Intapp, Inc. $INTA Shares Acquired by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. increased its holdings in Intapp, Inc. by 122.1% in Q1, now owning shares worth $924,000.
• Analysts have adjusted their price targets for Intapp, with UBS setting a new target of $72.00, while Citigroup reduced theirs to $53.00.
• Intapp has initiated a $150 million share buyback program, indicating management's belief that its shares are undervalued.

Fox Run Management L.L.C. increased its position in Intapp, Inc. (NASDAQ:INTA - Free Report) by 122.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,834 shares of the company's stock after acquiring an additional 8,705 shares during the period. Fox Run Management L.L.C.'s holdings in Intapp were worth $924,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of INTA. Farther Finance Advisors LLC grew its holdings in Intapp by 74.2% during the 1st quarter. Farther Finance Advisors LLC now owns 526 shares of the company's stock valued at $31,000 after buying an additional 224 shares during the last quarter. Nisa Investment Advisors LLC lifted 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. lifted 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. CWM LLC lifted 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. Finally, CoreCap Advisors LLC purchased a new position in shares of Intapp during the 4th quarter worth $64,000. Institutional investors and hedge funds own 89.96% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on INTA shares. Citigroup reduced their price target on Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 16th. Stifel Nicolaus reduced their price target on 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 reduced their price target on Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research note on Wednesday, August 13th. Barclays increased their price target on Intapp from $44.00 to $47.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 13th. Finally, Piper Sandler raised Intapp to a "neutral" rating and set a $55.00 target price on the stock in a research report on Tuesday, June 24th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Intapp has an average rating of "Hold" and a consensus target price of $60.63.

Insider Activity

In other news, CFO David H. Morton, Jr. sold 10,000 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $55.02, for a total transaction of $550,200.00. Following the completion of the sale, the chief financial officer directly owned 32,739 shares in the company, valued at $1,801,299.78. This trade represents a 23.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Benjamin Harrison sold 14,275 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $55.01, for a total value of $785,267.75. The disclosure for this sale can be found here. Insiders sold 63,475 shares of company stock worth $3,494,020 over the last ninety days. Corporate insiders own 13.02% of the company's stock.

Intapp Trading Down 0.1%

NASDAQ:INTA traded down $0.0390 during mid-day trading on Thursday, hitting $41.7910. The company had a trading volume of 291,458 shares, compared to its average volume of 733,934. The business has a fifty day simple moving average of $45.24 and a 200-day simple moving average of $54.51. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of -174.38, a PEG ratio of 13.15 and a beta of 0.73. Intapp, Inc. has a 1 year low of $35.51 and a 1 year high of $77.74.

Intapp (NASDAQ:INTA - Get Free Report) last announced its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. The company had revenue of $135.04 million during the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative return on equity of 0.91% and a negative net margin of 3.61%.The company's revenue was up 18.1% on a year-over-year basis. During the same period last year, the firm earned $0.15 earnings per share. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. As a group, research analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current year.

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

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.