Intapp, Inc. (NASDAQ:INTA) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Intapp, with three sell, three hold and four buy ratings. The average 12-month price target is $37.86.
• Intapp’s latest quarterly results exceeded expectations, with adjusted EPS of $0.41 versus the $0.36 consensus and revenue of $152.53 million versus estimates of $149.75 million; revenue increased 13% year over year.
• The stock opened at $43.47, near its 12-month high of $47.93, while insiders sold 94,491 shares worth $3.65 million over the past 90 days. Institutional investors remain heavily involved, owning approximately 89.96% of outstanding shares.

Shares of Intapp, Inc. (NASDAQ:INTA - Get Free Report) have been assigned an average recommendation of "Hold" from the ten research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $37.8571.

A number of equities analysts recently weighed in on INTA shares. JPMorgan Chase & Co. lowered their price objective on shares of Intapp from $58.00 to $47.00 and set an "overweight" rating for the company in a research report on Wednesday, May 6th. Piper Sandler upped their price target on Intapp from $25.00 to $34.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Zacks Research lowered Intapp from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 30th. Citigroup lifted their price objective on Intapp from $26.00 to $29.00 and gave the company a "neutral" rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Intapp in a report on Friday, June 5th.

Intapp Stock Performance

NASDAQ INTA opened at $43.47 on Monday. The stock has a fifty day simple moving average of $32.11 and a 200-day simple moving average of $26.45. The stock has a market cap of $3.33 billion, a PE ratio of -83.60, a P/E/G ratio of 16.78 and a beta of 0.42. Intapp has a twelve month low of $19.01 and a twelve month high of $47.93.

Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The firm had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. Intapp's revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Research analysts predict that Intapp will post 0.07 EPS for the current year.

Insider Buying and Selling

In other news, insider Michele Murgel sold 14,591 shares of the firm's stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the transaction, the insider owned 233,632 shares of the company's stock, valued at approximately $5,845,472.64. This trade represents a 5.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CMO Dustin De Forest Sedgwick sold 1,474 shares of Intapp stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $41.21, for a total transaction of $60,743.54. Following the completion of the transaction, the chief marketing officer owned 22,112 shares of the company's stock, valued at $911,235.52. This trade represents a 6.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 94,491 shares of company stock worth $3,650,613 over the last 90 days. 11.21% of the stock is owned by insiders.

Hedge Funds Weigh In On Intapp

Several institutional investors have recently modified their holdings of INTA. BlackRock Inc. acquired a new position in Intapp during the 2nd quarter worth $133,660,000. Bamco Inc. NY purchased a new stake in shares of Intapp during the second quarter worth approximately $50,184,000. California State Teachers Retirement System raised its holdings in Intapp by 2,361.0% in the second quarter. California State Teachers Retirement System now owns 1,879,103 shares of the company's stock valued at $47,372,000 after acquiring an additional 1,802,749 shares in the last quarter. Wellington Management Group LLP grew its holdings in Intapp by 143.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company's stock worth $77,365,000 after acquiring an additional 1,115,392 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Intapp by 1,160.6% in the 4th quarter. Barclays PLC now owns 1,094,989 shares of the company's stock valued at $50,172,000 after purchasing an additional 1,008,128 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company's stock.

Intapp Company Profile

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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