AMS Capital Ltda Acquires 147,567 Shares of Intapp, Inc. $INTA

Key Points

• AMS Capital increased its Intapp stake by 83.6%, purchasing 147,567 shares to own 324,186 shares valued at approximately $8.3 million. Institutional investors collectively own 89.96% of Intapp.
• Analyst sentiment is mixed, with three Buy, three Hold, and three Sell ratings; the consensus rating is Hold with an average price target of $34.57.
• Intapp’s latest quarterly results modestly exceeded expectations, reporting $0.29 in EPS and $146.04 million in revenue, up 13.1% year over year, while the company continues to post a negative net margin.

AMS Capital Ltda boosted its stake in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 83.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,186 shares of the company's stock after buying an additional 147,567 shares during the quarter. Intapp makes up 3.2% of AMS Capital Ltda's portfolio, making the stock its 11th largest position. AMS Capital Ltda owned 0.42% of Intapp worth $8,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its position in Intapp by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company's stock valued at $1,808,000 after purchasing an additional 11,719 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Intapp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company's stock valued at $1,853,000 after acquiring an additional 1,379 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Intapp by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company's stock valued at $16,318,000 after acquiring an additional 6,210 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Intapp by 208.0% in the second quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company's stock worth $95,000 after acquiring an additional 1,248 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Intapp in the second quarter worth about $693,000. 89.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intapp

In other news, insider Michele Murgel sold 14,591 shares of the company's stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $25.02, for a total value of $365,066.82. Following the sale, the insider owned 233,632 shares in the company, valued at $5,845,472.64. This represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on INTA. Citigroup lifted their price objective on shares of Intapp from $26.00 to $29.00 and gave the company a "neutral" rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Intapp in a research report on Friday, June 5th. JPMorgan Chase & Co. cut their price target on Intapp from $58.00 to $47.00 and set an "overweight" rating on the stock in a report on Wednesday, May 6th. Wall Street Zen lowered Intapp from a "buy" rating to a "hold" rating in a research report on Saturday, July 18th. Finally, Zacks Research lowered Intapp from a "hold" rating to a "strong sell" rating in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Intapp presently has a consensus rating of "Hold" and an average target price of $34.57.

Intapp Price Performance

INTA opened at $32.69 on Monday. The company has a market cap of $2.52 billion, a P/E ratio of -71.06, a price-to-earnings-growth ratio of 4.97 and a beta of 0.42. The firm's 50-day moving average price is $25.56 and its 200-day moving average price is $25.79. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93.

Intapp (NASDAQ:INTA - Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.01. The firm had revenue of $146.04 million for the quarter, compared to the consensus estimate of $144.32 million. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The firm's revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 EPS. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. On average, research analysts anticipate that Intapp, Inc. will post -0.06 EPS for the current fiscal year.

Intapp 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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