Intapp, Inc. $INTA Shares Sold by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. reduced its stake in Intapp, Inc. by 19.1% during the first quarter, owning approximately 1.20% of the company valued at $56.58 million after selling 228,312 shares.
• Intapp announced a $150 million stock buyback plan, which typically indicates the board's belief that the stock is undervalued, after reporting an 18.1% increase in revenue year-over-year.
• The stock currently has an average rating of "Hold" among analysts, with a consensus price target of $60.63, despite various rating changes from different research analysts.

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 19.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 969,174 shares of the company's stock after selling 228,312 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 1.20% of Intapp worth $56,580,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in 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 buying an additional 224 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Intapp by 414.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company's stock valued at $47,000 after buying an additional 647 shares during the period. Johnson Financial Group Inc. raised its position in shares of Intapp by 273.8% during the 4th quarter. Johnson Financial Group Inc. now owns 826 shares of the company's stock valued at $53,000 after buying an additional 605 shares during the period. CoreCap Advisors LLC purchased a new stake in Intapp in the fourth quarter valued at approximately $64,000. Finally, CWM LLC raised its position in Intapp by 27.0% in the first quarter. CWM LLC now owns 1,003 shares of the company's stock valued at $59,000 after purchasing an additional 213 shares during the period. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on INTA. UBS Group cut their price objective on Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Piper Sandler upgraded shares of Intapp to a "neutral" rating and set a $55.00 target price for the company in a research note on Tuesday, June 24th. Wall Street Zen downgraded shares of Intapp from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 21st. Barclays boosted their target price on shares of Intapp from $44.00 to $47.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 13th. Finally, Citigroup lowered their target price on shares of Intapp from $66.00 to $53.00 and set a "neutral" rating for the company in a research note on Wednesday, July 16th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $60.63.

Intapp Price Performance

Intapp stock traded up $0.92 during mid-day trading on Friday, reaching $42.82. The company had a trading volume of 821,004 shares, compared to its average volume of 1,352,024. The stock's 50-day simple moving average is $44.75 and its 200-day simple moving average is $53.85. The company has a market capitalization of $3.52 billion, a P/E ratio of -178.42, a P/E/G ratio of 13.25 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 released its quarterly earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.23 by $0.04. The business had revenue of $135.04 million for the quarter, compared to analyst estimates of $132.07 million. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The company's quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the business 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. On average, equities analysts forecast that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Intapp announced that its board has initiated a stock buyback program on Tuesday, August 12th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the company to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Intapp news, insider Michele Murgel sold 5,425 shares of Intapp stock in a transaction on Wednesday, August 20th. The shares were 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 $9,443,395.32. This trade represents a 2.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider David Benjamin Harrison sold 6,690 shares of the firm's stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $281,381.40. Following the completion of the transaction, the insider directly owned 12,447 shares in the company, valued at approximately $523,520.82. This represents a 34.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 53,091 shares of company stock worth $2,338,767 over the last 90 days. Company insiders own 13.02% of the company's stock.

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.