Charles Schwab Investment Management Inc. Raises Stock Holdings in Intapp, Inc. $INTA

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Intapp, Inc. by 1.4% in the first quarter, holding approximately 455,085 shares worth $26.57 million.
• Several institutional investors, including Farther Finance Advisors LLC and Nisa Investment Advisors LLC, significantly raised their stakes in Intapp, indicating increased confidence in the company.
• Intapp reported better-than-expected quarterly earnings, with a revenue of $135.04 million and a guidance for FY 2026 suggesting continued growth potential.

Charles Schwab Investment Management Inc. lifted its position in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 455,085 shares of the company's stock after purchasing an additional 6,419 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.57% of Intapp worth $26,568,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in shares of Intapp by 74.2% during the 1st quarter. Farther Finance Advisors LLC now owns 526 shares of the company's stock worth $31,000 after purchasing an additional 224 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Intapp by 414.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company's stock worth $47,000 after purchasing an additional 647 shares during the period. Johnson Financial Group Inc. grew its stake in shares of Intapp by 273.8% during the 4th quarter. Johnson Financial Group Inc. now owns 826 shares of the company's stock worth $53,000 after purchasing an additional 605 shares during the period. CoreCap Advisors LLC acquired a new stake in shares of Intapp during the 4th quarter worth approximately $64,000. Finally, CWM LLC grew its stake in shares of Intapp by 27.0% during the 1st quarter. CWM LLC now owns 1,003 shares of the company's stock worth $59,000 after purchasing an additional 213 shares during the period. Institutional investors and hedge funds own 89.96% of the company's stock.

Insider Buying and Selling at Intapp

In other news, insider Thad Jampol sold 6,184 shares of Intapp stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $260,099.04. Following the transaction, the insider owned 882,402 shares in the company, valued at $37,113,828.12. The trade was a 0.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michele Murgel sold 5,425 shares of Intapp stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $228,175.50. Following the transaction, the insider owned 224,522 shares in the company, valued at approximately $9,443,395.32. This represents a 2.36% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 99,649 shares of company stock worth $4,224,079. Corporate insiders own 13.02% of the company's stock.

Intapp Trading Up 3.3%

INTA traded up $1.44 on Tuesday, hitting $45.04. 1,839,351 shares of the company's stock were exchanged, compared to its average volume of 1,372,340. Intapp, Inc. has a fifty-two week low of $35.51 and a fifty-two week high of $77.74. The firm has a 50-day moving average price of $44.35 and a 200-day moving average price of $53.60. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of -187.67, a P/E/G ratio of 13.49 and a beta of 0.73.

Intapp (NASDAQ:INTA - Get Free Report) last announced its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The company had revenue of $135.04 million for the quarter, compared to analysts' expectations of $132.07 million. During the same quarter in the previous year, the company posted $0.15 EPS. The firm's quarterly revenue was up 18.1% on a year-over-year basis. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. On average, equities analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp declared that its board has approved a stock repurchase program on Tuesday, August 12th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of brokerages have recently commented on INTA. Piper Sandler raised shares of Intapp to a "neutral" rating and set a $55.00 price objective on the stock in a research note on Tuesday, June 24th. Wall Street Zen cut shares of Intapp from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 21st. Stifel Nicolaus dropped their price target on shares of Intapp from $65.00 to $60.00 and set a "buy" rating on the stock in a research note on Tuesday, July 8th. UBS Group dropped their price target on shares of Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research note on Wednesday, August 13th. Finally, Citigroup dropped their price target on shares of Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 16th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $60.63.

About Intapp

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.