Intapp, Inc. $INTA Shares Bought by Charles Schwab Investment Management Inc.

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. boosted its holdings in Intapp, Inc. (NASDAQ:INTA - Free Report) by 1.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 455,085 shares of the company's stock after buying an additional 6,419 shares during the period. Charles Schwab Investment Management Inc. owned 0.57% of Intapp worth $26,568,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of Intapp by 74.2% in 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 raised its holdings in shares of Intapp by 414.7% in 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. raised its holdings in shares of Intapp by 273.8% in 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 purchased a new position in shares of Intapp in the 4th quarter worth about $64,000. Finally, CWM LLC raised its holdings in shares of Intapp by 27.0% in 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. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Stifel Nicolaus cut their price objective on Intapp from $65.00 to $60.00 and set a "buy" rating on the stock in a report on Tuesday, July 8th. Wall Street Zen downgraded Intapp from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 21st. Piper Sandler upgraded Intapp to a "neutral" rating and set a $55.00 price objective on the stock in a report on Tuesday, June 24th. Barclays raised their target price on Intapp from $44.00 to $47.00 and gave the company an "underweight" rating in a report on Wednesday, August 13th. Finally, Citigroup dropped their target price on Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a report 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 MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $60.63.

Intapp Price Performance

INTA stock traded up $0.92 during midday trading on Friday, hitting $42.82. 821,004 shares of the company's stock were exchanged, compared to its average volume of 1,335,127. Intapp, Inc. has a 12-month low of $35.51 and a 12-month high of $77.74. The firm has a 50 day moving average price of $44.75 and a 200-day moving average price of $54.10.

Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings data 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 return on equity of 0.89% and a negative net margin of 3.61%.The company had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. During the same period in the previous year, the business earned $0.15 EPS. Intapp's revenue for the quarter was up 18.1% compared to the same quarter last year. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Analysts predict that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

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

Insider Activity at Intapp

In other Intapp news, CFO David H. Morton, Jr. sold 9,943 shares of Intapp stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $418,202.58. Following the sale, the chief financial officer directly owned 51,623 shares in the company, valued at $2,171,263.38. The trade was a 16.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John T. Hall sold 13,977 shares of Intapp stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $587,872.62. Following the sale, the chief executive officer owned 5,624,993 shares in the company, valued at $236,587,205.58. This represents a 0.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 53,091 shares of company stock worth $2,338,767 over the last ninety days. Company insiders own 13.02% of the company's stock.

Intapp Company Profile

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.