strong Price Appreciation for Intapp (NASDAQ:INTA) Stock

Key Points

• UBS Group raised its price target for Intapp to $46 from $40 and maintained a “buy” rating, implying 26.09% potential upside from the stock’s $36.48 price. The broader analyst consensus remains “Hold,” with an average target of $37.86.
• Intapp exceeded quarterly expectations, reporting $0.41 in EPS versus the $0.36 consensus and revenue of $152.53 million versus $149.75 million expected. Revenue increased 13% year over year.
• Insiders have sold shares recently, including transactions by the CFO and CEO, with insiders selling 100,491 shares worth $3.88 million over the past three months; institutional investors own approximately 89.96% of the stock.

Intapp (NASDAQ:INTA - Get Free Report) had its price target hoisted by research analysts at UBS Group from $40.00 to $46.00 in a research note issued on Monday, Benzinga reports. The firm currently has a "buy" rating on the stock. UBS Group's price target would indicate a potential upside of 26.09% from the company's current price.

A number of other analysts have also issued reports on the company. Weiss Ratings reiterated a "sell (e+)" rating on shares of Intapp in a report on Wednesday, September 2nd. Truist Financial lifted their price target on shares of Intapp from $35.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Zacks Research raised Intapp from a "strong sell" rating to a "hold" rating in a report on Friday, August 28th. Barclays boosted their price objective on shares of Intapp from $25.00 to $29.00 and gave the company an "underweight" rating in a report on Wednesday, August 5th. Finally, Piper Sandler lifted their target price on Intapp from $25.00 to $34.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. Four equities 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 stock. According to MarketBeat.com, Intapp has an average rating of "Hold" and a consensus target price of $37.86.

Intapp Trading Up 0.8%

Shares of NASDAQ:INTA opened at $36.48 on Monday. The firm's 50-day moving average is $36.30 and its 200 day moving average is $28.23. Intapp has a 12 month low of $19.01 and a 12 month high of $47.93. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of -70.56, a PEG ratio of 13.98 and a beta of 0.45.

Intapp (NASDAQ:INTA - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.05. The business had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The business's revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.27 earnings per share. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. As a group, equities analysts forecast that Intapp will post 0.07 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $40.88, for a total transaction of $408,800.00. Following the completion of the transaction, the chief financial officer directly owned 120,074 shares in the company, valued at approximately $4,908,625.12. This represents a 7.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO John T. Hall sold 3,000 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $37.93, for a total value of $113,790.00. Following the sale, the chief executive officer directly owned 5,814,808 shares of the company's stock, valued at $220,555,667.44. The trade was a 0.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 100,491 shares of company stock valued at $3,883,173. 11.21% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of INTA. Integrated Wealth Concepts LLC purchased a new stake in shares of Intapp in the 2nd quarter valued at approximately $55,000. Squarepoint Ops LLC bought a new position in Intapp during the second quarter valued at about $1,065,000. Amundi raised its holdings in shares of Intapp by 24.0% in the 2nd quarter. Amundi now owns 32,292 shares of the company's stock worth $814,000 after purchasing an additional 6,245 shares in the last quarter. AXQ Capital LP purchased a new position in shares of Intapp in the second quarter worth approximately $205,000. Finally, Thrive Wealth Management LLC acquired a new position in shares of Intapp in the 2nd quarter valued at about $243,000. Hedge funds and other institutional investors own 89.96% of the company's stock.

Intapp Company Profile

Intapp, Inc provides cloud-based software designed for professional and financial services firms. Its platform helps organizations manage client relationships, business development, collaboration, time and expense tracking, billing, compliance, conflicts of interest, and other operational workflows.

The company's products include DealCloud, a relationship intelligence and deal management platform for private capital markets and investment banking firms; Intapp Documents, which supports document and collaboration workflows; Intapp Time and Intapp Bill, which address time capture and billing processes; and solutions for managing conflicts, engagements, terms, and information barriers.

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