Intapp, Inc. (NASDAQ:INTA) Stock Has Consensus Target Price of $37.86

Key Points

• Analysts have a consensus “Hold” rating on Intapp, with two sell, four hold, and four buy recommendations. The average 12-month price target is $37.86, close to the stock’s reported $36.83 opening price.
• Intapp exceeded quarterly expectations, reporting $0.41 in EPS versus the $0.36 consensus and $152.53 million in revenue versus $149.75 million expected. Revenue increased 13% year over year, although the company continued to post a negative net margin.
• Shares were up 1.0%, while institutional investors owned nearly 90% of the stock. Insiders sold 88,900 shares worth approximately $3.63 million over the prior 90 days, with the transactions conducted under pre-arranged trading plans.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) has been given a consensus recommendation of "Hold" by the ten analysts that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $37.86.

INTA has been the subject of a number of analyst reports. Truist Financial boosted their price target on Intapp from $35.00 to $45.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Barclays raised their price target on Intapp from $25.00 to $29.00 and gave the company an "underweight" rating in a report on Wednesday, August 5th. UBS Group lifted their price objective on shares of Intapp from $40.00 to $46.00 and gave the company a "buy" rating in a research note on Monday. Piper Sandler upped their price objective on shares of Intapp from $25.00 to $34.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Intapp in a research report on Wednesday, September 2nd.

Intapp Trading Up 1.0%

Shares of NASDAQ:INTA opened at $36.83 on Friday. The firm's 50 day moving average is $36.94 and its two-hundred day moving average is $28.48. The firm has a market capitalization of $2.82 billion, a P/E ratio of -70.83, a PEG ratio of 13.93 and a beta of 0.45. Intapp has a 52 week low of $19.01 and a 52 week 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, topping the consensus estimate of $0.36 by $0.05. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The business had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. During the same period in the previous year, the firm posted $0.27 earnings per share. The business's revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Analysts predict that Intapp will post 0.07 EPS for the current year.

Insider Activity at Intapp

In other news, CMO Dustin Sedgwick sold 1,474 shares of the company's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $41.21, for a total value of $60,743.54. Following the completion of the sale, the chief marketing officer directly owned 22,112 shares of the company's stock, valued at approximately $911,235.52. This represents a 6.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director George Neble sold 2,624 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $40.00, for a total transaction of $104,960.00. Following the completion of the transaction, the director owned 30,465 shares of the company's stock, valued at $1,218,600. This trade represents a 7.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 88,900 shares of company stock valued at $3,628,326. 11.21% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Intapp

A number of institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its stake in shares of Intapp by 9.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,652 shares of the company's stock valued at $145,000 after purchasing an additional 483 shares during the last quarter. ProShare Advisors LLC increased its position in Intapp by 8.0% during the fourth quarter. ProShare Advisors LLC now owns 10,445 shares of the company's stock worth $479,000 after buying an additional 773 shares during the last quarter. Personal CFO Solutions LLC raised its holdings in Intapp by 8.8% during the first quarter. Personal CFO Solutions LLC now owns 10,559 shares of the company's stock valued at $271,000 after buying an additional 858 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in Intapp by 4.0% during the second quarter. Handelsbanken Fonder AB now owns 23,200 shares of the company's stock valued at $585,000 after buying an additional 900 shares in the last quarter. Finally, Strs Ohio lifted its position in shares of Intapp by 5.7% in the first quarter. Strs Ohio now owns 20,300 shares of the company's stock worth $522,000 after buying an additional 1,100 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

About Intapp

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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